Redemption Period (RGP)

The redemption period (formally the Redemption Grace Period, RGP) is a roughly 30-day window after a domain has fully lapsed — past its grace period — during which the original registrant can still recover it, but only by paying a steep redemption fee on top of the renewal cost. During RGP the name is removed from the zone (the site goes dark) but not yet released. If it is not redeemed, the domain moves to pending delete and then drops. The redemption period is a registry-level safety net in the traditional system; the lesson for any valuable name — tokenized or not — is to renew well before expiration. Source: ICANN Expired Registration Recovery Policy.