Baskets
Each basket is a single token holding a themed group of stock tokens. Launch line-up below.
| Basket | Theme | Holds |
|---|---|---|
| kAI | AI & compute | NVDA, AMD, CRWV, PLTR, TSM, MSFT |
| kMAG7 | Magnificent 7 | AAPL, MSFT, NVDA, AMZN, GOOGL, META, TSLA |
| kSEMI | Semiconductors | NVDA, AMD, MU, INTC, TSM, ASML |
| kSPACE | Space & frontier | SPCX, RKLB, IONQ, RGTI, USAR |
| kMETAL | Gold, silver & oil | SLV, USO, USAR, SGOV |
| kYIELD | 24/7 T-bill yield | SGOV, USDG, USDe |
How weights work
Each basket has target weights per constituent (for example NVDA 28% of kAI). The basket holds the underlying stock tokens in those proportions, so its value is simply the weighted sum,priced live by Chainlink.
Rebalancing
Weights drift as prices move. Baskets rebalance back to target on a schedule (and can cap any single name) to keep the theme intact and avoid one stock dominating. Rebalances are transparent and on-chain.
Who decides the baskets
New baskets are proposed and voted in by $KEVIA holders,"narrative curation." If the community wants a kNUCLEAR or kDEFENSE basket and the underlying tokens exist on-chain, it can be listed. The community effectively writes the index.
Baskets only include assets that exist as tokens on Robinhood Chain. As Robinhood adds more stock tokens, more themes become possible.