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How the protocol fits together

Raphael Exchange combines efficient token swaps with a vote-directed incentive system. Traders access liquidity across multiple pool types. Liquidity providers earn fees, or stake eligible positions for $RAPH emissions. Participants lock $RAPH into veRAPH positions and direct incentives toward the pools they consider most valuable.

This creates a feedback loop, renewed every epoch:

  1. Trading activity generates fees.
  2. Fees and incentives attract votes.
  3. Votes direct $RAPH emissions.
  4. Emissions attract liquidity.
  5. Deeper liquidity improves execution, and the wheel turns again.

The Protocol Flywheel page walks through each turn of this cycle in detail.

The network

Raphael runs on Robinhood Chain, an EVM-compatible Ethereum Layer 2. ETH is the native gas token.

NetworkChain IDPublic RPCExplorer
Robinhood Chain4663https://rpc.mainnet.chain.robinhood.comhttps://robinhoodchain.blockscout.com
Robinhood Chain Testnet46630https://rpc.testnet.chain.robinhood.comhttps://explorer.testnet.chain.robinhood.com
Public RPC endpoints are rate limited

Applications should use a dedicated provider for production traffic. See Data and Indexing for guidance.

A word before you begin

Raphael Exchange is an independent protocol. It is not Robinhood, and it is not operated or endorsed by Robinhood. References to Robinhood Chain identify the blockchain network. The protocol builds on a battle-proven ve(3,3) architecture; references to that lineage describe technical ancestry only.

Using smart contracts involves risk, including the loss of funds. Always verify the network, token address, pool, price impact and transaction details before signing. The Safety and Risks page and the Legal and Risk Notice explain the full picture.