System Overview
Grail Index bridges one of the largest untapped collectible markets by transforming physical Pokémon grail cards into a liquid, investable asset class. This is made possible through a transparent vault system, an automated acquisition mechanism, and a Demand-Based Fee (DBF) structure that adapts with market activity.
The Vault System
At the core of Grail Index is the Grail Vault: a verifiable collection of the world’s most valuable and highly demanded Pokémon slabs. Every card in the Vault is authentic, graded, and certified, sourced directly from verified partners such as Prystine.gg, along with other institutional collectors and marketplaces.
The Vault represents the backbone of $GRAIL’s intrinsic value. Each new slab added increases the Vault’s total value (TVL), directly expanding proportional exposure to high-end collectibles for all $GRAIL holders.
Fee-Driven Expansion (DBF Mechanism)
Every trade of $GRAIL dynamically contributes to the Vault’s growth through the Demand-Based Fee (DBF) model. Instead of fixed fees, DBF automatically adjusts based on market conditions by capturing more value during high-volume cycles and easing friction during quieter periods.
Fee Flow (Constant Ratio): No matter how the dynamic fee adjusts, the allocation ratio always remains constant:
75% of collected fees → Vault Growth Pool (used to acquire new Pokémon slabs).
25% of collected fees → Buyback & Burn Reserve (reduces circulating $GRAIL supply).
Example:
At 4% total fee → 3% Vault Growth, 1% Buyback & Burn.
At 8% total fee → 6% Vault Growth, 2% Buyback & Burn.
At 2% total fee → 1.5% Vault Growth, 0.5% Buyback & Burn.
This ensures perfect proportionality between real-world accumulation and deflationary pressure regardless of fee volatility.
Acquiring New Grails
When the Vault Growth Pool reaches a threshold, the system initiates an Acquisition Event. Funds are deployed through verified partners to purchase authenticated, high-value slabs from trusted sources.
Each new acquisition is:
Verified by leading grading firms (PSA, BGS, CGC).
Logged onchain with certification ID and provenance data.
Displayed publicly on the Grail Vault dashboard, with real-time valuation metrics.
Buybacks & Burns
A portion of every fee (via DBF) flows into the Buyback & Burn Reserve. These funds are periodically used to purchase $GRAIL from the open market and permanently burn the tokens, removing them from circulation.
As the Vault’s value (TVL) increases while supply continuously decreases, each remaining $GRAIL token comes to represent a larger share of the Vault’s total value.
Verified & Transparent Operations
Grail Index prioritizes trust and verifiability above all else. All Vault holdings are visible, transparent, and auditable both on-chain and through verified partner attestations.
Every slab is sourced from trusted suppliers with documented authenticity and grading data. Future integrations with grading firms and blockchain-based verification protocols will further strengthen proof-of-holdings and set a new standard for RWA transparency in the collectibles market.
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