Skip to main content
1

Open Increase Order

Traders can open a new order to increase their position by writing the limit price and trade side to the User Order Escrow account. This account will contain the limit price and side, Yes or No, of the order.The stablecoin of choice, either USDC or CASH, are transferred to the User Order Escrow account upon execution of the order.Increase Position
2

Fill Increase Order

The Settlement Authority reads the limit price and side from the User Order Escrow account and sends a limit IOC order to offchain liquidity the trader is interacting with. Upon receiving the order acknowledgement from the offchain liquidity provider, the Settlement Authority will fill the onchain order.The OutcomeTokens are minted to the trader’s wallet, unused stablecoins are refunded to the trader, the PlatformFee is transferred to the fee receiver, and the stablecoins are transferred to the Settlement Vault account.Increase Position