The manual

How it works

The whole mechanism, including the parts that could cost you money.

The short version

You pay in SOL. In a single transaction it is swapped for a real tokenized share and parked at a brand new address on Solana that only your link can unlock. You get back that one link. Whoever opens it can move the share into their own wallet without paying anything.

01

The mechanics

The link is the key

When you create a gift, your browser generates a fresh keypair. The share is bought and delivered to that keypair's own address onchain. The secret half of the keypair is placed after the # in your link, and nowhere else.

Browsers never send the part of a URL after the # to a web server. That is not a policy of ours, it is how the web works. So Giftr genuinely cannot claim your gift: the secret never reaches our servers, which means there is nothing for us to misuse and nothing for anyone to steal from us.

The flip side matters just as much. Anyone holding the link can claim the gift. Treat it like cash in an envelope. Do not post it publicly unless you mean for the fastest stranger to get it.

Why the receiver pays nothing

The receiver's browser uses the key from the link to sign one transaction: the transfer of the share from the gift address into the receiver's own wallet. That signed transaction goes to our relayer, which checks it instruction by instruction, adds its own signature as the fee payer, and submits it.

The key signs the exact transaction that pays the receiver and nothing else, so the relayer cannot redirect the share anywhere. And because the secret itself never leaves the receiver's browser, neither can anyone who compromises the relayer.

Getting your money back

An unclaimed gift is still yours. The same link that claims it for a receiver claims it back for you: open your own copy, connect your wallet, and take it home. Until someone claims it, the share sits untouched at the gift address, publicly visible and moved by nothing except the key in the link.

02

The guardrails

When we refuse to trade

Every send is quoted live against the same markets the swap will execute on, routed by Jupiter across every major Solana exchange. If the route would move the price by more than 3.0%, the send is blocked with an explanation rather than executed at a price we cannot stand behind.

Quotes go out with 1.0% slippage tolerance, enforced onchain: if the swap would return less than that, the whole transaction fails and you keep your SOL.

Only 8 tickers are listed and the bar is deliberately high: real, Jupiter-routable liquidity, from a regulated issuer. Gifts are limited to $1 to $5,000.

Verify it yourself

Every gift lives at a public address you can look up on Solscan: the purchase, the balance sitting there, and the claim are all ordinary public transactions. The shares are xStocks, issued by Backed and tradable across Solana.

03

What it costs

A 1% protocol fee is taken when the gift is created, shown in your wallet before you sign, plus the pool's own fee and the Solana network fee, which is a fraction of a cent. Claiming is free for the receiver.

04

The risks

This is not investment advice, and you can lose money. Tokenized shares are issued by a third party, not by us and not by the company whose name they carry. What you hold is a token tracking a price, with whatever rights the issuer grants and no others. It is not the same as holding the underlying share.

Issuer risk
The issuer can freeze a token account or halt transfers. If that happens while your gift sits unclaimed, claims stop working until it is lifted, and reclaiming it faces the same restriction.
Market risk
Prices move, including while a gift sits unclaimed. Tokenized equities also trade around the clock while the underlying market is shut, which can widen the gap between the two.
Liquidity risk
Selling is a separate act on a DEX and depth is far thinner than a real exchange. Assume the exit is worse than the entry.
Custody risk
Lose the link before it is claimed and nobody can recover the funds, including us: the link is the only key to the gift address. Lose the receiving wallet afterwards and the same is true.
Counterparty risk
The relayer only ever co-signs a transaction the receiver already signed, so it cannot steal. But if it goes offline, gasless claiming pauses until it is back.
Regulatory risk
Tokenized equities are not available everywhere. Whether you may buy, hold or receive one is your responsibility.