Here’s a little future-proof knowledge about how dividends are distributed and voting rights are exercised after stock tokenization: 1. Currently, most legitimate on-chain stock tokens are issued using a method called ERC-8056. ERC-8056 (Scaled UI Amount Extension) is an extension to ERC-20 that adds a multiplier standard for display/economic exposure. It’s designed to handle corporate actions like stock splits, reverse splits, and dividend reinvestments on-chain without altering the token’s `balanceOf()` or `totalSupply()`. So, 1 token ≠ 1 share, because the number of tokens remains unchanged, but the number of shares may vary in the future due to events like dividends, issuance, or splits. 2. How voting rights will be exercised in the future: Currently, most stock tokens are actually debt tokens minted by issuers after pledging shares, meaning token holders don’t have voting rights. Voting rights are typically exercised through third-party delegation. For example, Genius uses a launch model where 1% of the tokens issued are allocated to a foundation. The foundation then unpacks the stock tokens it receives, such as BNC4 and BNCB, into original BNC shares, allowing it to exercise voting rights or other shareholder powers on behalf of token holders. As the U.S. SEC continues to advance and implement stock tokenization schemes, some of the details mentioned above may evolve. #Crypto #Tokenization #Blockchain #ERC8056 #StockTokens #SEC #Finance #Innovation