The reserve currency in DeFi’s favorite pink
uOHM is an OHM-style reserve protocol launching on pools.trade, Uniswap's new launchpad on Robinhood Chain. Holders stake to compound their balance every epoch, or bond to buy $uOHM below market price while growing the protocol treasury. Mechanically it is the design OHM pioneered — rebuilt under the unicorn, in the pink that built DeFi.
The protocol has three moving parts, and every page of the app maps to one of them:
- Stake — lock $uOHM, receive suOHM, and watch the balance rebase upward every epoch, automatically.
- Bond — sell ETH, liquidity, or USDC to the protocol for discounted $uOHM that vests over days. Bond payments are what fill the treasury.
- Treasury — the pool of assets the protocol tracks as backing. It is what puts a floor of stated value behind the token.
Why the unicorn
Uniswap's unicorn and its pink are the most recognizable brand in DeFi — and with pools.trade, Uniswap brought a launchpad to Robinhood Chain. uOHM is the reserve currency for that moment: the classic (3,3) design, launched where the unicorn lives, in the color everyone already knows. $uOHM, staked, becomes suOHM; bonds fill a treasury; the treasury backs the token.
Honesty is still the brand here. The (3,3) reserve design pays "yield" in emissions, not revenue, and depends on inflows to sustain the dashboard. Everything below explains exactly how the machine works, so that riding the unicorn is a fully informed choice.
$uOHM is a game. Do not put in money you want back. Nothing here is yield, investment, or advice, and no return is promised — the model cannot promise one. Not affiliated with Uniswap Labs or Robinhood.
The (3,3) game
(3,3) is the game-theory shorthand OHM made famous. Model the protocol as a two-player game where each player can either stake or sell, and score the outcomes:
If everyone stakes, supply comes off the market, the treasury keeps compounding, and both players capture the maximum payoff — (3,3). If everyone sells, both eat the downside — (-3,-3). Staking looks like the dominant cooperative strategy, which is why "(3,3)" became the handshake.
The matrix scores a single simultaneous round. Real markets are sequential, and in a sequential version the first defector scores best of all. "If everyone stakes, everyone wins" and "whoever sells first wins" are both true, and that unresolved tension is the whole risk. Nobody ever engineered it away. See Risks.
Staking
Staking is the primary strategy. You deposit $uOHM and receive suOHM 1:1 at the current index. From that moment your suOHM balance rebases up every epoch — no claiming, no re-staking. Compounding is automatic and continuous. Note precisely what grows: your token count. Whether that is worth more depends entirely on price, which the rebase does nothing to support.
Rebases & epochs
An epoch is the protocol's heartbeat: every 5 minutes, a rebase fires and every staked balance grows by the per-epoch reward rate. The dashboard's Next Rebase tile counts down live, and the epoch number ticks up each time. Your share of the pool never changes from a rebase; the whole pool inflates together.
The index & suOHM
The current index tracks cumulative rebase growth since epoch 0. It starts at 1.0 and compounds by the reward rate every epoch. Your position is stored as a fixed number of underlying units; your visible suOHM balance is those units times the index:
Because the index only ever multiplies upward, it is a number that can only go up — which is exactly why it is a poor proxy for whether you are making money. The index rising and your position gaining value are two different events that fork markets routinely confuse on purpose.
APY math
The headline APY is the annualized result of compounding the per-epoch rate across a year. With a 5-minute epoch there are 105,192 rebases per year:
A 50,000% APY means the supply held by stakers grows 500× in a year. That is the emission rate of the token, printed as if it were a return. It is not fixed, not guaranteed, and paying it requires the supply to balloon — which is the opposite of scarcity. The calculator projects tokens; it cannot project price, and it will never tell you the price fell faster than the count rose. That case is the normal one.
Bonding
Bonding is the supply mechanism and the treasury's only source of growth. Instead of buying $uOHM on the market, you sell assets to the protocol and receive $uOHM at a discount, in exchange for a short vest. Every bond payment goes into the treasury. This is the one part of the design that is straightforwardly honest: real assets in, backing goes up.
Markets & discounts
| Market | Discount | Vest | What it gives the treasury |
|---|---|---|---|
| ETH | 6.5% | 5 days | Hard reserve asset |
| uOHM-ETH LP | 13.0% | 5 days | Protocol-owned liquidity the treasury controls |
| USDC | 4.0% | 5 days | Stable reserve backing |
Vesting & claiming
Bond payouts vest linearly over 5 days — at any moment you can claim exactly the vested fraction. The Bond page tracks each active bond with a progress bar and a live claimable amount. Two buttons:
- Claim — move vested $uOHM to your wallet balance.
- Claim & Stake — claim and stake in one motion. The (3,3) move.
Treasury & backing
The treasury is the protocol's balance sheet: every bond payment accumulates there. It does two jobs:
- Funds emissions. Rewards are paid from a finite reserve. The Runway metric shows how many days the treasury can sustain current emissions — it lengthens as bonds fill it and shortens as more supply stakes.
- Backs the token. Backing per token = treasury ÷ circulating supply. It is a stated floor, not a peg and not a promise — price trades below backing all the time.
Metrics glossary
| Metric | Definition |
|---|---|
| APY | Annualized token-count growth at the current per-rebase rate, compounded across 105,192 epochs/year. A dilution rate. Variable. |
| Treasury Balance | Value the ledger tracks as protocol-owned, accumulated from bond sales. |
| Next Rebase | Live countdown to the next epoch (every 5 minutes). |
| $uOHM Price | Reference price per token; drives market cap and bond pricing. |
| Total Staked | All suOHM currently staking, with the % of circulating supply it represents. |
| Current Index | Cumulative rebase growth since epoch 0 — a number that only goes up. |
| Runway | Days the treasury can fund current emissions if nothing else changes. |
| Backing | Treasury value ÷ circulating supply — the stated asset floor per token. |
The $uOHM token
| Property | Value |
|---|---|
| Ticker | $uOHM |
| Staked form | suOHM (rebasing, in the ledger) |
| Launchpad | pools.trade · Uniswap's launchpad |
| Chain | Robinhood Chain (EVM — 0x addresses) |
| Supply | Fixed at launch |
| Contract address | Published on the app's CA bar at launch |
When the token goes live on pools.trade, the contract address appears in the app with a one-click copy button. Anything not shown there is not the token — verify the CA against the app before you buy anything.
What is real and what is simulated
This is the section every other fork should have written and didn't. uOHM is deliberately unambiguous about which parts touch a blockchain:
- Real: the $uOHM token itself. It is a standard fixed-supply token launched via pools.trade on Robinhood Chain. You can buy and sell it. That is the only on-chain object in this project.
- Simulated: everything else. Staking, suOHM, rebases, the index, bonds, vesting, the treasury and every APY figure live in an off-chain ledger keyed to your wallet address. Because the supply is fixed at launch, there is no mint authority — the protocol literally cannot emit new tokens on-chain, so the rebase is a number in a database, by necessity.
- No custody, ever. The app reads your 0x address. It never asks you to sign, approve, or deposit. It cannot drain a wallet it never touches. "Bonding" moves no real ETH; it credits the simulation.
The rebase engine is exact: the index catches up deterministically across any gap, so the same (1 + rate)^n produces the same number for everyone. It is honest arithmetic on an admittedly fictional quantity.
Don't take our word for any of it. The whole protocol is about 100 lines of dependency-free Node in one file — read the source and check every claim on this page yourself. There is no contract call in it, because there is no contract. A protocol that asks for your trust and won't show you the code has told you something.
The token is real; the yield machine is a playable simulation of one; and uOHM is the only place that puts that sentence in the docs instead of hoping you never ask.
Risks & honest answers
Reserve protocols print spectacular numbers. Here is the quiet part, out loud:
- High APY is a dilution schedule, not income. Your token count grows; the value of each token depends entirely on the market. Every OHM fork's APY decayed, and most of the tokens went to near zero. Assume this one does too.
- Backing is a stated floor, not a peg. Price trades below backing in stress. Nothing buys back at any level.
- (3,3) is a coordination story with a known ending. OHM reached ~$4B and fell ~99%. Wonderland reached ~$2B and unwound amid the 0xSifu revelation. The design is the same one you are looking at.
- The rewards need new buyers. That is the resemblance the name points at. When inflows stop, the numbers on the dashboard stop meaning anything a seller can realize.
- It is a game you can lose money on. The pink is real; so is the downside. Liking the unicorn is not a hedge.
FAQ
Is this affiliated with Uniswap?
No. uOHM is an independent community project themed after the unicorn and launched through pools.trade, Uniswap's launchpad on Robinhood Chain. The staking/bond/treasury machinery is a simulation — an off-chain ledger that holds no funds. The one real thing is a fixed-supply token named $uOHM.
Do I need to claim my staking rewards?
No. Rebases compound into your suOHM balance automatically, every epoch. The only claiming is for bond payouts as they vest.
Can I unstake at any time?
Yes — instantly, in the ledger, 1:1 at the current index, no cooldown, no fee.
Where does the yield come from?
There is no yield. There is an emission schedule funded by a simulated treasury that bonds fill. No lending desk, no strategy, no external revenue — just the reserve, the schedule, and the runway number telling you how long the story lasts.
Which wallet do I use?
Any EVM wallet — MetaMask, Rabby, or any injected 0x provider. Hit Connect Wallet; the app only reads your address and never asks you to sign anything.
When is the token live?
The contract address appears in the app the moment $uOHM launches on pools.trade, with a copy button. Follow uOHMRH for the announcement, and trust only the CA shown in the app.
Stake $uOHM. Earn the rebase. Ride the unicorn. — open the app