01
Start at the source.
Signed holdings from custodians and brokers. zkTLS verifies data provenance, while independent attesters provide additional checks.
SIGNED DATA + zkTLSProof of backing for Robinhood Chain
Every share,
accounted for.
Real assets. Verifiable backing. A proposed native protocol connecting every tokenized share to the reserves behind it.
Transparent by design. Private by proof.
A vision for verified equities
Verified reserve data
Zero-knowledge verification
Enforcement on-chain
01 / The foundation
A share should come
with proof.
A token is a promise.
Sherwood is designed to make it verifiable.
Periodic reserve reports leave a gap between what an issuer says and what anyone can check. Sherwood proposes continuous verification, with rules that respond when backing falls short.
1 : 1One underlying share for every token.
Accounted for at the fractional level.
Accounted for at the fractional level.
02
Prove. Keep it private.
Zero-knowledge proofs verify that reserves cover token supply, without exposing private account information.
RESERVES ≥ TOKEN SUPPLY03
Make backing a rule.
Gate minting on proven reserves. Pause it if backing drops below 100% or an attestation becomes stale, and alert connected protocols.
PROOF-GATED MINTING04
Open for everyone.
Asset-level ratios, proof freshness, and attestation history. A shared interface for wallets, lending markets, DEXs, and oracles.
PUBLIC VERIFICATIONProof of reserve has an established foundation, including Chainlink Proof of Reserve. Sherwood’s proposed focus is native integration and equity-specific accounting.
02 / Nothing behind the curtain
The backing.
In plain sight.
A window into every asset’s reserves. Explore how backing and proof freshness would control minting.
Reserve overviewIllustrative data · interactive demo
| ASSET | BACKING | DEMO STATUS |
|---|---|---|
| 100.02% | Backed | |
| 100.05% | Backed | |
| 100.08% | Backed |
Select an asset to inspect its example backing.
TSLA / BACKING RATIODEMO
100.02%
Minimum backing requirement: 100%
- Reserved shares
- 1,000,200
- Token supply
- 1,000,000
Minting enabledReserves sufficient · proof within threshold
Proposed contract interface
isFullyBacked(token) → truebackingRatio(token)This is a simulation, not a live reserve feed. Figures do not describe real custodial holdings. Stale evidence pauses minting even when the last reported ratio is above 100%.
03 / Built around real equities
Markets have nuance.
Proof should, too.
Stocks split. Trades settle. Markets close. Sherwood’s design accounts for the details that make equity backing different.
A common verification layer could help wallets display a “Sherwood Verified” badge and let DeFi protocols evaluate tokenized collateral.
01Corporate actions
Splits and reverse splits adjust reserve and supply units together, so an accounting change does not look like a backing shortfall.
02Settlement in motion
Track T+1 shares separately as “in transit.” Keep settlement exposure visible and distinguish it from settled reserves.
03Market hours, understood
Apply explicit freshness policies for weekends, holidays, and trading halts. Report when the last evidence was received.
04Every fraction counts
Account for fractional shares with consistent precision across reserves and token supply, including rounding rules.
04 / The path forward
From visibility
to verification.
A phased proposal for more frequent evidence, independent checks, and protocol-level enforcement.
PHASE 01Proposed
Open the ledger.
Daily signed attestations, asset-level reserve ratios, and a public transparency dashboard.
PHASE 02Proposed
Strengthen the proof.
Hourly zkTLS evidence and independent attesters to verify the provenance of reserve data.
PHASE 03Proposed
Enforce the standard.
Near real-time verification, proof-gated minting, and automated circuit breakers for connected protocols.
Planned sequence. Delivery dates and production availability have not been announced.
The community
$SHAREWOOD
Follow the project. Join the conversation.
Keep every update in one place.
Contract addressComing soon
Coming soon
The contract address and community links will appear here when announced.
Don’t trust. Verify.