Disclosures

Distributions to stakers come from treasury inflows: primary sales, secondary royalties, redemption fees and the swap-fee share. Those move with marketplace turnover, and the Stock Reserve is marked to market on top.

A fixed APY would therefore be a number we could not stand behind. Each epoch closes with a real budget and splits it by weight. Realised results are published after the fact and do not carry forward. An epoch can pay zero.

Prices come from Chainlink feeds. A delayed or wrong reading would misprice a card, potentially below what it cost to acquire.

Mitigations are in the contract, not the interface: staleness bounds, a check that the feed answered in the current round, a permitted price corridor, a deviation guard between quote and execution, and a multisig switch that disables equity payments outright.

Swapping the cost leg into USDG can fill materially worse than quoted when a pool is thin. Per-ticker order caps, a refusal to accept below a depth threshold, and a raised haircut outside regular hours all exist for that reason.

The SessionGuard closes the equity rail entirely when the calendar says the market is shut or the feed goes stale — the calendar can be wrong about an unscheduled halt, the feed cannot.

Accepting tokenized equities as payment is an operation involving tokenized securities, not a memecoin. KYC obligations, jurisdictional restrictions, transfer restrictions on the tokens themselves and reporting requirements may all apply.

A legal opinion is required before the payment module is enabled in production, and it has to come before the technical release rather than chase it.

Physical cards sit with a third-party custodian. That requires inventory insurance, regular audit, a public status registry and a defined procedure for when the registry and the physical shelf disagree.

Parcels are insured individually. Operational risk of loss or delay remains and does not disappear because a token was burned.

An ERC-721 representing a claim on one specific graded card in custody. Its value tracks a collectibles market that is illiquid, sentiment-driven and capable of falling sharply.

Redemption is irreversible. Once the custodian dispatches, the token is burned and there is no path back to a tradeable position.

Pokémon and Charizard are trademarks of Nintendo, Creatures Inc. and GAME FREAK Inc. Charizcard is not affiliated with, endorsed by or sponsored by any of them.

Card images identify the specific physical collectibles held in custody. The product uses no protected logos or character artwork of its own. That said, the naming and ticker lean on someone else's recognition, and dropping the graphics does not remove that exposure — a trademark claim against the word mark remains possible. A neutral fallback name is kept ready so a change would not mean rewriting contracts and domains under pressure.