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Corporate Actions

Splits, dividends and delistings on tokenized equity legs.

Tokenized equities inherit the corporate actions of their underlying. How those actions reach a token holder depends entirely on the issuer's mechanics, which means the Stockpile's handling has to be defined per issuer rather than in general.

ActionExpected handlingStatus
Stock splitIssuer adjusts token balance or ratio; reserve balance followsTBD
Cash dividendDistributed by issuer; treated as protocol revenue if receivedTBD
DelistingLeg frozen, removed from target weights, held or wound downTBD
Ticker changeConfiguration update, no economic effectTBD