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Long.xyz Launches LONG 500 Index for Tokenized Stocks, Adds 5% Fee to AI Treasury

Long.xyz launched LONG 500, an index it describes as the S&P 500 of tokenized stocks, currently covering more than 70 tokenized equities. Under the new structure, 5% of stock-token fees from each new trading pair will flow into an AI community treasury and another 5% will fund buybacks and burns of the paired token, which anyone can trigger around the clock. Liquidity-pool auto-compounding continues and creator fees stay unchanged.

Original source

AI take

The notable move here is structural rather than the index itself: routing a slice of stock-token fees into an AI treasury and another into permissionless buybacks and burns turns trading activity into a self-funding mechanism, with the burn side open to anyone at any hour. That matters for token issuers and liquidity providers, since creator economics are explicitly left untouched while the new fee split applies only to fresh pairs. Whether the burn-and-treasury split scales with volume, and whether other tokenized-equity venues copy the template, is the open question.

Generated by AI for reference only.

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