Owning a Tile
How to claim, price, and manage a seat in any Gridsteal grid.
Claiming a Tile
What happens when you take an empty seat.
Each grid has 100 tiles identified by seat index 0–99. An empty tile has no holder — you can claim it by paying the grid's starting price plus a minimum 5% deposit. There is no buyout fee on first claims; you're simply taking an unoccupied seat.
The moment the transaction confirms you are the tile holder. Harberger tax starts accruing against your deposit immediately.
When claiming you provide your desired listed price directly. Your deposit is calculated as 5% of that price. No cooldown needed — you choose your price upfront.
Your 5% deposit is what Harberger tax drains from. When it runs out the tile becomes claimable at starting price. Keep it topped up.
Setting Your Price
The Harberger trade-off: tax what you list.
Your listed price serves two functions simultaneously: it is both the tax base you pay on (5% per month) and the price anyone can buy you out for. This is the Harberger mechanism — you must be honest about value because overpricing costs you in tax, and underpricing makes you trivially buyable.
Every second, 5%/month × (elapsed / 2,592,000) × price is deducted from your deposit. At 1.00 SOL listed price the monthly tax is 0.05 SOL (~0.00167 SOL/day).
The 20-minute cooldown applies to each tile individually. Multiple tiles can be re-priced at different times.
Once a new price is confirmed on-chain, anyone can execute a buyout at that price straight away.
Managing Deposits
Topping up and withdrawing collateral.
Your deposit is the collateral that funds ongoing tax payments. It also determines your share of the reward accumulator — a larger deposit means proportionally more reward income. You can add to or withdraw from your deposit at any time, subject to the minimum floor.
When your deposit hits zero, anyone can claim your tile at the grid's starting price. You receive nothing. Monitor your runway in the interface.
Add deposit whenever you like. The interface shows your estimated runway so you can plan ahead.
If you over-deposited, pull out the excess (down to the 5% floor) at any time. No cooldown on withdrawals.
Abandon Seat
Voluntarily giving up your tile and reclaiming your deposit.
If you no longer want to hold a tile, you can abandon it. This refunds your remaining deposit and resets the tile to an unowned state at the grid's starting price. Tax is accrued up to the moment of abandonment before the refund is calculated.