Backers pledge toward the funding target on the card page, and the platform fee is added on top of each pledge. Once SlabStake buys the card, its shares are issued at what it really cost, one share for each dollar. A share can be owned to the cent, and whatever the card did not need comes back to your balance.
Each stage appears on the card’s page as it happens, and every cap table and log entry on the site is read from live data.
Listings are drawn from eBay’s PSA Store. Every certificate is checked against PSA’s registry before the card appears here.
Members pledge toward the target in any amount to the cent, and a pledge can be cancelled until the card is fully funded. The card page shows how far the pledges have come.
SlabStake buys the physical card and sends it to the PSA Vault. The shares are issued at the checkout cost, and each custody step is written to a public log.
Once the slab is vaulted, its shares trade in an order book at a price per share. A trade settles against wallet balances at once.
The card is sold when holders of more than half the shares support a sale. Each holder is paid their slice of the proceeds, to the nearest cent.
A listing that ends, or whose price rises before funding completes, fails the card. Every pledge is then returned in full with its fee, automatically, and no support request is required. When the price drops instead, the target drops with it and your pledge stays where it is. The card may also cost less than its target at checkout. Its shares are then issued at the real cost, and the rest of every pledge returns to your balance.
The real cost can also come in above the target. SlabStake pays a gap of up to 2% of that cost itself and holds the shares it buys. A larger gap goes to an admin, who may cover it all the same or reopen funding for 48 hours to raise the rest. If the admin cancels instead, or a reopened round ends still short by more than that margin, the card fails and every pledge comes back in full with its fee.
Crypto is the rail money travels on; the balance itself is always stated in US dollars. Amounts are recorded as whole cents on an append-only ledger, so your balance is the sum of its entries. No one edits that figure directly.
A pledge can start at US$1.00, and your shares are issued the moment the card is bought.
