Phases

Phase 1 — Product

Premium UI, full trade + USDG LP loop, board, callers, points, docs, markets API. Demo protocol on Robinhood Chain asset model.

Phase 2 — On-chain

Deploy vault and options markets on Robinhood Chain. Real USDG. Oracle-bound settlement. Wallet-first.

Phase 3 — Category lock

Deep chain board, RFQ liquidity, transferable position tokens, agent SDK, institutional API keys, compliance packaging. HoodOptions becomes the default meaning of “options on Robinhood stock tokens.”