💸Settlement Rules

Settlement Time: 24 hours from the moment of TGE. We will count down when the project lists its token on the first exchange.

Success in Perform Settlement

Seller:

• Must transfer tokens before the settlement deadline.

• Upon completion of the transaction, the seller receives back their collateral and the buyer's settlement funds.

Buyer:

• Must continue to deposit the remaining payment into the contract to complete the transaction.

• Upon completion of the transaction, the buyer receives tokens from the seller.

Failure to Perform Settlement

If the seller does not perform the settlement:

• The seller will lose all collateral.

• The buyer will receive back the collateral and compensation equal to the buyer's collateral amount, after deducting the transaction fees for both parties.

The asset the buyer receives = 2 × Buyer's collateral - 4% × Buyer's trading volume.

If the buyer does not perform the settlement:

• The buyer will lose all collateral.

• The seller will receive back the collateral and compensation equal to the seller's collateral amount, after deducting the transaction fees for both parties.

The asset the seller receives = 2 × Seller's collateral - 4% × Seller's trading volume

If both the buyer and the seller fail to perform the settlement:

• Both the buyer and the seller will receive their collateral back.

• The buyer receives: Collateral - 2% transaction fee - 0.5% refund fee

• The seller receives: Collateral - 2% transaction fee - 0.5% refund fee

Notes: If the token listing schedule is delayed or canceled, please refer to our FAQs.