Nail your edge. Get grubstaked. Split the claim.

Prospectors nail terms to the board. Backers borrow USDG on Longbow against their own Stock Tokens and stake the claim. The Book inks who earns the next invite.

sunlit wooden trading-post board covered in overlapping ink request posters, nailed and torn at the corners

Live board — open requests

OPEN

0x7a2f…3a5f

5,200 USDG · 14d · split 70/30

AAPL earnings beat priced too low into next week — nailed the size to press it.

OPEN

0x44b6…e0f2

1,800 USDG · 7d · split 60/40

Robinhood's own Stock Token trades under NAV by 3% most sessions — mean reversion play.

OPEN

0x12d4…e8f0

3,400 USDG · 10d · split 65/35

NVDA options flow says one more leg up before the split — back this play early.

OPEN

0x1eaf…1a2b

900 USDG · 5d · split 55/45

Chain's new launchpad activity is dragging fees up on a thin order book, short squeeze setup.

OPEN

0x9f0e…8d7c

6,100 USDG · 21d · split 72/28

Quarterly rebalancing on the index Stock Tokens creates a predictable flow window.

OPEN

0xbeef…0123

2,500 USDG · 12d · split 58/42

GME chatter picked back up on socials, Stock Token spread hasn't moved with it yet.

OPEN

0x51c8…e4c6

1,200 USDG · 7d · split 60/40

USDG basis trade against the bridged stable is wider than it should be this week.

OPEN

0x6a1b…b2c3

4,300 USDG · 18d · split 68/32

MSTR correlation to BTC broke down for two sessions — pairs trade, tight stop.

OPEN

0xcafe…def1

750 USDG · 4d · split 55/45

Small-cap Stock Token rotation out of COIN into SOFI, thesis holds for the term.

OPEN

0xf00d…bcde

8,800 USDG · 30d · split 75/25

Earnings season mispricing on regional banks' Stock Tokens — the chart says it clears in ten days.

Nail a grubstake request

size · term · split · thesis

simulated

The Board

Longbow Makes It Real

Backers borrow USDG against collateral sitting in their own wallet. The stake travels straight to the prospector. The chain is the only middleman.

Verified: Longbow is a live curated lending protocol on Robinhood Chain (DefiLlama, Lending category). Source

Open Longbow ↗

reported · Live now

Longbow

Live trend — no single date

Observed live in the latest scan across 1 source(s).

Sources

leather pouch stamped with stock tickers spilling tokenized equity certificates

How a claim gets nailed, staked and split

01 · post-request

A prospector nails size, term and split to the board — no capital of their own, just an edge worth backing. The card sits out in the open, parchment and all, until someone decides to back their play.

02 · stake

A backer opens the request and borrows USDG straight from Longbow, against Stock Tokens already sitting in their own wallet — never ours. The stake moves wallet to wallet; we only watch it land and nail the terms down.

03 · trade

The clock starts the second the stake lands. Both sides watch the position run its term in the open — no lockup, no product custody, just the thesis playing out where anyone holding the link can see it.

04 · settle

When the term's up, the analyst stamps the split: PAID, WALKED or PARTIAL. The Book inks it permanently against both wallets — your edge is only as good as your last settlement, and everyone can read it.

How the borrow actually works

Why we never touch the money

GRUBSTAKE doesn't hold a cent, and it never has. When a backer stakes a claim, they open their own position on Longbow — a Morpho Blue market running live on Robinhood Chain — and borrow USDG against Stock Tokens already sitting in their wallet. That borrow draws on the backer's own collateral, not ours; the loan is theirs, up to whatever the market's loan-to-value cap allows that day.

The borrowed USDG goes straight to the prospector's wallet, chain to chain. We never route it, never hold it, never touch it. What we do is nail down the terms that matter: size, term, split, and the two wallets on either side of the claim, so the record exists before a dollar moves.

At term's end, the settlement is self-reported: the analyst stamps PAID, WALKED or PARTIAL, and that stamp goes into the Book permanently, against both wallets. There's no escrow forcing the split and no product guarantee behind it — the public record is the only enforcement there is, and it follows a wallet into every claim it stakes next.

That's the trade-off, plainly stated: no custody, no recourse, no invented numbers on this page — just a public ledger of who backed their play and who walked. Read it before you back anyone twice.

Verified: Longbow is a live curated lending protocol on Robinhood Chain (DefiLlama, Lending category). Source

open leather ledger with fresh ink entries for recent splits

The Book

Every settlement is inked in permanent record. Watch who gets invited back for bigger stakes next season.

Analyst	Backer	Size (USDG)	Term	Split	Stamp	Settled
0x7a2f…3a5f	0x88ee…90a1	4,800	14d	70/30	PAID	3d 2h ago
0x7a2f…3a5f	0x02af…c4e6	3,200	10d	68/32	PAID	19d 3h ago
0x7a2f…3a5f	0x9c1b…c5e7	2,600	7d	70/30	PAID	32d 3h ago
0x7a2f…3a5f	0x7f2d…c6e8	1,900	9d	65/35	WALKED	46d 3h ago
0x51c8…e4c6	0x88ee…90a1	1,500	7d	60/40	PAID	6d 3h ago
0x51c8…e4c6	0x3e5c…e9f1	1,100	5d	58/42	PAID	29d 3h ago
0x51c8…e4c6	0x02af…c4e6	900	6d	62/38	PAID	44d 3h ago
0x12d4…e8f0	0x9c1b…c5e7	3,000	12d	65/35	PAID	36d 3h ago
0x12d4…e8f0	0xde12…2345	2,400	10d	63/37	PARTIAL	60d 3h ago
0x33b5…c9e1	0x7f2d…c6e8	2,100	9d	62/38	PAID	18d 3h ago
0x33b5…c9e1	0x88ee…90a1	1,700	8d	60/40	PAID	36d 3h ago
0x33b5…c9e1	0x3e5c…e9f1	2,600	12d	64/36	WALKED	53d 3h ago

simulated

See who gets invited back ↓ Read the full Book →

Reputation

The book remembers who gets invited back

18 of 25 settlements across the Book came back PAID — 72% and every stamp is permanent. Walk once and it follows the wallet to the next request.

A wallet with a clean PAID record gets backed again, at bigger size, next time it posts.

0x5a7c…1d3a

5 of 5 paid · 100%

0x51c8…e4c6

3 of 3 paid · 100%

0x9f0e…8d7c

1 of 1 paid · 100%

0xdead…deef

1 of 1 paid · 100%

0x7a2f…3a5f

3 of 4 paid · 75%

0x33b5…c9e1

2 of 3 paid · 67%

0x12d4…e8f0

1 of 2 paid · 50%

0x2468…4680

2 of 4 paid · 50%

0xbadc…abcd

0 of 1 paid · 0%

0x6a1b…b2c3

0 of 1 paid · 0%

simulated

Post on X

gold dust being weighed on old scales next to a signed split paper

Settlement

Divide the claim, in the open

At term end the analyst stamps PAID, WALKED or PARTIAL — permanently, against both wallets. No product custody, no enforcement guarantee: the record is self-reported and public, that is the whole point. There is no escrow behind the stamp and no product recourse if someone walks — the public record, carried on the wallet, is the only consequence built into GRUBSTAKE.

two hands shaking over a signed split document

Sources and limits

Questions a backer actually asks

What is a grubstake?

A public ask: size, term and split, backed by one named backer's own capital. It's nailed to the board with the prospector's thesis attached, so anyone sizing it up can see exactly what they'd be backing.

What does Longbow do?

Longbow lets a backer borrow USDG against their own Stock Tokens on a live Morpho Blue market — the stake, funded without selling their position. The collateral never leaves the backer's wallet; only the borrow moves.

What if the analyst walks?

The Book stamps WALKED, permanently, against that wallet. There's no recourse and no product enforcement — the record is the whole consequence, and it travels with that wallet to every request after.

Is this custodial?

No. We never hold funds, ever. The borrow and the stake move wallet to wallet over Longbow; we only record the ask and the settlement stamp once both sides agree it happened.

Where does the settled money actually go?

Straight from the backer's wallet to the analyst's, over Longbow. We never see it move — we just watch the chain and write down what happened, same as anyone else could.

What's a Stock Token got to do with it?

It's the backer's collateral. Longbow lets them borrow USDG against Stock Tokens they already hold, so the stake never touches their underlying position — only the borrowed amount goes out.

Can a prospector fake their edge?

Nothing stops a bad thesis from getting staked once. But every settlement — good or bad — sticks to that wallet permanently, so the Book remembers who's worth backing twice and who isn't.

Why not just hold the funds yourselves?

Because then we'd be the counterparty, and this isn't a fund. Grubstaking is one wallet backing another's play directly over Longbow — we just nail the terms to the board and record what happened after.

Nail your edge to the board

One claim, one thesis, one name on the record. The Book only remembers what actually gets nailed up.