dDRIP

Dividend-only funds · Robinhood Chain

Own the dividends.
Skip the stock.

A DRIP basket is a fixed bundle of PARE yield tokens, one per stock, all expiring on the same day. Hold a theme of dividend rights as a single token. No manager, no oracle, no fee: shares are minted and redeemed in kind, so the basket can never drift from what it holds.

How a share is built

  1. 01 Split a stock token at PARE → PT + YT
  2. 02 Sell the PT, keep the YT (the zap does both)
  3. 03 Deposit YTs in basket ratio, receive shares
  4. 04 At maturity the basket collects every dividend in stock tokens

Exit any time: redeem YTs, sell them, or buy the matching PT and merge back into the stock. The merge path never depends on the PARE team.

[01]

Baskets

pre-launch · these are the launch baskets, priced from live PARE pools. Minting opens when the contracts deploy to Robinhood Chain.

reading chain…

[02]

Live PARE series

all mature 2027-03-26 · 0.56 y

reading chain…

Implied drip = YT pool price as a fraction of one share, annualized over the remaining term. Pools are seeded by PARE and thin; treat prices as indicative.

[03]

Waiting on PARE

These canonical Robinhood tokens pay real dividends but have no PARE series yet. Each one that lists becomes a leg the factory can use. KO and JPM are not on Robinhood Chain at all.

PFE ~6.5% yieldXOM ~3.5% yieldJNJ ~3.0% yieldIBM ~3.0% yieldCSCO ~2.5% yieldMSFT ~0.7% yieldAAPL liveSPY liveSCHD live