Holder distributions
Understand the NVDA stock-token allocation and the evidence required before a distribution is reported.
The 60% policy is defined. Eligibility, acquisition, snapshots, and delivery are not enabled.
The holder allocation
The policy earmarks 60% of net converted ZEC proceeds for acquiring NVDA stock tokens on Robinhood Chain for eligible $OLM holders.
Eligibility remains undecided
No holding period, snapshot date, or weighting formula has been selected. The project must publish a versioned policy defining the measurement period, qualifying balances, transfer treatment, and recipient eligibility before enabling delivery.
Snapshots, purchases & exclusions
Before activation, the policy must say whether a purchase after a snapshot affects only a later period, how transferred balances are handled, and how claims are associated with a specific snapshot. An account must not be told it is eligible under rules that have not been established.
- Define any excluded wallets and the reasons, including how custodial, liquidity, team, or contract accounts are treated.
- Specify a reproducible snapshot block, correction policy, and handling of missing or disputed data.
- Publish the weighting calculation, distribution frequency, delivery method, and any reserve treatment.
- Assess issuer eligibility and transfer restrictions separately from $OLM ownership.
Acquisition & delivery
- Record the confirmed ZEC payout, conversion, costs, and net settlement.
- Verify the NVDA asset contract against the official Robinhood Chain catalog.
- Record the purchase and the number of tokens actually acquired.
- Define the eligible-holder snapshot and allocation rules.
- Publish delivery transactions before reporting distributions as paid.
What NVDA means here
NVDA refers to stock tokens under the issuer’s terms. A holder distribution is separate from a NVIDIA corporate dividend. No individual token quantity or entitlement can be inferred from a ZEC receipt alone.
Robinhood describes its stock tokens as tokenised debt securities issued by Robinhood Assets (Jersey) Limited, with economic exposure rather than rights in the underlying company. Issuer eligibility and jurisdiction restrictions can prevent delivery to some $OLM holders.
Acquisition and delivery feasibility must be confirmed before activation. $OLM ownership alone does not satisfy the issuer’s conditions; a verified NVDA contract address alone does not establish that every holder can receive it.