Implementing Limit Orders

Creating a maker order in the order book can be as depositing tokens at a specific price and redeeming this liquidity when a taker fills the order.

From the pool's perspective, both maker orders and liquidity provider contributions are equivalent to providing liquidity! Thus, order makers receive a liquidity supply token similar to the LP tokens for liquidity providers.

When you set your price as a maker, you receive a proof of deposit for the order (like a receipt) that proves you’ve put your tokens up for sale.

These receipts are in the form of NFTs stored in your digital wallet. They are unique certificates that can be claimed when a taker fills an order.

In an ideal order book exchange, orders are queued and filled on a first-come, first-served basis, with the possibility that orders might not be executed entirely at once.

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