4Stock is a pre-stock token product launched by Four.Meme, primarily covering popular U.S. stocks that do not yet have corresponding bStock tokens. It enables these assets to enter the BNB Chain earlier and serve as underlying pool assets for BSC Stock Memes.
Each unit of 4Stock is backed 1:1 by the corresponding underlying stock shares. After a user applies to mint, Four.Meme uses the submitted funds to purchase the corresponding stock through a specially managed account, then mints 4Stock based on the actual number of shares bought and held. The process can be summarized as: underlying stock asset, 1:1 asset backing, and 4Stock on the BNB Chain.
4Stock Is More Than Just a Stock Token in Your Wallet
Four.Meme defines a key use case for 4Stock as serving as the underlying pool asset for BSC Stock Memes. Previously, which stocks Stock Memes could choose as trading pools largely depended on which stock tokens were already available on-chain. Even if a stock suddenly became a market hotspot, if there was no corresponding on-chain asset, the Meme narrative forming around it could not enter the chain in a timely manner.
4Stock attempts to shorten this waiting period. More popular stocks can first become the underlying assets for Stock Memes, allowing the market attention, community culture, and Meme narratives surrounding traditional stocks to enter the BNB Chain faster. After minting, 4Stock can also be freely transferred and traded on-chain; Four.Meme also stated that it hopes wallets, DEXs, trading protocols, and DeFi projects can utilize this type of asset.
Minting Currently Follows an Application System
The minting process in the early stages of the product is divided into three steps. First, the user must transfer USDC from the same wallet address that will later receive the 4Stock to a designated receiving wallet; after completing the transfer, save the transaction hash and submit it via the official application form. The minimum amount per application is equivalent to 10,000 USDC.
Second, after Four.Meme receives a valid application, it purchases the corresponding underlying stock at the market price at the time of execution. After the purchase is completed, the platform mints 4Stock in a 1:1 ratio based on the actual number of shares transacted. Stock prices continue to fluctuate, so the final execution price may differ from the quote seen at the time of application, and the number of tokens received may also deviate from the initial estimate.
If the underlying stock is suspended, has insufficient liquidity, or encounters other situations preventing normal execution, the purchase and minting may be delayed. A 1% fee is charged for each mint, deducted directly from the user's submitted USDC. Under normal circumstances, the platform states the entire process is completed within 24 hours of receiving the USDC.
Automatic Minting and Redemption Are Not Yet Live
Four.Meme indicates that, at this stage, the purchase of underlying assets and minting are processed manually in batches. An automatic purchase and minting system will be launched later, linking the subscription, stock purchase, and on-chain minting into an automated process.
The redemption function is also in a "coming soon" state. According to the announced plan, redemptions will also be processed on a 24-hour cycle; when executed, the corresponding underlying stock is sold, and the actual proceeds in USDC are returned to the user. The minimum redemption amount is equivalent to 10,000 USDC, with no redemption fee charged. The final amount of USDC received depends on the actual transaction price when the stock is sold.
When the corresponding bStock officially launches, the platform also plans to add a path for converting 4Stock to bStock in a 1:1 ratio.
Adding a New Stock Ticker Requires 500,000 USDC
Users can apply to become the inaugural participants for a new 4Stock. The initial issuance requires 500,000 USDC: 250,000 USDC is used to purchase the underlying stock and mint an equivalent amount of 4Stock, while the other 250,000 USDC forms an initial liquidity pool with the newly minted 4Stock.
After completing the issuance and liquidity deployment, the asset can become a Stock Meme pool supported by Four.Meme. The inaugural applicant can receive 50% of the internal transaction fees from the related Stock Meme, as well as 50% of the returns from the corresponding initial liquidity pool. The platform hopes this will allow asset expansion to be driven by market demand and help establish 4Stock as open stock infrastructure for the BNB Chain.
