Whales Market
  • OVERVIEW
    • ⭐Welcome to Whales Market
    • 🪙$WHALES tokenomics
      • 🎯Token Utility
      • 🤑Incentive Progam
      • 🐳How to buy $WHALES?
      • ⚫Earn Yields on $WHALES with Kamino Liquidity Vaults
    • 🎁Referral program
    • 🔓Staking
      • 💵Discount for stakers
    • 🎛️How to use Dashboard
      • 🔔Whales Notification System
      • 🔗Link your Wallets
        • ⚡How to Link your Wallets?
    • 💻Telegram Login
    • 🤖Whales Intern
  • 🔓WhalesLock
    • ⭐About WhalesLock
    • 🛣️The mechanism
    • 💰Lock your memecoin
    • 🤑Locking Rewards
    • 💳Platform Fees
  • Pre Markets
    • ⭐About Pre Markets
    • 🟢Buy Token Allocation
      • Fill others's Offer-to-sell
      • Create an Offer-to-buy
      • Cancel order
    • 🔴Sell Token Allocation
      • Fill other's Offer-to-buy
      • Create an Offer-to-sell
      • Settle your offer/orders
    • 🤝Settlement Rules
      • 🎌Cross-chain Settlement (SOON)
    • 🧾Platform Fee
    • 🛠️Technical Overview
    • ⁉️FAQ
    • ⚠️Interpretation Error
    • 📔Listings Regulations
  • Vesting Market
    • 🔓Vesting Market
    • 📜Platform Fee
  • Point Markets
    • ⭐About Point Markets
    • 🟢Buy Points
      • Fill other's Offer-to-sell
      • Create an Offer-to-buy
      • Cancel order
    • 🔴Sell Points
      • Fill other's Offer-to-Buy
      • Create an Offer-to-sell
      • Settle your offer/orders
    • 🤝Settlement Rules
    • 🛠️Technical Overview
    • 📃Platform Fee
    • 📔Listings Regulation
  • ADDITIONAL DOCUMENTS
    • ✅Contract Audits
    • 🔗Official Links
    • 🤖Supported Networks
    • 🎨Brand Kit
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  1. Pre Markets

Settlement Rules

What will happen at TGE Time?

PreviousSettle your offer/ordersNextCross-chain Settlement (SOON)

Last updated 23 days ago

Once the tokens are released by the foundation, the settlement deadline will countdown for 4 hours, in which:

More detail

For Sellers:

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

  2. After SETTLED, sellers will receive their collateral funds and buyer's funds.

For Buyers:

  1. Buyers will receive the tokens, their funds will be sent to sellers.

  2. If the sellers are OVERDUE on settlement, buyers can CANCEL ORDER - their deposited will be refunded and taken from the seller's collateral funds.

If sellers fail to settle in time, they will lost their collateral funds.

Sellers and Buyers must wait until Token Generation Event (TGE) before they can perform settlement or cancel orders.

Settlement for Pre-Market Listings takes 4 hours, starting from when the project's token is listed on CEXs/DEXs.

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