Question 1

What backs POWL?

Accepted Answer

POWL (Powell Industries, Inc. • Robinhood Token) is backed by Tokenized public equity (1:1 backed).

Question 2

Can I trade POWL 24/7?

Accepted Answer

Yes — POWL trades on-chain 24/7/365, including weekends when traditional markets are closed.

Question 3

Is POWL permissionless to buy?

Accepted Answer

Partly — POWL trades permissionlessly on secondary DEX pools, but minting or redeeming directly with the issuer requires KYC / accredited-investor eligibility.