THE DEAL
Creator fees from $PENIS trading on stonk.fun are withdrawn to the treasury, which buys the five tokenized stocks. Wallets holding 10,000+ $PENIS at the published snapshot claim them pro rata. stonk.fun is where $PENIS trades and where the fees come from; it does not distribute the stocks.
RISK
$PENIS is a memecoin. Creator-fee revenue depends on trading volume. Stock purchases and distributions are not guaranteed, and eligibility is decided at each published snapshot. These are tokenized stocks issued by Backed Finance, not registered shares: holding one carries no voting rights and no brokerage account, and the issuer retains a permanent delegate and a freeze authority over every one of them. Token prices can fall. Verify the contract and rules before trading. Not investment advice. PENIS Index is not affiliated with Palantir, Eli Lilly, Netflix, Strategy, SpaceX or Backed Finance.