Wanted · war chestOpen
SGOV
Tokenized T-bills
5.8%discount
Vesting15 watches · 5 days
Bond price$29.60
Capacity62%
Paid in WOOD on full vest
WOOD price
$38.11
up 2.4% · 24h
Backing / WOOD
$31.42
up 0.6% · 24h
Premium
1.21×
price ÷ backing · +21.3%
Treasury
$4.21M
up 1.9% · 7d
Price vs. backing
Below the band
The treasury bids with reserves — buying WOOD under backing.
Inside the band
Price roams free. Premium is opinion; backing is fact.
Above the band
The treasury sells into strength, banking new reserves.
Recent activity
Floor defended
Treasury repurchased under backing
4,210 WOOD
Bond filled — SGOV
2 hours ago
+$48,200
Rebase #1,204
Staking reward · 6 hours ago
+0.23%
Bond opened — tTSLA
7.1% discount · 9 hours ago
open
Treasury rebalanced
+590 tSPY · 1 day ago
+$330K
Treasury net assets · live
$4,209,813
Backing / WOOD
$31.42
WOOD outstanding
133,985
Allocation
SGOV 41.0%
USDG 22.0%
WOOD∕USDG 17.1%
tSPY 7.8%
tTSLA 7.0%
tAAPL 5.1%
Proof of reserve
| Asset | Holdings | uiMultiplier | Value | Share |
|---|---|---|---|---|
| SGOVTokenized 0–3mo T-bills | 17,150 sh | 1.00095752 | $1,726,489 | 41.0% |
| USDGReserve stablecoin | 926,014 | — | $926,014 | 22.0% |
| WOOD∕USDGProtocol-owned liquidity · v4 | 1.9M LP | — | $719,900 | 17.1% |
| tSPYS&P 500 ETF | 590 sh | 1.00000000 | $330,400 | 7.8% |
| tTSLATesla, Inc. | 890 sh | 1.00000000 | $292,810 | 7.0% |
| tAAPLApple Inc. | 1,020 sh | 1.00000000 | $214,200 | 5.1% |
| Treasury total133,985 WOOD outstanding | $4,209,813 | 100% |
Every entry is publicly verifiable. Dividends accrue via uiMultiplier per ERC-8056. Backing per WOOD is computed from live balances × multiplier × oracle price — not a dashboard's word, a contract's. Figures on this page are illustrative.
Balance
— WOOD
Staked
— sWOOD
Value
—
StakeBalance —
WOOD
Receive1 : 1
sWOOD
--:--:--
until the third watch ends
Rebase / watch
0.23%
APY
1,204%
Staked
87.4%
How the APY works
APY is emissions, not profit: rebases dilute every unstaked holder while your staked share of supply stays roughly constant. The real return is the treasury compounding underneath — staking simply keeps your fraction of the forest whole.
Wanted · reserveOpen
USDG
Reserve stablecoin
4.2%discount
Vesting15 watches · 5 days
Bond price$30.10
Capacity38%
Paid in WOOD on full vest
Wanted · long huntOpen
tTSLA
Tesla, Inc.
7.1%discount
Vesting21 watches · 7 days
Bond price$29.19
Capacity81%
Paid in WOOD on full vest
Wanted · deep poolsSold out
WOOD∕USDG
Protocol-owned liquidity
9.3%discount
Vesting21 watches · 7 days
Bond price$28.57
Capacity100%
Filled — next tranche soon
95%
Borrow up to 95% of backing — $29.85 per WOOD
0.50%
Fixed APR, no expiry, no margin calls
Zero
Price liquidations — the loan is written against backing, not the market
Borrow against your WOOD
CollateralStaked —
sWOOD
Borrowat 95% LTV
USDG
Why it holds
Backed, not pegged
Because the treasury holds real assets, the floor is an audited number — so it can be lent against.
No price liquidations
Your loan tracks backing, not the ticker. A volatile market can't margin-call you.
Fixed & open-ended
0.50% APR that never resets and never expires. Repay whenever; sell nothing.
The forest, translated
Every lore term paired with the plain one it stands for. The landing page teaches this language; this is where to check it.
- Watch
- One eight-hour rebase epoch. Three to a day.
- Rebase
- The per-watch emission that mints new WOOD to stakers.
- The Camp
- Staking. Stake WOOD, receive sWOOD.
- sWOOD
- Staked WOOD. Your claim on the camp's share.
- The Heist
- Bonds. Buy WOOD at a discount with assets the treasury wants.
- The Vault
- Loans. Borrow USDG against your backing floor.
- The Band
- Range-bound stability. The corridor price is held within.
- Backing
- Treasury assets divided by WOOD outstanding. The floor.
- Premium
- How far market price sits above backing.
- POL
- Protocol-owned liquidity. The forest owns its own market.
- uiMultiplier
- The on-chain accrual factor for dividend-bearing tokenised assets.
- Ranger
- A visitor in demo mode. Nothing here is deployed.
- The Sheriff
- Whoever is betting against the floor.
The Council has not yet convened
Governance arrives with deployment. Staked sWOOD becomes the voice of the greenwood — treasury mandates, bond capacities and the width of the band, all put to the camp. One staked bow, one vote.
DraftSIP-01 · Set initial bond capacitiesOpens at deployment
DraftSIP-02 · Range-bound band widthOpens at deployment
SherwoodDAO is a treasury-backed reserve currency. Every WOOD is minted against a treasury of real-world assets — tokenized T-bills, USDG and tokenized equities — and every figure on this page is computed from live balances, not promises.
Price is tethered to backing in both directions from launch: bonds fill the treasury, the treasury defends the band, and the band disciplines the premium. A floor you can audit — not one you have to trust.
(,) — I draw with the camp, not against it.
Mechanism
What it does
The Ledger
A treasury of tokenized T-bills, USDG, tokenized equities and protocol-owned liquidity — backing computed from live balances × multiplier × oracle price
The Heist
Bonds accept USDG, SGOV, tokenized stocks and WOOD∕USDG LP — every bond deepens the treasury and buys the protocol its own liquidity
The Camp
Stake WOOD for sWOOD; rebases every watch, with APY shown beside its honest dilution reading
The Band
Range-Bound Stability from launch — the treasury bids below the band with reserves and sells above it, tethering price to backing
The Vault
Borrow USDG at 95% of backing, 0.50% fixed, with no price liquidations
SherwoodDAO is an independent protocol concept built for Robinhood and is not affiliated with Robinhood Markets, Inc. Nothing on this page is deployed; all figures are illustrative.
