# Grading Proposals

For an ungraded card, Tokenized Interest holders may, if allowed by platform review and listing rules, vote on whether to send it for grading. Grading can clarify a card's details and build market trust — but it also brings costs, delays, logistics, damage risk, and uncertain outcomes. Grading itself may also become a tradable event, because a good grading result may affect market attention and pricing for the card. So grading proposals need transparent, prudent, executable rules.

## **When Grading Proposals Are Allowed**

In general, grading proposals are allowed only when: the card is ungraded or lacks a recognized grading status; Market.Cards believes grading may reasonably improve market transparency or valuation clarity; the card can be transported safely and submitted for grading; and the estimated grading, shipping, insurance, and handling costs are within a reasonable range.

## **Platform Review Before Voting**

Market.Cards may review a grading proposal before it is submitted to a vote, and may reject or delay proposals that are impractical, repetitive, economically unreasonable, or that may create unnecessary custody or market risk. This review is not a substitute for holder voting; it is meant to ensure the proposal has basic feasibility and to reduce unnecessary market noise and execution risk.

## **Grading Period**

The Grading Period refers to the period from when a grading proposal passes and the platform officially starts the grading process, until the grading result is published or the platform confirms that the grading process has ended. During this period, the relevant market may be subject to additional disclosure, trading restrictions, fee adjustments, or other arrangements specified in the listing rules.

## **Cost Handling**

If a grading proposal passes, Market.Cards may advance reasonable grading, shipping, insurance, and handling costs. To support this cost, the platform may charge an additional platform fee of 1% of transaction amount for secondary-market trades in the relevant market during the Grading Period (the exact fee base follows the listing rules). This fee is used to subsidize costs incurred during the Grading Period and is not a separate refund mechanism.

## **Grading Vote Thresholds**

The current rules are:

* **Quorum threshold**: at least 33% of the total supply must participate in the vote.
* **Approval threshold**: a simple majority (more than half) of participating votes must vote in favor.
* Abstentions do not count as votes in favor.

## **Repeated or Failed Grading Proposals**

For repeated grading, regrading, or crossover grading proposals across grading agencies, Market.Cards may set cooldown periods or additional review requirements to avoid repeated proposals that create unnecessary cost and market disruption.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.market.cards/upcoming-features-coming-soon/grading-proposals.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.
