Labs
Tokenized stock rights comparator
Acquire a fictional position, change its reference price, request a vote or underlying delivery, and inspect how the contract responds.
Fictional educational scenarios. No wallet connection, live transaction or investment recommendation.
Choose a scenario
Changing scenario starts a fresh run and clears the assessment.
The fictional holder is on the share register, can vote once, and receives a stipulated company cash event. “Delivery” moves the share to another registered account; it is not an issuer redemption promise.
Reset restores all initial balances, scenario, inputs and learning-check state. Nothing is saved or sent.
Scenario assumptions
- All structures use a fictional USD 100 entry price per unit and USD 2,000 starting cash. The reference price is entered by you and is never a market quote.
- Fully paid structures commit the entry value; the perpetual commits 20% margin (5× initial leverage). Close uses the entered reference price with no spread, tax or liquidity limit.
- Income-capable contracts pay one stipulated USD 1 per unit cash event. A perpetual instead permits one 0.1% notional funding debit, rounded up to a cent. Derivative close can leave a debt; use the margin lab for maintenance/liquidation.
Participants and responsibilities
Investor holds the selected instrument; company, token issuer or derivative counterparty carries its own obligations; registrar/custodian records depend on the selected fictional contract.
Holder claim
Select a structure to inspect the specific holder claim. Identical price exposure does not grant identical shareholder, delivery or cash-event rights.
Failure and recovery
A simulated service failure freezes actions. “Restore service” assumes the same records are reconciled; it does not model bankruptcy recovery or guarantee compensation.
Simulation ledger
Current state:No position / funding yet
- Free cash / debt
- $2,000.00
- Position units
- 0 units
- Reference / mark price
- $100.00
- Committed value / collateral
- $0.00
- Contract cash event
- $0.00
- Funding paid
- $0.00
- Underlying units delivered
- 0 units
Latest result · Scenario update
A fresh scenario is ready. Read its assumptions, then run an action.
Run the mechanism
Actions follow the contract. You can try a blocked action to inspect why it is rejected; rejected actions preserve the ledger.
Check your understanding
Which evidence determines whether a token holder can vote or receive the underlying share?
Attempts: 0