Settle Your Orders
Settle your order to claim both your collateral and the buyer’s, or risk losing your own collateral.
Ensure you settle orders for buyers to complete the trade, receive your payment, and reclaim your collateral before the settlement deadline.
Be aware that neglecting or intentionally ignoring to settle buyers' orders will lead to consequences after the deadline.
Once the settlement deadline has passed, buyers can claim compensation from your collateral. This means you risk losing your funds if you fail to settle in time.
How to settle your orders
Step 1: Connect Your Wallet
Use the wallet you originally used to create the order or fill the order.
Ensure the wallet has the required tokens ready for transfer
Step 2: Select Orders in Dashboard
Go to your Dashboard.
Select the orders you want to settle
Step 3: Confirm and Approve Settlement
Double-check the total token amount required for settlement.
Once you are sure of all the information, click on the confirmation box and click the Settle button.
Approve the smart contract request in your connected wallet. This confirms the on-chain transfer to the buyer.
Step 4: Wait for Confirmation
Once the blockchain confirms the transaction, the order status will update to Settled.
Your collateral will be released, and the buyer will receive the agreed tokens
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