FAQ

Do I own stocks?

You hold a memecoin. The vault buys tokenized stocks, issued by Robinhood and not available to US persons, and distributes them to holders at each airdrop, pro rata. There is no withdrawal right on the vault, no buyback right, no shareholder right, and no relationship between holders and the issuer.

Who issues the tokenized stocks?

Robinhood, on Robinhood Chain. The vault does not get them from the issuer: it buys them on open secondary pools on that chain, then distributes them to holders on Ethereum, wrapped. StockFun has no relationship with the issuer. They are ERC-20 tokens whose address is public and verifiable in every vault. They are not available to US persons.

Is the airdrop a yield?

No. It is the distribution of the stocks the treasury bought with trading fees. Its amount depends on past volume, not on a rate; it may be zero, and nothing promises there will be volume tomorrow.

When and where do I receive the airdrop?

Every 24 hours, on the days the US stock market is open, for each market whose treasury has accumulated at least 0.1 ETH. Your share follows what you held on average over the 24 hours before the cycle, a window that closes at 13:00 UTC. On Ethereum, as wrapped stocks, one for each stock locked on Robinhood Chain: you claim your share and pay the gas of the claim. Nobody sends it for you, and it does not expire: you can claim it whenever you like. The dapp's claim screen lists what you can claim, window by window, and claims up to five windows per transaction (ten until 2026-10-06, when the app was sized for Ethereum's Glamsterdam upgrade). A stock that cannot be paid at that moment is deferred and stays due, and the others are paid; since 2026-10-06 a stock deferred because its token refused the transfer shows "not paid at your last claim", and each claim tries it again first. The cycle and the threshold are default settings, which StockFun's owner can change. See The airdrop.

What happens if the token dies?

Whatever the treasury still holds is distributed to holders at the next airdrop. With no trades, nothing more comes in.

Why is 5 % so much?

It is. That is accepted, and it is the price of the mechanism: 2 of the 5 points become tokenized stocks, airdropped to the token's holders. Without a high fee there would be nothing visible to distribute. The full round-trip cost, 9.75 % before price impact, is displayed in the product rather than hidden. Since 2026-10-05 the rate and its split are settings of StockFun's owner; these figures are the defaults.

Can I exchange my token for part of the treasury?

No. No mechanism exchanges a token for a share of the vault's assets, and none is planned. You receive your share of each airdrop because you hold the token, nothing more. That is what separates a memecoin from a regulated financial product.

Can the creator rug?

They cannot remove the liquidity: it is locked, and its only exit, the end mode, belongs to StockFun's owner, 30 days after a public announcement. They receive no token allocation. They can buy their own token like anyone, and sell it like anyone.

Nor can they touch the treasury: since 2026-09-27, the creator has no power over it. They receive stocks only as any holder does, if they hold the token.

Can I add liquidity to a market?

No. Since 2026-10-01 the hook refuses every liquidity addition except the liquidity lock's: a third-party position would trade against taxed swaps without paying the tax. The whole supply already sits in the lock's two positions, and the pools charge no LP fee.

And the StockFun team?

They take 0.5 % of every trade by default. They hold no token allocation: since 2026-10-05 the whole $STOCKFUN supply, like every market's, goes into locked liquidity. They cannot mint tokens, or move a holder's tokens without an allowance from them: the tokens have no function for it and cannot be upgraded.

They can upgrade every module but the tokens and the liquidity lock, the vaults included, and change every number of the protocol, the fee included, with immediate effect: see Trust model. They can move a treasury's assets at once, without notice: that is emergency mode. And through the end mode they can recover the liquidity of every pool, 30 days after announcing it. Those powers are what make this protocol not trustless.

Why does the treasury grow when I sell?

Because the fee applies in both directions. It is the design's most counterintuitive choice and the one that makes the mechanism robust: the treasury depends on activity, not on price direction. A market being dumped still buys stocks, distributed to those who hold at the next airdrop.

What happens in a new market's first blocks?

With the default settings, the tax starts at 80 % in the opening block and falls by 8 points per block, down to 5 % from the 11th block, about 2 minutes after launch. Only the creator's launch buy and the addresses on the creator's whitelist, at most 20 and public from the creation transaction, pay the normal 5 %. It is an anti-snipe measure; do not buy in the first blocks.

Can I launch a market with no ETH?

Almost. You need the creation fee, 0.001 ETH by default, plus gas. The opening-block buy is optional: you can launch without buying a single token.