FAQ
Frequently asked questions about AmmoMarkets.
General
What is AmmoMarkets?
AmmoMarkets is a protocol that tokenizes physical ammunition on the blockchain. You can mint tokens representing real rounds, hold them for price exposure, and redeem them for physical delivery.
What calibers are supported?
Currently: 9mm Practice, 9mm Self-Defense, 5.56 NATO Practice, and 5.56 Self-Defense. More calibers (.22 LR, .308 Win, .45 ACP) are planned.
Can international users participate?
International users can mint and hold tokens. When DEX trading launches, they'll be able to trade as well. However, physical redemption is U.S. only (48 contiguous states).
Minting
Is there a minimum mint amount?
There is no minimum amount for minting. However, very small amounts may not be practical due to gas fees.
How is the price determined?
Prices come from a price oracle that pulls data from AmmoSquared, updated every 4 hours. The oracle price determines how many tokens you receive per dollar deposited.
What happens if the price is stale?
If the oracle price hasn't been updated within the allowed threshold, minting is temporarily paused. You'll see a "price is stale" message. Wait for the next price update and try again.
Redeeming
Is there a minimum redemption amount?
Yes. Redemptions are in increments of 1,000 rounds — the minimum is 1,000, then 2,000, 3,000, and so on.
How long does redemption take?
After confirming the on-chain transaction, fulfillment depends on your chosen deadline (24h, 72h, or 168h). Typical processing takes 2–5 business days plus UPS Ground shipping time.
What happens if my deadline expires?
If AmmoMarkets doesn't fulfill your order before the deadline, you can cancel the redemption directly from the smart contract. Your tokens are returned to your wallet automatically — no support ticket needed.
Can I redeem in California or New York?
Not currently. These states require ammunition to be shipped to a licensed dealer. We're working on dealer partnerships to enable this in the future. See State Restrictions.
What shipping method is used?
UPS Ground only. USPS prohibits ammunition shipping, and UPS Ground is the industry standard. See Shipping for details.
Trust & Security
How do I know physical ammo actually backs my tokens?
Today, you can verify the total on-chain token supply by querying the smart contracts. A full Proof of Reserves system with third-party audits is planned.
What happens to my tokens if AmmoMarkets shuts down?
Your tokens are ERC-20s that you hold in your own wallet — they can't be taken from you. The smart contracts include a self-rescue mechanism: if the protocol fails to fulfill a redemption, you can cancel and recover your tokens after the deadline expires.
Are the smart contracts audited?
A professional audit is planned before mainnet launch. The contracts are open-source and available for community review.