Collateral, Refunds & Buyer Protection

To ensure buyer security, YapTrade implements strict collateral requirements for Kaito airdrop rights sales. If a seller fails to deliver, their collateral is forfeited to the buyer, ensuring that buyers are fully compensated for non-compliance.

If the agreed amount is not reached, the buyer will receive a full refund solely for the missing votes, including the corresponding fees for those missing votes only.

For example, if the agreement is for 1 million votes at $20k including fees, but only 900k votes are delivered, the buyer would receive a full refund for solely the 100k missing votes and the fees related to those 100k votes, which would amount to $2k. The rest of the payment, $18k, for the 900k delivered votes, would not be refunded.