By design, the credits will expire (and not roll over to the next year). All relevant documentation will be provided to the buyer before the auction starts so that buyers can conduct their own risk assessment on each project before participating in an auction. For any given year of issuance (vintage year), credits will be distributed on a first-come, first-serve basis. For example, if Buyer A and Buyer B have purchased credits for the vintage year of 2030, but Buyer A has purchased before Buyer B; Buyer A will have priority over Buyer B in receiving the credits that are issued and verified. This is aligned with industry standards.
Projects have specifically allocated the auctioned credits to Sequestr and will issue the credits to Sequestr’s buyers before buyers of any external buyers.