Legal · last updated 1 September 2026

Terms, risks, and what this actually is.

Status

drippa is not deployed. No contract exists, no token has been issued, and no distribution has occurred. Nothing on this site is an offer to sell, a solicitation to buy, investment advice, or a recommendation of any asset. If you are looking for advice about your finances, speak to somebody licensed to give it.

Where the distribution comes from

The stock tokens distributed by drippa are purchased on the open market with fee revenue the protocol collects from trading activity. They are not dividends declared or paid by any company, and no issuer, exchange, or corporation is party to the distribution.

The consequence is straightforward and worth stating: distributions depend entirely on trading volume. If volume falls, distributions fall. If volume stops, distributions stop. There is no reserve, no yield source, no guaranteed rate, and no floor.

What a stock token is

Robinhood stock tokens, including the tokenized LLY this vault buys, are instruments that track the price of an underlying share. Holding one gives economic exposure to that price. It does not make you a shareholder.

• No ownership of the underlying company.
• No voting rights and no shareholder rights.
• No entitlement to corporate dividends or distributions from the issuer.
• The instrument carries the credit risk of its issuer, separate from the price risk of the underlying share.

Stock tokens can fall in value. A distribution paid in a stock token is worth whatever that token is worth when you sell it, which may be less than it was worth when it was bought.

Availability

Tokenized stock instruments are not available in every jurisdiction, and availability can change. The protocol reads an on-chain instrument registry that records which instruments are cleared for which jurisdiction profile, and refuses to purchase an instrument that is not cleared for the profile it operates under.

You are responsible for whether interacting with this protocol is lawful where you are. Access to this site is not an assurance that it is.

Protocol risk

• Smart contracts can contain bugs. An audit reduces that risk and does not remove it.
• Purchases route through third-party liquidity venues and price feeds. Those can fail, go stale, or be manipulated. The protocol bounds each purchase with a slippage ceiling, a staleness ceiling, and an execution-deviation check, and refuses the purchase rather than accepting a bad one.
• A purchase that fails is retried in the next epoch. Repeated failures mean repeated epochs with no distribution.
• A guardian role can pause purchasing. It cannot move tokens, cannot change who is paid, and cannot prevent a claim or a transfer.
• The excluded-address list determines which balances earn weight. It is on-chain, readable by anyone, changed only through a timelock, and every change takes effect forward only. It cannot retroactively remove weight already earned.

No custody of your principal

There is no staking contract and no deposit. Your tokens stay in your wallet. The protocol never takes custody of them, never lends them, and never uses them as input to any trade. Claimable balances are payable only to the address that earned them, on that address's own call.

Taxes

Receiving a distribution may be a taxable event where you live. drippa does not report to any tax authority on your behalf and does not provide tax advice. Keep your own records.

Contact

The only accounts that speak for this project are linked from the footer of the home page. Anyone messaging you a contract address, an airdrop link, or a support request is not us.