FAQ#

The questions everyone asks first, answered plainly. Every answer links to the page that covers it in full.

Do I own the actual shares?#

No, and we say it plainly: stock tokens are issued by Robinhood Assets (Jersey) Limited and track the price of the underlying US-listed stock, with no legal ownership and no voting rights. What you do own outright is the token itself — self-custodied, in your wallet, nobody’s IOU to redeem. See How stock tokens work.

What about dividends and splits?#

Stock tokens are total-return instruments: dividends arrive as price appreciation through an onchain multiplier, not as a cash payment, and splits work the same way. Basket recipes are defined in raw units, so corporate actions never break the math. See Market hours & corporate actions.

What exactly do I pay?#

A 0.25% zap fee and a 0.40% mint or redeem fee, both shown before you sign. The holding fee is 0% at launch, and 60% of every basket fee goes to its curator. See Fees for the full model, including how rates can change and the 48-hour timelock that governs them.

What happens when markets are closed?#

The protocol fails closed. When a component can’t be priced with confidence — weekends, corporate actions, a stale feed — minting, redeeming and zaps pause, and savings plans queue until prices are fresh again. Your tokens stay in your wallet, transferable as always. See Market hours & corporate actions.

What do I need to start?#

A wallet and USDG on Robinhood Chain. Zaps sponsor the gas, so one signature is genuinely all it takes. See Investing in baskets.

How do curators make money?#

Curators earn 60% of every fee their basket generates, paid automatically by the protocol every time someone mints or redeems. No fund license, no fundraising, no back office. See Curators.