# Claim vs Redemption (Clarifying Roles)

The Marketplace supports claim initiation, not redemption.

* Claim refers to the on-chain process of converting fungible tokens (such as USG or USS) into allocated metal represented by a Conditional Claim NFT.
* Redemption refers exclusively to the off-chain process of withdrawing physical metal from the vault after ownership has been established.

This distinction is intentional and critical:

* Claims are protocol-defined, automated and compliance-gated
* Redemptions are vault-executed and jurisdictionally governed