Triple Backed is a fixed-supply token on Robinhood Chain. Every trade pays a 3% fee, which buys $BACKED and $BACKEDD directly from the market and pays them out directly to holders' wallets on a recurring cycle — nothing sits in a vault waiting to be claimed.
Live data connects once contract read functions are confirmed — see note below.
No off-chain promises. Fees convert into real assets and go straight to holders — nothing pools or sits idle.
A 3% fee on buys and sells of $BACKEDDD is collected automatically on every trade.
75% of the collected fee buys $BACKED from the open market. 25% buys $BACKEDD.
Both assets are distributed pro rata directly to $BACKEDDD holders' wallets — no claim needed, nothing to redeem, nothing left behind.
There is no vault and no claim button. Backed's basket infrastructure buys the underlying assets and sends them straight to holders' wallets, on a schedule.
"Every 6 hours" is a target, not a guarantee — it depends on enough fees having accumulated and network conditions cooperating. Redemption remains available anytime regardless of the distribution schedule.
Every part of the mechanism above is enforced by code, not by us.
No synthetic exposure, no vault — real tokens, sent straight to holder wallets, verifiable on-chain.
Triple Backed's pool is paired against these assets, keeping pricing closely tied to what it actually holds.
Read the tax and distribution logic yourself on the block explorer.
No function exists to create new tokens after launch.
Trades execute directly against the pool — no external site needed.