Post by xtremewrld7 about NVIDIA xStock ($NVDAx)
@xtremewrld7Stock•2
$NVDAx I found the dividend/rebasing mechanism particularly interesting. Instead of paying a separate cash dividend, xStocks says corporate actions can increase the holder's token balance while keeping the overall value reflected onchain. Since NVDAx is also being integrated into Solana DeFi, including lending infrastructure like Kamino, how does the rebasing work for NVDAx when it's used as collateral or deposited into a DeFi protocol? It seems like an important detail for composability that isn't immediately obvious to users.