# Stud tokens rights (at 1/1000 scale)

A Stud token entitles you to :

* 1/1000th of the profits generated annually by breeding in France (= income less management and insurance costs);
* 1/1000th of the sale price of the horse in the event of transfer - sale expenses (transfer conditions are defined contractually) ;
* 0.05% of profits from sales of foreign-bred breeding stock
* 0.05% royalties indexed to race winnings, in France and abroad
* Regular information on the foal via a private discussion group.
* participation in decisions on proposals made by POD governance by vote (1 token = 1 vote)

 

In this way, if the foal qualifies for the races and then becomes a stallion, the profits from the covering will be pooled and paid out to the Racing POD owners.

The costs of raising, boarding and caring for the foal throughout its life are estimated by POD and included in the initial sale price of the Racing POD token. This means that no essential expenditure is required.

In the event of the death of a foal in its first two years, the platform undertakes to offer another foal of the same value to the token owners (same price as at the initial sale).


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