Terms of use

What Follow is

Follow is software. It lets you hold, in your own onchain account, an approximation of a publicly disclosed portfolio using Robinhood Stock Tokens and USDG on Robinhood Chain, and it keeps that account in line with the portfolio as new disclosures arrive.

Follow is not a broker, an exchange, an investment adviser, or a fund. Nothing on this site is investment advice or a recommendation to buy or sell anything. Choosing whom to follow and how much to allocate is your decision alone.

Your Follow account

When you follow a portfolio, a small contract is created on Robinhood Chain that only your wallet can withdraw from. Follow's trading operator may rebalance that account between the Stock Tokens and USDG on an approved list, through an approved exchange. That operator permission does not authorize withdrawals. Separate wallet-signing permission, if enabled, lets Follow sign approved actions with your wallet, including moving money between your own accounts. Manage sales from Portfolio and wallet signing from Account. Sales remain subject to price limits and available liquidity. See how permissions work.

Follow never holds your private keys. If you lose access to your wallet, Follow cannot recover your account for you.

Fees

Follow charges 0.10% of each purchase it makes from the money you put in, when you start following and when you add, and 0.50% of each trade it makes for you afterwards: each buy and each sell that keeps your account on the portfolio when it updates, and each sale when you take money out or stop following. Both are taken in USDT inside the same transaction. The account contract refuses any rate above 1% per trade; that ceiling cannot be changed without a new account version and your consent. There are no other Follow fees: no yearly fee, no conversion fee and no performance fee. Portfolios published by other users carry that creator's yearly fee, described below. Network fees, the market maker's share of a fill and any route provider's fee on a conversion are paid to them, not to Follow.

Portfolios published by other users

A Follow user can compose a portfolio from the tokenised stocks Follow can hold and publish it. Following it works exactly like following a curated portfolio: your account mirrors the weights the creator set, and when the creator publishes a new version your account is rebalanced to match. The creator sets a yearly fee, at most 5%, on the USDT you put in (less what you take out). It accrues by the second and is paid in USDT from your account when you take money out or leave, or when Follow collects it; Follow keeps none of it. The rate you agree to when you follow is written into your account; the creator can lower it for everyone but can never raise it on you. The creator's own account pays no creator fee.

Creators publish their portfolios as information, not as investment advice, and Follow does not vet them. A creator's stake shown on their page is read from the chain at the time of the page. Follow may take a published portfolio off Explore; followers keep their accounts and the last version either way.

Risks you accept

• Public portfolios are delayed and incomplete. Congressional disclosures can arrive up to 45 days after a trade, report ranges rather than exact amounts, and never show cash or leverage. Every weight Follow shows is an estimate.
• Coverage is partial. Holdings that have no Stock Token, and options, shorts, bonds, funds, and crypto, are never imitated. Their share stays in USDG, so your account will not move like the source portfolio in those parts.
• Smart contracts can have bugs. Follow's contracts are not upgradeable and have been tested, but they have not been audited by an independent firm at the time of this draft. You could lose everything in your account.
• Markets move. Stock Tokens can fall in value, trade thinly, be paused by their issuer, or lose their peg to the underlying share.
• Nothing here is guaranteed: not performance, not uptime, not that a disclosure will be processed at any particular time.

Who may use Follow

Robinhood Stock Tokens are not offered to U.S. persons. Follow refuses to move money for visitors it detects in the United States and asks everyone else to confirm they are not a U.S. person before their first deposit. You are responsible for making sure that using Follow is lawful where you live. You must be at least 18.

Where the data comes from

Disclosures come from Quiver Quantitative, which compiles them from mandatory public filings. Prices and token information come from Robinhood Chain and the issuer of the Stock Tokens. Follow processes this data but does not warrant its accuracy or timeliness.

Limitation of liability

Follow is provided as is. To the fullest extent the law allows, Follow and the people who build it are not liable for any loss arising from your use of the software, including losses caused by delayed or wrong data, contract failures, network outages, or market movements.

Changes

These terms can change. Material changes are shown in the product before they take effect. The fee rate can move only within the ceiling described above.