RATUM

Powers

Who can change a tokenised stock.

Every Robinhood Stock Token on this chain is a beacon proxy — 283 bytes of code that asks one shared address for its implementation on every call. So “who can change this token” is not a question about the token. It has one answer, for all of them.

The beacon they all point at

0xe10b6f6b275de231345c20d14ab812db62151b00

Currently serving implementation

0xb35490d6f9163de4f80d88dc75c3516eb64c5ae2

Read on this request. This value has changed before — the beacon emitted an Upgraded event at block 657,134 — so it is not a constant, and neither is the behaviour of every token behind it.

Who holds DEFAULT_ADMIN_ROLE on it

0xd6f8378f8e440c65f8382f5f2728c78dfd55b66d

What kind of hand

A PLAIN WALLET

no bytecode — one private key, no quorum, no delay

Transactions signed

2

exposure, not activity

Verified with a live hasRole call, not read from event logs. Logs supply candidates only: this beacon granted a role at block 616,387 and revoked it at 618,536, so a grant in the history is not a power today.

What the role can do: DEFAULT_ADMIN_ROLE grants and revokes every other role on the contract, including the one that replaces the implementation. It is upgrade authority one step removed, and the step is a single transaction.

What sits behind that one beacon

276,427 holders, on the tokens listed here

This list comes from the chain’s indexer and is what it returned on this page load, not a complete census of the chain. More stock tokens exist than are shown here.

What this page is not

Not an accusation. A shared beacon is an ordinary way to run a family of tokens, and being able to upgrade them is how an issuer fixes a defect without asking 195,000 people to migrate.

Not a claim of intent. Nothing here says anybody will do anything. It says what one key is currently able to do, which is a different sentence and the only one the chain supports.

The narrow point is this: an app on this chain can offer you twenty-six tokenised stocks and never mention that arrangement. Not because it is hidden — it is on the chain, in public — but because nobody had read it.

https://rpc.mainnet.chain.robinhood.com  ·  chain 4663