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Agree on price, size, vesting/delivery schedule, unlock rules, and accepted proofs.
Create a trade contract with defined roles, deadlines, and rule sets.
Buyer and seller each deposit collateral (e.g., 5–20%) to bind commitments.
Perform per the agreed terms and attach proof (on-chain transaction or custodial attestations).
Unlock collateral per the agreed rules; perform net-settlement if applicable.
Timeout, rollback, and dispute procedures trigger on violations.
Why two-sided collateral? It reduces default risk on both sides and raises completion probability with minimal manual escalation.
Try the flow: Buyer • Seller
Last updated 2 months ago