LiquistateDocs / Guide: Cars
Guide: Cars
In short
A collector car is checked, insured and kept in climate-controlled storage. Then it can get its own coin. Cheaper cars can join a basket.
Collector cars in climate-controlled storage.
Words used on this page
- USDC: a digital dollar. One USDC is meant to be worth $1.
- Devnet: Solana's test network. Coins there have no real value.
- Pool: a pot of coins and USDC that people trade against. A deeper pot means steadier prices.
- Staking: locking your coins for a while to earn a share of fees.
- Vesting: coins that unlock bit by bit over time instead of all at once.
- Appraisal: an expert's written estimate of what an item is worth.
Think of it like: a classic car in a museum garage, and you own a share of it.
Starting pool
| Value | Pool (USDC) |
|---|---|
| Under $25K | Garage basket (3 to 10 cars) |
| $25K – $250K | 50% of appraisal, at least $12.5K |
| Over $250K | 35%, at least $125K |
Fee split (of the 1%)
Pool 0.25% · Liquistate 0.25% · stakers 0.20% · care reserve 0.20% (storage, insurance, upkeep) · owner 0.10%.
Owner
Keeps at most 20%: 6/24 vesting (12/36 over $250K).
Usage rules
- No driving except maintenance runs: at most 250 logged miles a year.
- Odometer and condition photos every quarter.
- Shows only with a holder vote and insured transport.
- The launch keeps about 24 months of storage and insurance costs in reserve.
Example
A $150K classic starts with a $75K pool.
Checklist: Verification · Size check: What fits my item?
Example numbers · subject to change · Solana devnet only · not investment advice