Trust & Transparency
This page is provided for informational purposes only and is subject to the disclaimers set out in Disclaimers.
How Assets Are Protected
Every Stove token is fully backed, on a 1:1 basis, by the corresponding underlying security.
- Backing. Tokens are created only against securities actually acquired, so the supply of each token stays matched to the securities held in custody. The protocol does not issue exposure it has not backed.
- Custody. Through Stove's global compliance network, the underlying securities are held with qualified, regulated brokers. Holding them with regulated custodians keeps them segregated from on-chain operations and subject to those custodians' regulatory obligations.
The full legal framework governing the tokens — including how the backing assets support holders' claims — is set out in the offering documents, which are made available to investors who complete onboarding.
Minimal Compliance Statement
- Stove tokens are debt instruments issued by the Issuer that provide holders with economic exposure to an underlying publicly traded security. They are not shares, and do not confer voting rights, shareholder information rights, or other shareholder rights in the underlying company.
- Tokens are offered and sold only to eligible non-U.S. persons, outside the United States, in reliance on Regulation S under the U.S. Securities Act of 1933, as amended. See Eligibility & Access.
- Tokens have not been registered under the U.S. Securities Act or the securities laws of any other jurisdiction, and may not be offered or sold in the United States or to U.S. persons absent registration or an available exemption.
- The complete terms governing the tokens are set out in the offering documents, provided to investors upon onboarding.
Smart Contract Audits
Stove's smart contracts have undergone an independent security audit by BlockSec.
The audit report is publicly available here: BlockSec — Stove Protocol v1.0 audit report.
No smart contract can be guaranteed to be entirely free of risk. Audits reduce, but do not eliminate, the possibility of undiscovered vulnerabilities. Holders should review the risk disclosures (see Disclaimers) before interacting with the protocol.