Every token here can be burned for what stands behind it.
Silo is a marketplace for NFTs backed by baskets of tokenized stocks and ETH, held in on-chain vaults. Burn a token and the vault pays out your share. When a token trades under its redemption value, anyone can buy it, burn it, and keep the difference — in one transaction.
The contracts are being deployed to Robinhood Chain. Collections, the market and portfolios go live the moment they land.
How it works
Buy a token
Mint from an open collection or buy one on the market. It works like any other NFT, with one difference: it carries a redeemable claim on the vault.
The vault holds the backing
Mint proceeds stay in the contract, and creators add tokenized stocks or ETH on top. Every balance is visible on chain at any time.
Redeem whenever you want
Burning a token pays out its share of everything in the vault. Redemption reads raw balances, not prices, so it works even when feeds are down.