Risks[2]
/ Read this before you mint
No external audit
The contracts are open and verified on the explorer and covered by unit, fuzz and invariant tests, but no outside firm has audited them. A bug could lose funds.
Stock tokens belong to their issuer
The stock tokens in the veins are issued on Robinhood Chain by Robinhood. Their contracts let the issuer pause transfers, block addresses, burn balances and upgrade the token code. If a stock is paused, claims in that vein wait until it is unpaused; other veins keep working. A blocked address can't receive that stock. If the issuer burned tokens held by the mine, that vein would pay less than it shows.
Prices move
Rewards are paid in stock tokens, not dollars. Their value goes up and down with the market and with corporate actions such as splits and dividends.
No promised returns
A vein releases a share of what it holds. What a miner gets depends on what is in its vein and how much hashrate is digging there. The "today ≈" figures in the app are estimates from current numbers and change as the vein and its miners change.
Swaps depend on the team's keeper and on oracles
The ETH set aside for a vein is swapped for stock by the team's keeper. Nobody can withdraw it, but until it is swapped it does not add to the vein. Swaps also stop while Chainlink prices are stale or the stock is in a corporate action.
The chain
Robinhood Chain is a young network. Outages or changes to it can delay or block transactions.
Where you live
Tokenized stocks may be restricted in your country. Check your local rules. Nothing on this site is financial advice.