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Tally

The economics already pass through.
The record is built here.

Robinhood Stock Tokens track real securities and pay what those securities pay. What they do not carry is the shareholder record: no proxy vote, no redemption for the share behind them. Tally builds the record for that gap and keeps it on Robinhood Chain, where a reader can rebuild it without trusting this site.

01

Read the chain

Every official Stock Token is read server side through Multicall3: balanceOf, uiMultiplier, totalSupply, the staged multiplier and its effective time, plus every UIMultiplierUpdated event. Chainlink feeds supply a price where one is deployed. The public RPC refuses bursts, so reads are batched, cached for seconds, and served with their age when a refresh fails.

balanceOf · uiMultiplier · totalSupplyUI · UIMultiplierUpdated

02

Turn balances into share-equivalents

A Stock Token never rebases. A dividend or a split arrives as a new multiplier, so the count uses balance x uiMultiplier / 1e18 and compares the result with the contract's own balanceOfUI on every row. When the two disagree the board says so instead of picking one.

shareEq = raw x uiMultiplier / 1e18

03

Record intent

For each item on an issuer's proxy statement a holder signs an EIP-712 message: the item, the choice, the weight Tally read and the block it read it at. The TallyBook contract verifies that signature, reads the wallet's balance and multiplier itself, and counts the smaller of the two figures. Tally pays the gas. Nothing is approved, transferred or held.

EIP-712 IntentMessage · verified by the contract

04

Settle in public

After a cutoff anyone can call settle. The contract walks the wallets that recorded, re-reads each balance, keeps the smaller of signed and held, and writes the final count. Weight can fall between signing and settlement; it can never rise, so tokens moved between wallets cannot be counted twice.

settle(itemKey, steps) · callable by anyone

One multiplication, shown every time

Correct share-equivalent accounting is the whole job. A token balance of 42.913239 with a multiplier of 1.002814 is 43.034 share-equivalents, and Tally prints both numbers rather than the result alone.

The Chainlink answer for a Stock Token is already expressed per token after the multiplier, so value uses the raw balance. Multiplying twice would inflate every figure on the board, which is exactly the mistake this page exists to rule out.

rawBalance
balanceOf(wallet)
uiMultiplier
1e18 = 1.000000x
shareEquivalent
raw x multiplier / 1e18
valueUsd
raw x chainlinkAnswer
A dividend passes through the multiplier, and the token count never moves

Where this shape comes from

Most retail shares in the United States are not registered in the buyer’s name. They sit in street name: the broker, or its depository, is the holder of record. Those holders still get counted, because the record holder passes ballots down, collects instructions, and votes the registered shares to match.

Tally keeps that kind of record for tokenized holders, ahead of the rail. The arrangement is old. The holders it serves are new, and so is the place the record lives.

Holder of record
The broker, in street name
Beneficial owner
The person who bought the share
Instruction
Passed down, collected, voted to match
Tokenized holder
Holds the exposure, not the record
What Tally keeps
Share-equivalents, intent, redemption demand

What Tally is not

  • Not a proxy

    Tally carries no proxy authority and solicits none. A record says how a holder would want their position counted.

  • Not a shareholder vote

    Stock Tokens carry no vote today. Tally records intent so the record exists when they do.

  • Not custody

    No approval, no transfer, no deposit. Tally reads public state and relays signatures.

  • Not the issuer

    Tally is independent of Robinhood Markets, Robinhood Assets (Jersey) Limited and every issuer named here. Stock Tokens are issued by Robinhood Assets (Jersey) Limited.

  • Not a redemption

    A queue place records demand and acknowledgements. Availability and eligibility belong to the issuer.

  • Not the token

    $TALLY carries no weight in any count, and holding it changes no number on this site.

Questions

Is a recorded intent a vote?

No. Stock Tokens do not carry shareholder voting rights today. A record is a signed, weighted statement of what a holder would want, and every tally, receipt and export says so.

Where do the items come from?

Each issuer's DEF 14A on SEC EDGAR. Every item links to the filing it was read from, and where the two differ the filing governs.

How is weight worked out?

The contract reads balanceOf and uiMultiplier for your wallet at the moment it accepts the record, and counts the smaller of that figure and the one you signed.

What if I sell after recording?

At settlement every weight is read again and the smaller figure counts. Weight can fall; it never rises.

Why is my share-equivalent different from my token balance?

The multiplier. Splits and dividends move the ratio, never the token count, so a balance of 10 tokens can be 10.03 share-equivalents.

Does Tally need an approval?

No. There is no allowance to grant and nothing to revoke. Tally makes read calls and takes signatures.

Who pays the gas?

Tally does, through a relayer that owns nothing and can change nothing. A holder who prefers to pay their own gas can send the same signed record to the contract themselves.

Is redemption available?

No. In-kind redemption is on the issuer's roadmap. The queue records demand and acknowledgements per security so the file is complete before any window opens.

Is there a $TALLY token?

The launch is coming, and the address will be published on the token page first. It carries no weight in any count: intent weight is the share-equivalent of the Stock Token a wallet holds.

Does Robinhood endorse this?

No. Tally is independent of Robinhood Markets, Robinhood Assets (Jersey) Limited and every issuer named here.

Robinhood Chain, chain id 4663/TallyBook verifies every record on chain/nothing on this page is investment, legal or tax advice