The Ring $C3750/NVDA
SOON SOON
MKT CAP Launching soon GATE II · $10M
LAUNCHING SOON · PONS · ROBINHOOD CHAIN

One Switch to
Rule Them All

Models come and go. Compute remains.

Don't chase the model — follow the machines every model runs on. $C3750 is the infrastructure trade: born from Cisco switching lore, trading against tokenized NVDA.

Cisco hid a hobbit inside a switch in 2003 and never told anyone. We gave him a market.

MARKET
C3750/NVDA
SUPPLY
Hobbit silkscreened on a Cisco Catalyst 3750 motherboard
REAL PHOTO · REAL BOARD
Catalyst 3750 board · S/N FD012… Found by a technician, never by marketing
THE MISSION CLASSIFIED · DO NOT DISCLOSE
MORE COMPUTE. · SEALED

FRODO Compute Key

Launching soon
MARKET CAP
NOW $5M GATE I $10M GATE II · THE KEY TURNS

Where is the key?

frodo_sk_X7Q9_•••••••••••••••••••••••••••••••• SEALED

More compute.

Scale the machines. Sell the inference. Send it back around the Ring.

RUNPOD · USEPD
RUNPODH200141 GB HBM3e
RUNPODB200Blackwell inference
USEPDA100Distributed spot
RACK-SCALEGB200 NVL7272 GPUs, one domain
1INPUTS
Compute + market

More GPUs on one side, more trading on the other.

2MONETIZE
Three lanes
LLM access holder rates Resale via x402 Fee share 2% in NVDA
3RETURN
Holders

Pro-rata in tokenized NVDA. Revenue buys more compute.

THE STORY

A hobbit has been hiding inside a $430 billion company for 23 years

No press release. No box art. An engineer drew him under the lid, where only technicians would ever look.

Apr 2003
Cisco ships the Catalyst 3750. Its StackWise architecture wires up to nine switches into a ring so they behave as one machine.
Codename
Inside Cisco the project carried a Lord of the Rings identity. A ring of machines, one master, one address — the name wrote itself.
The egg
Someone printed a hobbit onto the circuit board in silkscreen ink, right beside the Cisco logotype. Invisible until you open the chassis.
Today
He is still in there, in racks all over the world, in a company worth $430 billion. Nobody ever gave him a market. Now he has one.
Frodo toy card, 1979
Cape, sword, bowl cut. The board drawing traces the hobbit of the 1978 animated film, as printed on the 1979 toy card.
1978 animated film still
The film a generation of network engineers grew up on. Twenty-five years later one of them smuggled it into production hardware.
THE RING

The ring was never decoration. It was how value moved.

Nine switches wired in a circle, acting as one. Traffic goes around the ring until it reaches the member that needs it. Nothing sits still.

Catalyst 3750 switch stack
CISCO DOC — THE STACK BEHAVES AS ONE SWITCH
Nine-member StackWise ring
CISCO DOC — NINE MEMBERS, ONE ACTIVE, ONE STANDBY
The token copies the topology
Every trade drops a fee onto the ring. It travels to every holder, pro-rata, and gets off at each wallet. Same wiring diagram Cisco drew in 2003 — different payload.
THE COMPANY THAT HID HIM

Every serious fund on earth owns a piece of this hobbit

83.59% of Cisco's float sits with institutions — 5,133 of them. BlackRock alone holds $39 billion of a company with a cartoon hobbit printed inside its hardware, and not one of them has ever mentioned him.

#
TOP CSCO HOLDERS
% OUT
VALUE
Public filings, reported 30 Jun 2026. CSCO itself is not tradable on Pons — this is the lore, not the market.
CSCO — NASDAQ
$109.93 −2.22 (−1.98%)
At close 28 Aug 2026 · a dated snapshot, not a live quote
Float held by institutions83.59%
Institutions holding5,133
Held by insiders0.05%
Hobbits on the board1
So why does it trade against NVDA?
Because Robinhood Chain lists NVDA and not CSCO — and because the thesis was never Cisco the stock. Cisco built the ring that moved the packets; NVIDIA builds the machines the models run on, and the two announced their data-center collaboration in February 2024. The network moved data. The GPU makes intelligence. We follow the compute.
THE FEE

3% per trade.
2% goes to holders in tokenized NVDA.

Every trade sends NVDA around the Ring.

3% TOTAL TRADING FEE On every buy and sell.
2% TO HOLDERS Shared pro rata in tokenized NVDA.
1% TO PONS The protocol fee.

0% kept by the creator.

From the contract — total trade fee · creator tax

Enter the ring

Models come and go. Compute remains. One market, one pair, one fee that keeps circulating instead of settling in a creator's wallet.

Contract · updated