Baskets, explained

A basket is a portfolio in a single token. When you put $500 into a basket of eight stocks, you own a proportional slice of all eight: one balance, one line in your portfolio, professionally maintained.

What's inside a basket: tokenized US stocks and funds available on Robinhood Chain (each is a token fully backed by exposure to the real security), plus a cash portion held in USDG (a regulated dollar-backed stablecoin). Every basket page shows the exact contents and weights, updated live.

Who runs it: a strategist; their name, track record, and fee are on the basket page. Strategists decide the what (target portfolio); Velor's execution engine does the how (actual trading), inside the basket's rules. Strategists never touch the money.

What it costs: no management fee at launch (0%). A performance fee of 20% applies only to gains above the basket's all-time high: if the basket hasn't set a new high, you pay nothing on performance, and it's charged weekly. That's it — no hidden spreads. The one other cost is the real cost of trading (the spread and price impact of the basket's own orders), which lands in the price your order executes at, exactly as it does for any fund; we measure it and publish our execution quality.

A detail worth knowing (dividends): when a stock in your basket pays a dividend, it's automatically reinvested. You'll see this as the token's value drifting slightly above the raw share price over time. Your basket doesn't just track prices; it tracks total return.