Livestock is a launchpad for narrative tokens: short-lived tokens about one specific story around a public company, which expire into that company’s tokenized stock. Bullish Tesla, buy TSLA. Bullish Tesla and specifically the Austin robotaxi launch, buy the ROBOTAXI narrative. If the story runs you end up holding more TSLA than the same dollars would have bought outright; if it doesn’t, you still hold TSLA.
why expiry
Memecoins make you find a greater fool before the music stops. Here there’s a date on which the position becomes equity by default, so exit timing stops being the whole game. That one rule shapes the build: the market has to halt and the vault freeze at expiry, and you can’t halt a Raydium pool you don’t own, so the curve lives inside the program. It’s a narrative market, not a prediction market — nothing checks whether the robotaxis actually launched; the payoff comes from flows, not truth. Pinocchio program on Solana, Token-2022 narrative mints, xStocks for the equity, Jupiter for the swap in.