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Riley
@riley_gmi
Joined July 2013
3.3K Following    20K Followers
1/5 Traditionally, corporate actions such as a dividend or a stock split mean a transfer agent adjusts records, brokers reconcile, and a few days later your account reflects the change. @RobinhoodCrypto Stock Tokens face the same events, but there's no transfer agent onchain. Instead, corporate actions resolve through a single onchain multiplier, via the following mechanism:
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