Pinned Tweet
What's in a SHROOM?
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Another 1,000,000 SHROOM burned
Another 1,000,000 SHROOM burned
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We’ve been sharing these updates in telegram for a while, will bring them to X as well.

Shroomlog 🍄🪵

- We’re exploring oracle-guided quotes and ways to pair SHROOM with index baskets. Both could open up more opportunities to earn trading fees. More discussions on this in the - Another ~1% in compounding LP returns since Friday

- We’re working on WTH hook optimizations to help our liquidity earn more

- Some smaller buy-support LPs have filled, we've pulled out on those
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Contrary to popular belief and recent price action:
- no, we are not preparing a rug
- yes, we are doing things

Should we post more on twitter?
Yes, definitely. But there are frequent updates on the State of the Fungal Union on our public telegram t.me/fungalstate
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People kept asking about updates, cause they're not reading our telegram.

Tune in to hear our glorious leader, in less than 1 hour.
The candles are lit and the table is set. 🕯️

The October edition of The DeFi Roundtable is tomorrow! Joining us:

→ @lordpemby of @MCDAOio
→ @Nomad_ and @0xTez_ of @StudioDotFun
→ @0xcarnation of @shroom_network
→ Our own @CoreyCaplan3 & @adam_knuckey from @Dolomite_io

🕐 FridET
🗣️ Hosted by @jerame30

Got a question for the table? Drop it below and set your reminder 👇
x.com/i/spaces/1nxnR…
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SHROOM honorably mentioned!
Huge congrats to the winners of both tracks! 🏆

With 447 teams participating, deciding on the winners was anything but easy. Join us in celebrating ten teams that impressed us.

Honorable shoutout to:

- @playhunchxyz - Prediction markets on Robinhood Stock Tokens

- @hyfi_xyz - ng CEX liquidity to tokenized stocks

- @PoolParty_xyz - Decentralized asset manager on Arbitrum and Robinhood Chain

- @shroom_network - Liquidity network for stock tokens on Robinhood Chain

- @OpenbandsXYZ - Social forum where verified people connect in a safe and authentic context

- @0xT3tris - Zero-fee, permissionless vault infrastructure

- @0xorbSwap - N-dimensional AMM to unify all liquidity as one

- @juicedexchange - Onchain leverage protocol on Robinhood Chain

- @Wayan_Onchain - A content agent that produces short videos for businesses

- @redcarpethq - Regulated RWA marketplace converting film profit rights into tradeable securities

Excited to see more teams take their products to the next stage and bring their ideas to life on Arbitrum.
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Another 1,000,000 SHROOM burned
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Calling all farmers - SHROOM pairs will be live on Fang!
Genesis Partner Announcement 🍄

We're excited to welcome @shroom_network as a Genesis Partner of Fang

• $SHROOM is included in our Genesis pools
• Shroom for tokenized stocks will help support Fang's tokenized equities as they focus on building liquidity for stock tokens
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Replying to @shroom_network
Tweets are not endorsements. Always ensure you’re doing sufficient due diligence. New protocols are risky.
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Yesterday SHROOM spent $4,757 from MU dividends, referral fees, and creator rewards to purchase 567,896 SHROOM.

Additional MU reflections and @fomo rewards will go to purchasing SHROOM. Volatility harvesting will continue until morale improves.
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SHROOM is now trading on @moonshot
The fastest way into Robinhood Chain just landed in your pocket.

• Make gasless trades
• Pay with Apple Pay
• Skip the bridge and wallet setup

Now live on Moonshot.
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Top 2 and SHROOM is not 2.
10 of the 37 new protocols had over $10k in holders revenue for September

4 of them distributed over $150k
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Shroom retweeted
$SHROOM is experimenting with a new way to capture arbitrage value through robinhood:0xb8fa8010833463aac5595b55b9045479239eff79

@0xcarnation says the team is testing a hook that lets @whatthehookv4 be the first and last to execute arbitrage within a pool

• Arbitrage that ternal traders gets captured by the hook
• Value is returned to liquidity providers
• WTH also takes a share of the captured value
• The goal is to keep fees low for traders while still making LPs profitable

“One of the things that we hope we will see in the future is if those types of hooks enable us to capture value.”

robinhood:0xb8fa8010833463aac5595b55b9045479239eff79 x $SHROOM
Today on MCG

$SHROOM | @shroom_network w/ @0xcarnation

SHROOM is a Robinhood Chain token that aims to act as a liquidity hub for tokenized stock tokens

Highlights:

00:09 - Shroom thesis
02:36 - Carnation's background
06:46 - Launched Sept 3rd on Pons
07:50 - Hub token, USD g's liquidity model
11:58 - Dashboard, MU rewards
13:00 - 1B supply, 10% in DeFi
14:06 - Deflationary burns
14:38 - Best pairs, meme-heavy
15:49 - Three value drivers
17:18 - Aggregate LP APY around 300%
18:14 - Core thesis, bet on Robinhood Chain volume
19:21 - $400K treasury
21:52 - How trade routing and fee tiers work
24:01 - Hooks explained, dynamic fees and burns
25:49 - Arbitrage capture hook
27:46 - Key integrations
31:36 - How to scale this?
36:09 - Tokenomics explained
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Shroom retweeted
Today on MCG

$SHROOM | @shroom_network w/ @0xcarnation

SHROOM is a Robinhood Chain token that aims to act as a liquidity hub for tokenized stock tokens

Highlights:

00:09 - Shroom thesis
02:36 - Carnation's background
06:46 - Launched Sept 3rd on Pons
07:50 - Hub token, USD g's liquidity model
11:58 - Dashboard, MU rewards
13:00 - 1B supply, 10% in DeFi
14:06 - Deflationary burns
14:38 - Best pairs, meme-heavy
15:49 - Three value drivers
17:18 - Aggregate LP APY around 300%
18:14 - Core thesis, bet on Robinhood Chain volume
19:21 - $400K treasury
21:52 - How trade routing and fee tiers work
24:01 - Hooks explained, dynamic fees and burns
25:49 - Arbitrage capture hook
27:46 - Key integrations
31:36 - How to scale this?
36:09 - Tokenomics explained
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Shroom mentioned!
who's shipping hooks on robinhood chain?
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His pairs: wack
His tokenomics: wack
His chain: wack
His launchpad: wack
The way that he builds liquidity: wack
The way that he don't even like to SHROOM: wack
Me, I'm SHROOM as fuck
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An MCD-SHROOM LP has been deployed
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Over 3M SHROOM black holed into Meridian
“that was fast.” on chain: meridian’s 15M gMCD conversion cap opened at 13:00:00 utc and was full at 13:00:46. 438 wallets, 13 tokens. 🍄

SHROOM was one of them. between conversions and 5% deposit fees, meridian’s treasury now holds 3.62M SHROOM.
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Shroom retweeted
Shroomonday everyone!

A couple of shroomfies have been working hard in the background to build out more connections

Here are some highlights 👇
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