$DEVS - the first memecoin that pays holders in tokenized Microsoft stock. Live on Robinhood Chain, $114k MC.
**CA: 0x80Db362eAB104Ec378E19D0a3dCD5E84Bafd4bA3** (Robinhood Chain, Uniswap v4)
Launched a few hours ago via Bankr by @AtownBrown. Ticker is Ballmer screaming DEVELOPERS DEVELOPERS DEVELOPERS, so you already know the vibe. But the mechanic is the part that made me actually look.
**It is not paired against ETH. It is paired against tokenized MSFT.**
Robinhood Chain lets you deploy paired against real tokenized equities. Bankr confirmed the menu: WETH, MSFT, AAPL, NVDA, TSLA on Robinhood Chain. Somebody finally used it on a memecoin.
**What that means for holders**
Every single buy and sell drips LP fees denominated in Microsoft stock, not in ETH and not in the meme. Dev's stated policy:
* 90% of all earned $MSFT airdropped to $DEVS holders, proportional to your bag
* 90% of all earned $DEVS paid out to whoever spreads the meme
So the jeets funding your exit are also buying you equity on the way out. A memecoin with a dividend policy is a genuinely new thing.
**Numbers right now**
* Market cap: \~$114k
* Liquidity: \~$67k
* Volume, first 6 hours: \~$729k
* \+696% on the 6h, and already -49% off the top on the 1h
First candle is over. This is a nano cap doing nano cap things, priced accordingly.
**The weird part nobody has mentioned**
Because it is quoted in MSFT, your USD price is (price in MSFT) x (MSFT price). If Microsoft moves, your bag marks up or down with zero trades in the token. And tokenized MSFT trades 24/7 while the real market is shut, so Monday's open gap prices straight into a Ballmer coin over the weekend.
You are holding a directional Microsoft position you did not choose. That cuts both ways and I have not seen anyone price it in.
**Risks, straight up**
* There are already 6 copycat DEVS tokens on the same chain sitting on $9k to $42k of liquidity waiting for a paste error. Check the CA against the one above, twice.
NFA, DYOR.
Genuine question for the room since I cannot find a precedent: has anyone seen a token paired against a real equity before this?