🤝Settlement Rules

What will happen at TGE Time?

Once the tokens are released by the foundation, the settlement deadline will countdown for 24 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.