Zappin Debuts on Robinhood Chain, Offers 90% ETH Cashback
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Zappin Debuts on Robinhood Chain, Offers 90% ETH Cashback

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Zappin Bot Launches on Robinhood Chain, Offering 90% Fee Rebate

A new Telegram trading bot named Zappin has launched on Robinhood Chain, enabling users to execute token swaps powered by Uniswap and receive 90% of their trading fees back in ETH. This promotional cashback offer is set to run for 30 days, a strategic move to attract early adopters to the nascent Layer-2 network.

Developed by the OnchainLens team, Zappin arrives approximately three months after Robinhood Chain’s public mainnet debut on July 1. The bot’s core proposition is to simplify token trading by allowing users to interact directly within Telegram, bypassing the need for a separate decentralized exchange (DEX) interface, while also offering substantial fee rebates during the promotion period.

At its heart, Zappin functions as a Telegram-native trading interface. Users engage with the bot directly within their Telegram application, selecting tokens and initiating swaps that are processed through Uniswap’s automated market maker on Robinhood Chain.

The headline feature is the 90% fee cashback. For the initial 30 days post-launch, Zappin will return the majority of trading fees to users, credited in ETH. Robinhood Chain operates as an Ethereum Layer-2 solution built on Arbitrum Orbit, inheriting Ethereum’s robust security while facilitating transactions at significantly lower costs than the mainnet. The network utilizes ETH for gas fees, eschewing the introduction of a new native token.

In a notable decision, the OnchainLens team has explicitly stated that Zappin will not have a native token. By preemptively addressing this, the team aims to mitigate potential security risks and attack vectors associated with token launches.

Zappin’s introduction is part of a broader expansion of the ecosystem forming around Robinhood Chain since its July 1 mainnet launch. Uniswap was integrated as a foundational AMM partner from day one, providing the network with immediate access to a proven DEX infrastructure. Robinhood Chain was conceived with the aim of becoming a platform optimized for tokenized real-world assets and on-chain financial services, including DeFi functionalities like lending facilitated by Morpho.

While specific figures have not been disclosed, DEX volumes and the total value locked on Robinhood Chain have reportedly seen an upward trend since the mainnet’s inception.

The underlying Arbitrum Orbit architecture is a key element. By leveraging Orbit, Robinhood Chain benefits from Arbitrum’s established technological framework, rather than undertaking the complex task of building a rollup solution from scratch.

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