How it works
Fees in, stocks out, every 30 minutes
No administrator decides what gets bought or who gets paid. A fixed rule picks the stock that trades closest to its published price, and an on-chain split sends it to holders by the size of their holding. Every purchase and every transfer is a transaction anyone can verify.
Creator fees come in
Every trade of the Drip token pays a creator fee on Robinhood Chain. A quarter of it is set aside to buy real tokenized stocks; the rest funds operations, a liquidity reserve, and gas.
A stock is bought, every 30 minutes
That budget buys one tokenized U.S. stock — whichever fills cleanest against its Chainlink price at that moment. It must clear all eight checks below, or nothing is bought and the budget waits.
It's dripped to every holder
The stock is sent to holders in proportion to how much Drip they hold — pushed directly to each wallet, with no claim page and no signature. You just hold the token.
Selection
How the stock is chosen
Not by hype, and not by a human. Each cycle every priced Stock Token is quoted for the intended trade size against its Chainlink feed, and the one whose on-chain price lands closest to the oracle wins. Best execution is the whole rule.
Priced by Chainlink, not by us
Only tokens with a live Chainlink price feed can be bought — the feed is what the on-chain fill is measured against. A token without one is never a candidate, however much liquidity it has.
The best pool, not the biggest
Each token trades across several Uniswap V4 fee tiers. The cycle quotes all of them and takes the one with the best rate — often a small pool at a low fee beats a deep pool at a high one.
Execution
The eight gates
A stock can look fine and still be thin or mispriced on-chain. Every purchase must clear all eight checks at its actual trade size. If it fails, that stock is passed over and the reason is on-chain — nothing is bought on hope.
| # | Gate | Requirement |
|---|---|---|
| 1 | Stock Token in canonical registry | Active registry entry required |
| 2 | Chainlink feed active | Active aggregator required |
| 3 | Oracle answer fresh | ≤ 93600s old |
| 4 | DEX quote available | Routable quote at trade size |
| 5 | Estimated price impact | < 1.00% |
| 6 | Output within oracle value | ≤ 3.00% deviation |
| 7 | Share of pool liquidity consumed | ≤ 2.00% |
| 8 | Purchase size above floor | ≥ $10.00 |
Distribution
How it reaches your wallet
The stock bought this cycle is split across holders and sent directly. These are the rules that govern the split.
Proportional to what you hold
Each drip divides across holders by balance. Hold twice as much Drip, receive twice as much of the stock — the shares are computed on-chain and anyone can recheck them.
Pushed, never claimed
Every holder is sent their share directly. No claim page, no signature, no expiry — holding the token is the only thing required to receive.
Dust waits, above $0.50
A share worth less than the gas to send it stays recorded and rolls into the next drip rather than being spent uneconomically. Nothing is forfeited; it accumulates until it outweighs the gas.
Rounding favours the pool
Every per-holder share rounds down, so the total sent can never exceed what was bought. The few base units left over stay in the treasury rather than making a transfer revert.
Contracts and the treasury are excluded
Pools, routers, the distributor and the treasury itself are filtered out. A Stock Token sent to a contract that cannot forward it would be destroyed, and the treasury paying itself would distort every published amount.
Settled from what actually moved
If a wallet is blocked and a transfer is skipped, the ledger credits what the chain delivered — read from the transfer events, never from what was planned — so a skipped holder's balance rolls forward intact.