📈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.