February 13 Hot Project Summary @robinhoodapp 1. Project Overview Robinhood Chain is a Layer 2 blockchain launched by the well-known fintech company Robinhood, built on the Arbitrum Nitro technology stack. The project aims to provide users with a low-cost cryptocurrency and smart contract interaction experience, falling under the Layer 2 scaling solutions in the blockchain infrastructure sector. 2. Today's Highlights 1. The testnet has officially launched. The test network of Robinhood Chain has quietly gone live, allowing users to experience zero-cost interactions, marking the project's transition from the conceptual phase to public testing. 2. Free faucet provided. The project team has set up an official testnet faucet, where users can visit a specific link and connect their Google account to receive test tokens for free, lowering the entry barrier for early participation. 3. Support for various on-chain operations. Users can now send messages (like GMs) and deploy smart contracts on the testnet, demonstrating that the network's basic functionalities are ready. 4. Integrated convenient deployment tools. The third-party platform Watchoor has supported the quick deployment of over 5 different types of smart contracts on the testnet, simplifying the testing process for developers. 5. Clear phased roadmap. The project is currently in the testnet (Phase 1) stage and has planned the subsequent mainnet (Phase 2) launch, with a clear development path. 6. Based on mature Arbitrum technology. The chain has chosen to build on Arbitrum, inheriting its security and EVM compatibility, which is beneficial for quickly attracting developers and users from the Ethereum ecosystem. 7. Strong backing from the parent company. Robinhood, as the parent company, has approximately $5.77 billion in funding and a valuation of $12 billion, providing significant brand credibility and resource support for the chain's development. 8. Encouraging early user engagement. Multiple sources indicate that the current testnet phase is the "earliest on-chain action" and "layout phase," attracting users and developers seeking early interaction opportunities. 3. How to Participate 1. Add the testnet: Add the Robinhood Chain testnet to your wallet. 2. Claim test tokens: Visit the official faucet website ( 3. Interact: Try sending transaction messages or use tools like Watchoor to deploy smart contracts for testing. 4. Register on-chain domain names: You can mint testnet usernames on the Robinhood network through related platforms. 1. Hayden @CryptoOracle666 announced that Robinhood has launched a new chain called Robinhood Chain on Arbitrum, currently in the testnet free interaction phase, and provided guidelines for adding the testnet and claiming the faucet. 2. Crypto Cat Telugu @cryptocattelugu briefly introduced that the Robinhood Chain testnet is live, with zero cost, and provided relevant funding, valuation data, and testnet links. 3. Watch @GoWatchoor stated that the Robinhood testnet is live, allowing users to send messages and deploy various smart contracts, and provided deployment entry and faucet links.