Fiery greetings, friends!
I dived under the hood of bStocks — there’s a lot of interesting stuff there.
I want to break down Multiplier in simple terms. It seems like a technical coefficient, but it plays an important role in bStocks’ architecture.
The interesting part starts during corporate events.
Let’s imagine a company is doing a stock split. For a traditional stock, everything is clear — the number of shares changes and the price is adjusted.
But a bStock lives on a blockchain.
You need to synchronize the economics of the real share with how the token is read on-chain.
That’s where Multiplier comes in.
It allows you to change the effective balance without rebuilding the token’s underlying record.
And dividends are also fascinating — the result of reinvestment can be reflected through Multiplier so the economic impact doesn’t get lost.
The token remains a token, but its economic value adapts to what happens with the real stock.
Multiplier is, for me, a bridge between a traditional share and its on-chain version.
Tokenization is more than just issuing a BEP-20 token.
#bStocksCIS @BinanceCIS
I dived under the hood of bStocks — there’s a lot of interesting stuff there.
I want to break down Multiplier in simple terms. It seems like a technical coefficient, but it plays an important role in bStocks’ architecture.
The interesting part starts during corporate events.
Let’s imagine a company is doing a stock split. For a traditional stock, everything is clear — the number of shares changes and the price is adjusted.
But a bStock lives on a blockchain.
You need to synchronize the economics of the real share with how the token is read on-chain.
That’s where Multiplier comes in.
It allows you to change the effective balance without rebuilding the token’s underlying record.
And dividends are also fascinating — the result of reinvestment can be reflected through Multiplier so the economic impact doesn’t get lost.
The token remains a token, but its economic value adapts to what happens with the real stock.
Multiplier is, for me, a bridge between a traditional share and its on-chain version.
Tokenization is more than just issuing a BEP-20 token.
#bStocksCIS @BinanceCIS
