Overview

Introduction

Stove Protocol is an open, non-profit financial infrastructure connecting traditional equities with decentralized finance.

It unites licensed custodians, developers, institutions, and ecosystem participants to co-create a transparent, inclusive, and borderless financial layer — the foundation for the next generation of finance.

Ecosystem Participants

Role
Description

Foundation

Maintains protocol standards, governance structure, and compliance strategy.

Custodians

Licensed brokers holding real-world stocks (e.g., HabitTrade).

Developers

Build integrations, dashboards, and DeFi applications leveraging tokenized equities.

Market Makers / Takers

Provide liquidity and facilitate execution in RFQ markets.

DeFi Protocols

Incorporate tokenized equities for lending, yield, or derivatives.

Community

Users, DAO members, and partners co-developing the ecosystem.

The ecosystem is collaborative, not competitive.

Every participant strengthens the network, creating a resilient, compliant, and self-sustaining financial infrastructure.

Becoming a Market Taker

Participants must meet the following criteria:

  1. Adequate Capital — Maintain sufficient tokenized equities and network fees in a verified wallet to execute trades reliably, especially for large or low-liquidity assets.

  2. Asset Security and Custody — Hold tokenized equities in a custody system meeting Stove Protocol’s verification standards, ensuring integrity, traceability, and compliance.

  3. Trading and Redemption — Ensure accurate settlement and redemption between tokenized equities and real-world stocks.

  4. Market and Technical Knowledge — Understand trading mechanisms, smart contract operations, and slippage management to optimize execution and reduce risk.

Meeting these criteria enables Takers to support Stove Protocol’s transparency and efficiency while safeguarding the security and integrity of its open financial infrastructure.

Ecosystem Development

  • Open-Source Tools: Encourage developers to integrate freely with standardized SDKs.

  • Community Grants: Support ecosystem contributors through transparent funding.

  • Strategic Partnerships: Collaborate with oracles, custodians, and liquidity providers.

  • Cross-Chain Expansion: Integrate LayerZero and other bridge protocols to reach multiple chains.

Core Principle

Stove Protocol treats financial infrastructure as a public good — Open, transparent, and permissionless, enabling a resilient ecosystem for all participants.

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