Docs / Buyouts, redemption and merges

Buyouts, redemption and merges

How a coin can end, and how quiet coins keep earning.

Think of it like: a takeover. If someone buys the whole company, shareholders get paid at the offer price.

Buyout floor

Anyone can buy the whole item for the higher of its appraisal or the coin's 30-day average market cap. The cash goes to holders, and their coins are burned.

Redemption

Whoever holds 100% of the coins can redeem the real item (they pay shipping, transfer and taxes).

Real estate

Selling a property needs a 66% holder vote, or any offer at 1.5x the floor passes automatically.

Merge votes

If a coin goes quiet (90 days, or under $500 of trading), holders can vote to fold it into a basket. It needs 20% of coins voting and a majority yes. Holders swap at backing value.

Example numbers · subject to change · Solana devnet only · not investment advice