Legal
Who this is for, and what Stock Tokens actually are
This interface is not available to US persons.The same perimeter applies as to the underlying Stock Tokens. If you are a US person, or you are accessing this from a jurisdiction where these instruments are not offered, do not use this interface.
Geographic restrictions
- Stonkhouse is not available to US persons, and nothing on this site is an offer or solicitation to any person in any jurisdiction where such an offer would be unlawful.
- Robinhood Chain Stock Tokens are offered outside the United States under their issuer's own terms and eligibility rules. Those rules govern whether you may hold the collateral at all; this interface does not widen them and cannot waive them.
- Access is restricted by the Terms of Use (opens in a new tab), not by a technical control. You are responsible for your own eligibility, and for any tax or reporting consequence of using this interface.
- No know-your-customer process is run here, and none is implied. This is a permissionless smart contract on a public chain.
What a Stock Token is
- The Stock Token underlying these options is a debt security issued by Robinhood Assets (Jersey) Limited. Stock Tokens are debt securities issued by that entity. They are not shares in the underlying company.
- Holding one gives you no shareholder rights: no vote, no direct claim on the underlying company, and no direct relationship with it.
- You carry issuer credit risk on Robinhood Assets (Jersey) Limited. If the issuer fails, the token's value does not survive independently of it.
- The issuer can freeze or restrict transfers. That may delay a writer's deposit or withdrawal and a buyer's in-kind payout. V2 settlement uses its own oracle sources and can be delayed when they are missing or disputed. A paused token price feed can also stop new series or orders. No Stonkhouse contract can override an issuer freeze.
- Corporate actions — splits, dividend adjustments — are expressed through an ERC-8056 display multiplier rather than by rebasing balances. The app shows the adjusted figure clearly labelled as display-only; accounting uses raw balances.
Options and collateral
- A buyer pays premium and a capped taker fee for a long option. That full cost can be lost if the contract expires worthless. A writer locks Stock Tokens or USDG as collateral in the v2 Clearinghouse and chooses how much to offer. These option tokens are not pooled vault shares or shares in the underlying company.
- There is no points programme or airdrop for buying or writing these options.
- A writer receives premium only when a buyer fills an order. An unfilled order earns no premium; writing a new option charges collateral rent when it is minted. A call that finishes in the money transfers upside above the strike to the buyer. The buyer's payout may arrive in Stock Tokens if conversion to USDG fails. The risks page (opens in a new tab) carries the full risk list.
No advice, no guarantee
- Nothing on this site is investment, legal, tax or accounting advice, and nothing here is an offer of securities.
- The Stonkhouse smart contracts have had no external audit, only the project's own internal reviews. An external audit is pending. They are provided as-is, with no warranty of any kind. Published source files carry their own license notices. Buyers can lose their full cost and writers can lose collateral value.
- Past weekly results describe what has already happened and say nothing about what any future week will do.
No affiliation
Stonkhouse is an independent project. It is not affiliated with, endorsed by, or operated by Robinhood Markets, Inc., Robinhood Assets (Jersey) Limited, Valorem, or the issuers of USDG or Seaport. Valorem and Seaport are part of legacy v1 accounts during run-off; the v2 path uses its Clearinghouse and OrderBook. Those names identify third-party contracts and services.