Goldstein Group
SoonThe leverage desk on Robinhood

The onchain investment firm.

Every fund is one token, backed by what it holds. Earn on dollars, go 3× long or short ETH, or hold a basket an agent manages.

Index funds

Choose a mandate.

An agent manages each basket. One token is your share of it.

Operator · Ignatius AdeyemiModerate risk
gAIX

The eight companies leading AI.

  • NVIDIA logoNVDA15%
  • Microsoft logoMSFT13%
  • Alphabet logoGOOGL13%
  • Amazon logoAMZN13%
  • +4More46%
8 holdings
High risk
gHOOD

The top tokens on Robinhood Chain, in one token.

  • Pons logoPONS20%
  • Cash Cat logoCASHCAT20%
  • Artificial Inu logoAI18%
  • Orbio.so logoORBIO7%
  • +9More35%
13 holdings
  • Published rules
  • Visible holdings
  • Decision ledger
The collection

2,520 Seats. One firm.

Every Seat is an NFT and a desk at the firm. Its holder issues funds, earns from them, and rises from Intern to Partner.

  • Bea Leibowitz, Partner
  • Susie Wexler, VP
  • Omar Greenblatt, Analyst
  • Horace Roth, Partner
  • Bernie Mandel, Intern
  • Unit 401-K Mk.9, Associate
  • Carl Moskowitz, MD
  • Grizzle Perlman, Partner
  • Your SeatN° — / 2,520
  • Saul Rifkin, VP
  • Judy Varghese, Partner
  • Vince Varghese, Associate
  • Mei O’Rourke, Intern
  • Desmond Beaumont, Partner
  • Golda Vanderbloom, VP
  • Taurus O’Rourke, MD
  • Maxine Perlman, Partner
  • Marcus Frankel, Associate
  • Zora Okafor, Partner
  • Irving Greenblatt, MD
  • Rudy Lindqvist, Partner
  • Ingrid Hornberg, MD
  • Abe Oppenfeld, Partner
  • Tova Greenblatt, MD
  • Fee share on its funds
  • Salary in USDG
  • Rank up with $GLDSTN

Minting and rank staking are not live yet.

The leverage deskOpening soon

Traders lever up. Savers get paid. Same building.

Savings
gUSDG

Deposit dollars. Earn interest.

Deposit fee
None
Withdrawal fee
None
Yield from
Interest the funds pay
No Seat neededHow it works
Long
gETH3x

Three times ETH, held as real ETH.

Leverage
3×, held 2.5–3.5×
Borrows
USDG, gUSDG first
Supply
Mint-capped
Issued by a SeatHow it works
Short
gETH3xShort

Three times against ETH.

Leverage
3×, held 2.5–3.5×
Borrows
ETH, gETH first
Supply
Mint-capped
Issued by a SeatHow it works
  • No margin calls
  • No funding rate
  • Auto-rebalanced

Holding ETH?Deposit ETH into gETH and earn the interest the shorts pay.

Next on the deskNVIDIA logogNVDA3x, then a long and a short of every liquid token on Robinhood Chain.

How it balances

The house provides both sides.

The longs borrow from the dollar savers. The shorts borrow from the ETH savers. The interest pays them both.

  • Dollar saversgUSDG

    gUSDG lends USDG to gETH3x, which pays interest back to gUSDG.

    Long ETHgETH3x
  • ETH saversgETH

    gETH lends ETH to gETH3xShort, which pays interest back to gETH.

    Short ETHgETH3xShort
86%

Where a loan would be liquidated.

Each fund borrows on its own Morpho market at 86% loan-to-value. At 3× it sits near 67%, and the keeper holds it between 2.5× and 3.5×.

95%

Where the keeper de-levers.

If withdrawals push the lending market past 95% utilisation, the keeper pays down debt until it is back at 90%.

2×

Where minting closes.

Below 2×, no new tokens, so the fund stays what it says.

The fine print

Rates, rebalancing, mint caps, exits and the loss reserve.
6 rules
  1. 01The borrow rate is Morpho’s adaptive curve: it rises as the market fills, which draws new deposits in.
  2. 02When a vault is fully lent, the funds borrow the rest from outside lending markets, so leverage never waits on deposits.
  3. 03A keeper rebalances every fund: it unwinds as leverage drifts up and re-borrows as it drifts down. No margin calls, no funding rate.
  4. 04Each leveraged fund has a hard mint cap, sized to its asset’s liquidity on Robinhood Chain.
  5. 05A withdrawal queue exists only when a run outpaces the keeper’s de-lever. A gUSDG/USDG pool offers an instant exit, at a discount, for anyone who will not wait.
  6. 06A slice of all interest builds a loss reserve against a price gap that outruns the unwind. Losses follow a published waterfall.