Binance bStocks Will Reinvest Oracle And Marvell Dividends Onchain
TL;DR Binance will support cash dividends for Oracle and Marvell bStocks holders. After taxes, fees and other deductions, the net dividend will be reinvested into additional fractions of ORCLB or MRVLB rather than paid as cash. Onchain holders will receive the economic adjustment through a multiplier change, highlighting how corporate actions have to be translated […]
Key Takeaways
- TL;DR Binance will support cash dividends for Oracle and Marvell bStocks holders.
- After taxes, fees and other deductions, the net dividend will be reinvested into additional fractions of ORCLB or MRVLB rather than paid as cash.
- Onchain holders will receive the economic adjustment through a multiplier change, highlighting how corporate actions have to be translated […]
Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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