u/HBAR_10_DOLLARS

Full recording available in their discord.

Claude summary:

Headlines

• Tokenized stocks are live. They launched last week through Sodax, a compliant provider. You can buy tokens for stocks like NVIDIA, Apple and Tesla, plus ETFs. The tokens track the price of the underlying asset but don’t give you actual shares or shareholder rights.
• SAUCE emissions cut in half. A recent tokenomics proposal halved the MasterChef emission rate. The goal is less inflation and, over time, a shrinking SAUCE supply.
• Perpetuals (perps) are close. The code is being audited by Halborn, which also audited V3. SaucerSwap Labs plans to open-source it after the audit. Because they’re a US company, they’re working with three law firms on a compliant launch. Peter's (Co-Founder, CEO) best guess is mid-November. Early on he said he’d be surprised if it came later than November; near the end he said he’d be surprised if it slipped into December.

SAUCE tokenomics (Joseph, Co-Founder, COO)

• Eligible revenue goes to BrewSaucer, which buys SAUCE on the market. That SAUCE is then split:
  • 40% to xSAUCE
  • 30% to the development fund
  • 10% burned
  • 20% to protocol-owned liquidity and the incentive reserve
• Revenue comes from the V1/V2 fee switch, V3 fees, and staking rewards on the HBAR held in the wrapped HBAR contract. That contract holds about 205M HBAR earning roughly 1.8% a year. The latest daily collection was about 10,400 HBAR, all of it used for SAUCE buybacks.
• SAUCE issuance doesn’t depend on trading volume. More trading means more buybacks, burns and rewards, not more new SAUCE.
• Perps fees, after the liquidity providers’ share, will go through their own BrewSaucer for buybacks, burns and rewards. xSAUCE holders will get fee discounts on perps positions, similar to V3.

How the stocks work

• A stock trade is an “intent”: you say what you’ll spend, which stock token you want, and the minimum you’ll accept. Independent solvers in the Sodax network fill the order, and the token lands in your Hedera wallet.
• The stocks are Robinhood stock tokens. Sonic is the hub chain that links the Hedera, Robinhood Chain and Stellar versions.
• Fees: there’s currently a 0.25% interface fee, and all of it goes to the development fund. None of it goes to xSAUCE or burns yet. That changes once SaucerSwap becomes a liquidity source for Sodax, at which point its fees would follow the BrewSaucer split above. That integration is planned but not live.
• Paying with other tokens: today you can only pay with HBAR or USDC. They don’t want a separate pool for every token, so they’re looking at routing through HBAR instead (for example SAUCE → HBAR → NVIDIA). There’s no date or promise yet.
• Earning from stocks: they plan to add pools like HBAR/NVIDIA so people can earn fees by providing liquidity.

Other Q&A

• AI agents: SaucerSwap’s docs now include an MCP server, a tool that lets AI agents look up how its contracts and APIs work. The use case they’re most interested in is agents that manage liquidity positions: checking whether you’re in range, tracking fees, and preparing transactions for you to approve. They expect more trading to come from agents finding SaucerSwap through its docs, and the team uses AI tools heavily in its own development.
• Team wallets: the team allocation finished vesting in July 2025. Four of the six original founders have fully sold out. Peter and Joseph still hold significant SAUCE and see it as a long-term holding. Grants and protocol revenue have cut how much SAUCE the company needs to sell to cover costs, and the relevant accounts are listed in the docs.
• Security: their contracts can’t be upgraded, but they do get replaced over time. Every new or replacement contract that holds user funds is audited before it goes on mainnet, which Peter called non-negotiable. They also keep reliance on outside protocols to a minimum.
• Robinhood Chain: Peter sees it as good for Web3 overall. What interests him is apps built around those assets, like using a stock token as loan collateral.
• CLPR cross-chain transfers: CLPR is announced but there’s nothing to integrate yet. They’re open to it if it ends up simple and secure.
• Burning LP tokens: V1 LP tokens are burned automatically when you withdraw. To lock liquidity for good, send the LP tokens to a burn address like 0x…dead. A third-party locker such as DaVinci is the option if you want conditions like an unlock date.
• Team: the team works remotely across the US, Canada and Europe. They last met in person at HederaCon in Miami. Morale is high despite a rough altcoin market. A developer update came out yesterday, with a promise of more frequent and transparent updates. The mobile app is expected to get the stocks too.

Fresh interview with Nadine Chakar:

https://x.com/EricBalchunas/status/2077789853647765816?s=20

Ask AI: What are the connetions between Nadine Chakar and Hedera?

The primary connections between Nadine Chakar, the DTCC, and Hedera are structured around the following key pillars:

🏢 Linux Foundation Decentralized Trust (LFDT) Governance

• Shared Oversight: The Depository Trust and Clearing Corporation (DTCC) and Hedera are both founding members of the Linux Foundation Decentralized Trust (LFDT).
• Codebase Control: Joanna Powell, the Managing Director of Technology, Research, and Innovation at DTCC, serves as the Governing Board Chair of LFDT. This means DTCC has direct governance and oversight over Project Hiero, which is the open-source codebase powering Hedera.

🎤 Keynote Speaker at HederaCon

• Industry Insights: Chakar was featured as a premier speaker at HederaCon, where she laid out her vision for institutional tokenization infrastructure alongside other major web3 and financial leaders.
• Multi-Chain Vision: During her panels, Chakar highlighted that the tokenization transition will not rely on a single network, but will require an aggregation of interoperable layer-1 and layer-2 protocols, explicitly pointing to networks like Hedera as part of this evolving multi-chain strategy.

🛠️ Legacy Securrency & Asset Tokenization Studio Ties

• Acquisition Background: Prior to joining the DTCC, Chakar served as the Chief Executive Officer of Securrency, an institutional-grade digital asset infrastructure company.
• Hedera Partnership: While Chakar was navigating its growth, Securrency collaborated heavily with Hedera. They specifically worked together to develop the Asset Tokenization Studio, an open-source toolkit designed to help institutions configure and issue compliance-bound digital assets natively on the Hedera network. In October 2023, DTCC acquired Securrency and rebranded it into Chakar’s current division, DTCC Digital Assets.

🤝 Multi-Chain & Ownera Integration

• SuperApp Ecosystem: The infrastructure driving DTCC's digital efforts relies heavily on Ownera, a prominent institutional router network.
• Financial Sandboxes: Hedera has long been integrated into Ownera's unified architecture. Ownera frequently leverages Hedera’s high-speed, fair-ordering system alongside Ethereum to run institutional sandboxes, such as tokenized money market fund pilots.