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Stock Tokens and ETFs on Robinhood Chain: How Corporate Actions Are Handled

A split or a dividend doesn't require QUVR -- or anyone else -- to manually update your balance. Here's what happens on-chain and how it reaches your portfolio.

June 20264 min readQUVR Team

When a company behind a Stock Token on Robinhood Chain does a split or pays a dividend, nobody -- not QUVR, not you -- has to manually update anything for your balance to reflect it correctly.

What happens under the hood

Robinhood Chain's Stock Tokens use ERC-8056 (Scaled UI Amount). A corporate action updates an internal multiplier on the token contract itself, on-chain -- your raw balance never changes, only the multiplier that tells wallets and apps what number to display. See Why Robinhood Chain Uses ERC-8056 for the mechanical detail.

What you actually see

Your Watchlist and Portfolio balances update automatically the moment the on-chain event fires -- QUVR reads it directly rather than relying on a manually-maintained data feed. If your unit count changes on a split day with no transaction of your own in your wallet's history, that's expected: the value of your position hasn't changed, just how many units it's expressed in.