GG calls.

Tokenized stocks went onchain. Dividents didn't. On July 1, 2026, Robinhood switched on its own chain and put listed equities on it. This is the visible half of Vlad Tenev's tokenization thesis, argued publicly since before the EU stock-token launch in June 2025: every asset becomes a token — stocks first, then private markets, then the rest — markets stop closing, and owning a share of Apple becomes as portable as holding a stablecoin. The ownership half works. The tokens are ordinary ERC-20s, issued from Jersey, trading around the clock against USDG. At our last reading the AAPL token had ~56,000 holders on the chain; NVDA ~86,000. Then Apple paid its August dividend, and we watched what happened onchain. Nothing arrived. No transfer, no payout. A single storage variable inside the token contract — uiMultiplier() — moved from 1 to 1.00056608. Robinhood reinvests every dividend and records it as a scaling factor: each token now quietly represents about 0.057% more shares than it did at launch. The value is real and publicly auditable. It is also invisible. Wallets don't show it. Explorers don't total it. Holders were not told. That gap is our thesis: Tokenization, as shipped, moved ownership onchain and left income behind as an accounting entry. A share that pays you is different in kind from a share that silently revalues — the first is cash flow you can direct; the second you only notice if you know which storage slot to read. DRIP is the instrument we built to read that slot. It queries the multipliers live from chain RPC, prices them, and shows any wallet the dividend value already sitting inside its tokens . Swap and collect dividends now on