Docs Introduction How It Works Tiles & Prices Buyouts Rewards & Fees For Creators Smart Contract FAQ

Buyouts

How Buyouts Work

Anyone can buy you out at your listed price — at any time, for any reason, without your permission.

How Buyouts Work

The mechanics of forced-sale ownership transfer.

Every tile is always for sale at its listed price. If you hold a tile listed at X SOL, anyone can execute a buyout by paying exactly X SOL. A 2% fee is deducted from that amount and distributed — you receive 98% of your listed price. The entire transaction is atomic — you receive your payout in the same transaction that transfers ownership to the new holder.

⚡ Buyouts are permissionless and instant. No approval needed from the current holder. You name your price, and anyone can take you up on it — after the 20-minute protection window from your acquisition has elapsed.

Buyout Transaction — Atomic Steps

1. Buyer pays listed priceExactly the tile's listed price — no extra fees on top

2. 2% fee deducted from price1% pool + 0.4% creator + 0.6% treasury

3. Previous holder paid outReceives 98% of the listed price

4. New holder setBuyer's tile lists at listed_price × 1.2 (default multiplier)

Seller receives 98% of listed price

The 2% fee comes out of the listed price — it is not added on top of what the buyer pays. A 1.00 SOL listing pays the seller 0.98 SOL.

New holder auto-lists at 1.2×

After a buyout, the new holder's acquisition_price is set to the price they paid, and the tile lists at 1.2× that. They can adjust anytime with set_price or set_multiplier.

Protection window applies

Buyouts can only happen after the current holder's 20-minute protection window has elapsed. This window resets on every acquisition — the new holder is also protected for 20 minutes.

Fee Breakdown

Where the 2% buyout fee goes.

The 2% fee is split three ways. All three receive their share atomically in the same transaction — creator and treasury fees are transferred directly; the pool fee stays in the vault and is credited to the reward accumulator.

Fee Split (2% of listed price, taken FROM the price)

1% of price→ Equal-per-tile reward accumulator (all holders)

0.4% of price→ Grid creator wallet (direct transfer)

0.6% of price→ GridCore treasury wallet (direct transfer)

Full Cost at 1.00 SOL Listed Price

Buyer pays1.00 SOL

1% fee → accumulator0.01 SOL

0.4% fee → creator0.004 SOL

0.6% fee → treasury0.006 SOL

Seller receives (98% of price)0.98 SOL

✓ First claims (empty tiles) have no seller to pay out — the buyer pays the starting price, the 2% is distributed the same way, and 98% of the starting price stays in the vault.

Real Examples

Three scenarios with exact SOL amounts.

Scenario A — Grid starts at 1.00 SOL, Alice claims first

Alice pays (starting price, no seller fee)1.00 SOL

2% fee (from vault)0.02 SOL split to pool/creator/treasury

Alice's listed price (1.00 × 1.2×)1.20 SOL auto-set

Scenario B — Bob buys Alice out at her 1.20 SOL listed price

Bob pays1.20 SOL

Alice receives (98% of 1.20)1.176 SOL

Alice net (paid 1.00 → received 1.176)+0.176 SOL profit ✓

2% fee (0.024 SOL) split 3 ways:1% + 0.4% + 0.6% = 2%

↳ 1% → accumulator0.012 SOL

↳ 0.4% → creator0.0048 SOL

↳ 0.6% → treasury0.0072 SOL

Bob's listed price (1.20 × 1.2×)1.44 SOL auto-set

Scenario C — Carol buys Bob out at his 1.44 SOL listed price

Carol pays1.44 SOL

Bob receives (98% of 1.44)1.4112 SOL

Bob net (paid 1.20 → received 1.4112)+0.2112 SOL profit ✓

2% fee (0.0288 SOL) split 3 ways:1% + 0.4% + 0.6% = 2%

↳ 1% → accumulator0.0144 SOL

↳ 0.4% → creator0.00576 SOL

↳ 0.6% → treasury0.00864 SOL

Break-Even Guide

When do you profit from a buyout?

Because tiles auto-list at 1.2× the acquisition price, every holder starts in a profit position — if bought out at the auto-listed price, they receive 98% of 1.2× = 1.176× their cost. The 2% fee is already covered by the 20% markup. Your break-even depends on your listed price and any reward income collected while holding.

Break-Even at Buyout (ignoring rewards)

Bought out at auto-listed price (1.2×)+17.6% profit (98% × 1.2 − 1.0)

Bought out at higher price (1.5×)+47% profit (98% × 1.5 − 1.0)

Bought out at manually-lowered price (1.0×)−2% loss (paid price, got 98% back)

Break-even listed price≈ 1.02× acquisition_price (98% of that = 100%)

⚠ You can only lower your price down to the multiplier floor (default 1.2× acquisition_price). So without explicitly choosing a lower multiplier, the minimum payout on buyout is already profitable. The risk is if a grid becomes inactive and you never get bought out.

Rewards reduce your effective cost

Every buyout in the grid sends 1% of the tile price to the accumulator, split equally across all holders. If you hold through multiple buyouts you earn SOL on top of your eventual profit at exit.

Inactive grids carry opportunity cost

If a grid sees no buyouts, no rewards flow and your only exit is abandonment (which costs an exit fee and returns nothing). Choose grids with genuine community activity.

Best strategy: hold in high-activity grids

High buyout volume generates more accumulator income. The ideal tile is one in an active grid where you collect meaningful rewards while waiting for your price to be met.

How the reward accumulator works