Long.xyz launches LONG 500 with a 5 percent trading fee for new stock pairings.
Long.xyz announced LONG 500 on September 26, according to BlockBeats, creating a financial layer for on-chain stock communities and directing 5% of fees from newly launched stock-pairing pools into a Meme Coin AI Reserve. The platform, described as a Robinhood Chain meme coin issuance platform for stock-linked tokens, said the initiative aims to build a community-held diversified reserve on Robinhood Chain and to act as a Standard & Poor's 500-style benchmark for tokenized stocks.
Fee flow and buyback mechanism
LONG currently supports more than 70 tokenized stocks. Under the new mechanism, each new stock-pairing trading pool sends part of the stock token fees directly to the Meme Coin AI Community Treasury. Of the fees generated by new stock-pairing pools, 5% enters the AI reserve, while another 5% is used to buy back and burn the token paired with the stock. The buyback can be triggered by anyone at any time.
The announcement said the existing automatic reinvestment mechanism for liquidity pool yield will continue, and creator fees remain unchanged.
Community links and future upgrades
The structure is intended to give AI holders a way to access and support new stock communities, while project creators can connect to existing AI communities and their users. Long.xyz also said LONG plans to upgrade community treasury features and add new functionality for all previously listed trading pairs.
The next point to watch is how the reserve and buyback channels affect participation across new and existing stock-pairing pools on Robinhood Chain.
Risk Warning
This article is a summary of publicly available information and does not constitute investment advice. Crypto assets, including tokenized stocks, meme coins, and assets linked to Robinhood Chain, can be highly volatile and may lose value rapidly. Fee mechanisms, buybacks, burn programs, and community reserves may change or fail to produce expected results. Readers should independently verify details, understand technical and market risks, and make decisions based on their own research and risk tolerance.
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