Simple Farmer sketched a pre-crypto life that ran from hosting concerts in his home country of Bosnia and Herzegovina and running a bar, to work with Amazon after immigrating to the United States as a refugee at a very young age. In crypto, he said he became the number one options trader on Arbitrum One for an extended period, then served as head of DeFi and development at ApeChain, carrying a community of at least a couple of hundred people from his Yumi project onto the STONKBROKER ecosystem.
With NFTs running about $25,000 each, activating one requires burning tokens equal to 10% of its value, roughly $2,500, a toll the founder calls the fuel for deflation. Supply started at 3 billion tokens and now sits under 2.5 billion, with more than 500 million burned and 800 of the 4,444 NFTs permanently locked on the NFT side of the Anvil AMM bridge because not enough tokens remain to cross back. The protocol takes a 30% fee on the bridge process to fund operations, and Simple Farmer stressed there is no treasury and no lock tokens waiting to unlock in five years.
Simple Farmer said the rewards pool for NFT holders is getting close to $700,000 since the July 19 launch, 23 or 24 days before the taping, with the largest single holder having earned over $22,000 to $23,000. Two special projects have already launched, DERP, which creates verifiable random numbers for on-chain games of chance, and Mancer (as-transcribed: 'Nancer'/'Manster'), a DeFi aggregator still in pre-launch, with four projects slated to launch within roughly 96 hours. He also revealed a strategic position in the UP V-DEX equal to half of its circulating supply, and noted the token nearly touched a $100 million fully diluted valuation on the day of the show.
Asked about the flood of V4 pool tokens on Robinhood Chain, Simple Farmer called V4 hooks 'a brick, or a piece of the house', a red flag whenever a team leads with the mechanism instead of what it actually does. A V4 token is simply an ERC-20 deployed into a V4 pool, he said, noting that even Bitcoin could be deposited into a Uniswap V4 pool with no hook functionality at all. His own roadmap includes a decentralized options exchange that uses hooks to let liquidity providers sell covered calls on stock tokens such as Nvidia while earning LP fees at the same time.
Simple Farmer said he feels comfortable building on Robinhood Chain, calling the ecosystem's builder-driven economy a revenue source to the tune of $3 million last month for the chain and describing the company's on-ramp and off-ramp ambitions as the most bullish development in crypto in four years. He pointed to Cashcat as the first Robinhood Chain token to graduate to the exchange, and said the team has reached out to him with a simple 'how can I help?' For US residents currently locked out of stock-token rewards, he floated a special project that could bring Tether Gold (XAUT) onto the chain as an alternative distribution.
On safety, the founder pushed liquidity lockers and safety deposit boxes, noting that tokens using them get the lock symbol on DEX screens, and advised new traders to paste contract addresses into ChatGPT when they are unsure. He said clones of STONKBROKER have appeared roughly a hundred times in the past two weeks, and that distribution, not code, is the moat: teams that buy top-banner ads on DEX screens for $4,000 to $5,000 are flashing top signals that they are trying too hard, while the best builders post about two quality tweets a day before their algorithm engagement starts to fade. He also teased a meme coin launcher powered by verifiable random numbers, so winning tokens are chosen by randomness rather than KOLs.