YapTrade Docs
  • Introduction
    • What is YapTrade?
    • The YapTrade Marketplace
  • Core Trading Mechanisms
    • Kaito Voting Rights
    • Kaito Airdrop Rights
    • Smart Follower Trades
  • Security & Escrow
    • How Escrow Works & Vote Verification
    • Collateral, Refunds & Buyer Protection
  • Fees & Treasury
    • Fees
    • DAO Treasury, Flywheel Effect & Long-Term Vision
  • Fundraising & Token Launch
    • Fundraise
    • Tokenomics (Coming Soon)
  • FAQ & Community
    • Frequently Asked Questions
    • Join the Community
Powered by GitBook
On this page
  1. Core Trading Mechanisms

Kaito Airdrop Rights

Since Kaito Yaps are non-transferable, YapTrade provides a structured way to trade the airdrop rights instead. Sellers list their airdrop rights at a price they are willing to sell for, and both parties agree on a collateral amount to guarantee post-TGE delivery.

After both the buyer and seller send the agreed upon funds to escrow, the transaction is secured. When TGE occurs, the seller transfers the airdropped tokens to the buyer. YapTrade verifies the transaction, and only then are funds released to the seller and collateral returned. If the seller fails to deliver, the collateral is forfeited to the buyer, ensuring full protection.

PreviousKaito Voting RightsNextSmart Follower Trades

Last updated 4 months ago