Settlement and Collateral Rate

Once the project tokens are released, the settlement deadline will count down for 24 hours up to 72 hours (depending on the users offer details), in which:

For Sellers:

  1. Sellers will need to complete settle before the settlement deadline expires.

  2. After it is settled, sellers will receive their initial collateral and buyer's funds.

For Buyers:

  1. Buyers will receive the equivalent tokens and in exchange, their funds will be sent to sellers.

If sellers fail to settle in time after the settlement period is over, they will lose their collateral funds and the buyer could claim compensation from your collateral from the smart contract. In the near future, users can set a dynamic collateral deposit.

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