> For the complete documentation index, see [llms.txt](https://hoodstrategy.gitbook.io/hoodstrategy/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://hoodstrategy.gitbook.io/hoodstrategy/readme.md).
# Hold. Earn. Repeat.
The first strategy token that accumulates real tokenized Robinhood stock and pays it to holders.
HoodStrategy turns trading activity on its own token, $HOODSTR, into an accumulation of real exposure to Robinhood stock, automatically paid out to everyone who holds the token.
You hold **$HOODSTR**. The protocol buys tokenized Robinhood stock (**HOODX**) for you. You claim it whenever you want.
***
## The thesis
Most tokens do nothing. They rise and fall on speculation alone and never produce anything tangible for the people who hold them. HoodStrategy inverts that logic.
Every buy and every sell of $HOODSTR pays a **5% tax**. That tax is automatically converted into **HOODX** tokenized Robinhood stock, backed 1:1 by real shares held in custody and the HOODX is distributed to all $HOODSTR holders, pro rata to their holdings.
The result is a **flywheel**: more volume means more Robinhood stock bought, which means more paid out to holders, which attracts more participants. Everything happens **on-chain, automatically, and verifiably**, powered by Uniswap v4.
{% hint style="info" %}
**New here?** Start with [Overview](/hoodstrategy/readme/overview.md) for the fastest mental model, then read [How It Works](/hoodstrategy/how-it-works.md) for the mechanics.
{% endhint %}
***
## Three pillars
**A real asset.** The protocol doesn't accumulate an abstract token it accumulates HOODX, backed by real Robinhood shares held in custody. Tangible exposure, not a promise.
**A trustless mechanic.** Tax collection, the HOOD purchase, and distribution all happen in a single on-chain transaction, using Uniswap v4 hooks. No mandatory central bot, no manual step inside the loop.
**Full transparency.** 100% on-chain treasury, verified contracts, locked ownership, a hard-capped tax, and a public real-time dashboard. Every dollar of stock bought is verifiable on-chain.
***
## At a glance
| | |
| ----------- | ------------------------------------- |
| Token | **$HOODSTR** |
| Reward | **HOODX** (tokenized Robinhood stock) |
| DEX | Uniswap v4 |
| Tax | 5% buy / 5% sell |
| What you do | Hold. Everything else is automatic. |
***
---
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