# StakeMarket

Stakes serve as trust mechanisms whereby two or more parties in a transaction lock funds in escrow, each defining specific terms for the release of the funds.

For funds to be released, all parties must agree to either:

* A **cancellation of the transaction**: Each party receives a refund of their previously deposited escrow funds.
* A **completion of the transaction**: Each party receives their due payment.

In case of disagreement, the stake is submitted to a vote by the stakes' community, with the voting process lasting for a week.

Stakes find application in various scenarios where transaction parties lack complete trust, such as e-commerce, ride-hailing, delivery, and construction projects.

[For additional support, engage with the community here.](https://paychat.payswap.org/#/room/%23paycom%3Amatrix.org?via=matrix.org)
