Redemptions

Once an auction has closed and is settled, participants can go and redeem their order(s). For users that were 'filled' they can redeem for their desired asset. For 'unfilled' bids/asks, users redeem for their original collateral. One user will be 'partially' filled and will receive a combination.

If the auction has concluded but your order(s) still show Working then the auction hasn't been settled.

Redeeming Filled Orders

  1. Navigate to the auction's detail page and orders that show Filled are ready for redemption.

  2. Select the table row in the Orders list for the order you would like to redeem.

  3. A modal with your order details will open. After reviewing the order details press the Redeem button.

  4. Complete the transaction using your Web3 wallet.

    1. Post-transaction, users can confirm the redemptions on either their wallet or Etherscan.

    2. The UI on the auction's detail page will also update to show historical information.

Redeeming Partially Filled Orders

Completely filled and partially filled orders will look similar on the UI. The Filled/Total column in the Orders list will show you the status of the execution.

The transaction for a partially filled order will redeem the filled asset(s) and return the deposited asset(s) in one batch.

Redeeming Failed Orders

A failed order will allow the user to redeem their initial deposit amount.

  1. Navigate to the auction's detail page and orders that show Failed are ready for redemption.

  2. Select the table row in the Orders list for the order you would like to redeem.

  3. A modal with your order details will open. After reviewing the order details press the Redeem button.

  4. Complete the transaction using your Web3 wallet.

  5. 6. After the transactions you will be able to confirm the redemptions in your Web3 wallet and on Etherscan.

  6. The UI on the auction's detail page will also update to show historical information.

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