B20 Incentive Program
Earn 2% cashback for holding Coinbase tokenized stocks on Definitive. Runs 8 weeks starting July 29.
Overview
Coinbase tokenized stocks are now tradeable on Definitive. These are real US equities, issued by Coinbase as B20 tokens on Base and backed 1:1 by shares held in regulated custody.
Alongside the launch, we've partnered with Merkl on an 8-week cashback program. Hold eligible tokenized stocks in your Definitive vault and earn 2% cashback, paid directly to you every two weeks.
How it works
The program runs for 8 weeks, split into four 2-week epochs. Each epoch works the same way:
Buy any eligible tokenized stock on Definitive. Any amount qualifies you for the program.
Trade as much as you want during the epoch. Your activity doesn't affect your rewards. Only your balance at the end of the epoch counts.
Hold at the snapshot. On the last day of each epoch, your tokenized stock balance is snapshotted. That balance determines your cashback.
Get paid. After the epoch closes, 2% cashback is calculated on your snapshot balance and sent directly to your vault by Merkl.
Cashback is capped at $10 per wallet per epoch. Holding $500 or more at the snapshot earns you the maximum. Each epoch is independent, so you can earn the cap up to four times over the program.
Eligible tickers
Tickers roll out in weekly waves. Once live, a ticker stays eligible for the rest of the program.
Week 1
NVDA, META, AAPL, GOOG
Week 2
AMZN, SPCX, INTC, SNDK
Week 3
COIN, MSTR, CRCL, TSLA
FAQ
What is an epoch?
A 2-week reward cycle. The program is made up of four consecutive epochs. Each one ends with a balance snapshot that determines that epoch's rewards.
Do I need to hold for the full two weeks?
No. Only your balance on the last day of the epoch matters. You can buy, sell, and rebalance freely during the epoch.
When do I receive my cashback?
After each epoch closes. Rewards are calculated on your snapshot balance, validated and screened by Merkl, then distributed to your vault.
Can I earn in multiple epochs?
Yes. Every epoch is a fresh snapshot, so you can qualify in all four.
What are tokenized stocks?
B20 tokens on Base issued by Coinbase, each backed 1:1 by a real share held in regulated custody. Dividends and stock splits are passed through onchain automatically, so your position tracks the real equity without you doing anything.
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