# kaal:claim:5583610-003

**Claim.** Liquid Equity Rewards is defined as a blockchain enabled system that grants verified holders of stock or tokenized equity time-weighted, utility-only rewards rather than financial yield.

**Type.** definitional  **Support.** asserted

**Source quote.**

> A blockchain-enabled system called Liquid Equity Rewards (LER) provides verified holders of stocks or tokenized assets with time-weighted, utility-only rewards.

**From.** Wulf A. Kaal, *Liquid Equity Rewards in Corporate America* (2025), 1. Introduction, page 3

**Cite as.** Wulf A. Kaal, Liquid Equity Rewards in Corporate America (2025). SSRN: https://ssrn.com/abstract=5583610

**Verify.** sha256 of source PDF `2d73609d95ddb1573acc2a9e7af617fbe6283d6e591deb6317f6d5d804517c62` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202025%20-%20Liquid%20Equity%20Rewards%20in%20Corporate%20America.pdf

**Topics.** tokenomics, governance-design, corporate-governance

**Keywords.** liquid-equity-rewards, tokenization, corporate-governance, definition

**Related claims.**

- restates: https://wulfkaal.github.io/claims/5454054-001

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