Watchlist & Portfolio
Understanding Stock Tokens (ERC-8056)
How stock splits and dividends are reflected in your balance.
Stock Tokens and ETFs on Robinhood Chain use ERC-8056 (Scaled UI Amount). Rather than minting or burning tokens to your wallet when the underlying stock does a split or pays a dividend, the token contract updates an internal ui-multiplier that scales everyone's displayed balance at once.
Why it works this way
This avoids the token contract needing to touch every individual holder's balance on-chain (which would be gas-intensive and slow at scale) every time a corporate action happens. Instead, one contract-level update instantly and correctly rescales every holder's displayed balance.
What you see in QUVR
The watchlist and portfolio views always show the adjusted, human-readable amount — the number you see already accounts for any split or dividend, so you never need to manually recalculate your holdings after a corporate action.
Note
Your raw on-chain token balance and your displayed (scaled) balance can differ after a corporate action — that's expected. QUVR always shows you the scaled figure, which is the one that reflects your actual economic position.