Toko · Phase 2 · Consistency reference

Vendor buyback — states gallery.

Mock for vendor buyback — Phase 2, ships with the collectable-cards launch (rulings R82–R85, 2026-07-23), per Design Documentation/Phase2/vendor-buyback-design.md. A vendor may offer to buy a newly claimed token back from the purchaser within a window after the claim, on a dedicated buyback record (the shared offer system stays deferred past marketplace v1). Gated in Phase 2 by the RWA archetype; a Project Mastery unlock opens it to other projects later. Configured per vendor (buyback_margin_pct) — never part of a revenue preset.

01Vendor creation · buyback configurationVendor-level settings: on/off, the window (3 minutes – 1 week after each claim), and the margin (0–20%). The fee breakdown makes the guarantee visible: beneficiary costs and the Toko share of the original claim are always recovered first, so a buyback never costs the project money; the margin is the only creator-set variable (0% = buy back at cost).

Studio/Little Leaf Guardians/Vendors/New vendor

Buyback

Available · RWA collection

Offer to buy each claimed token back from its purchaser, for a limited time after the claim.

Buyback window

Profit margin

% (0–20)

Original claim price2.00 ICP

Always recovered — beneficiary costs + Toko share0.30 ICP

Profit margin (10%)0.20 ICP

Holder receives on buyback1.50 ICP

Set at the vendor level — buyback is never part of a revenue preset. Each claim holds back only its own buyback amount; the rest settles immediately, and the hold releases when that claim's window ends.

02Not available · non-RWA collectionIn Phase 2 buyback is available to vendors of gated RWA collections only (R83). For other collections the vendor-creation flow shows the section as unavailable with a short pointer — no inline requirement lists. A Project Mastery unlock (Economy branch) opens it to other projects in a later release.

Buyback

Available for vaulted RWA collections in this release. Other projects will unlock it later through Project Mastery.

03Redeem flow · redemption cancels the offerBuyback and physical redemption are strictly either/or (R85). Requesting shipment cancels the buyback offer — shipping is never delayed by an open window — and an accepted buyback means the token is back with the vendor, so it can no longer be redeemed. The redeem confirmation says so plainly. (The old Go-Live no-end caution is gone: rolling per-claim escrow, R84, means funds only ever wait on their own window.)

04Public vendor page · buyback termsCollectors see the terms before claiming: that a buyback is offered, the window, and whether it's at cost or at a margin (with the effective buyback price).

Buyback offer

Included

Change your mind after claiming? This vendor will buy your token back within 3 days of your claim, for 1.50 ICP (claim price 2.00 ICP, 10% margin). The offer appears in your wallet right after you claim. Redeeming the physical card cancels it.

05After the claim · the offer in the holder's walletThe holder sees a live offer with a countdown (a dedicated buyback record — it migrates onto the shared offer system when that ships). Accepting returns the token to the vendor's inventory for re-sale. The offer is voided if the holder transfers, lists, stacks/splits or redeems the token. For gacha-style vendors the same prompt appears right after the reveal.

Note (not UI) — exclusions & open items

Buyback is not offered on auctions (no fixed reference price) and not applicable to burn-to-claim. Open, non-blocking: the Mastery branch + Reputation threshold for the later non-RWA path; revenue templates stay strictly per-vendor. Backend (@gabriel): buyback_margin_pct rename, ledger-fee convention for reserve payouts, per-claim reserve accounting. Source: Design Documentation/Phase2/vendor-buyback-design.md (rulings R82–R85, 2026-07-23).