In short

Each trade pays a 1% fee, shared by the pool, stakers, a vault fund, the owner and Liquistate. Coins start at $20K or more, with deep pools so prices move less. This is no promise of gains: prices can fall.

How Liquistate coins work

A card coin lets lots of people own a slice of one vaulted graded card. Here is where the trading fees go, what holders earn, and what keeps the coin tied to the real card. Devnet only · subject to change

The short version

Devnet only. Every number is an example and subject to change. Not investment advice.

1. A real item in a vault

The item is verified and vaulted before its coin can launch.

2. 1% fee per trade

Shared between the pool, stakers, a reserve, the owner and Liquistate.

3. Stake to earn

Weekly SOL or USDC from fees, with a loyalty boost up to 2x.

4. A buyout floor

Buy the whole item at the higher of appraisal or the 30-day average market cap.

📘 Full detail: Fees and rewards · Staking · Buyouts · Basket coins · Starting pools · All docs

Why coins start lower

Like a house listed under its appraisal, a coin starts below the card's value so buyers have room to grow. Never below $20K. Cards and other collectibles under $20K go into basket coins.

1. $20K–$50K card

Starts at $20K

2. $50K–$250K

Starts at 40% of value

3. Over $250K

Starts at 30% (at least $100K)

4. Buyout stays at card value

The pool holds 60% of the start value in USDC.

Room to grow is not a promise: prices can fall too.

Treasury reserve

Like a company keeping some shares for staff rewards: you can set aside up to 30% of your coins for your coin's treasury (your own wallet), kept off the market for holder rewards later. Liquistate never holds your coins. The reserve is locked on-chain in your name. How it's locked They're locked for 30 days, then unlock in 12 equal monthly amounts, which you claim on the coin page. The start value stays the same, but fewer coins go in the pool, so trades move the price more.

Think of it like owning shares

If you have ever owned a stock, you already get most of this.

1. The card is the company

One real graded card sits in the Legacy vault, the way a company owns its buildings.

2. Coins are the shares

The card's coin splits ownership into lots of small pieces anyone can buy or sell.

3. Staking is like a dividend

Lock your coins and you get a weekly cut of trading fees in SOL or USDC, like a dividend check.

4. A buyout is like a takeover

If someone buys the whole card, holders get paid out at the buyout price, like shareholders in an acquisition.

What could I earn?

Rough weekly estimate for staking a card's coin. Stakers share 0.25% of all trading, split by how many coins each person stakes times their loyalty boost (1x up to 2x after 12 months). We assume other stakers average 1.5x.

Daily trading $ Your share of staked coins % Months staked

Example math on devnet settings, not a promise of income. Fees only exist when people trade.

Try the numbers

Enter a card's appraised value to see its tier, the starting pool and how the fee splits on $1,000 of trading. The coin starts at its tier's starting value; the pool holds 60% of that in USDC.

Guides by asset class

Cards · Other collectibles · Real estate · Cars · Stock pairs · Baskets · Risks and FAQ