The Bron Intents is currently in beta. Features and configurations may change in future releases.
Introduction
In Bron Intents, there are 3 main characters:- User: User is a person, that wants to buy or sell an asset
- Solver: Solver is a person, that executes orders
- Oracle: Oracle is a set of people who ensure the security of the relationship between the solver and the user
Quick overview of the process
1
User creates an order
User creates an order with all the necessary information, like the asset to buy, the amount, auction duration and etc.
2
Solvers are reacting to that order and propose their price
Solvers are reacting to that order and propose their price during the auction. Solver with the best price will be automatically selected.
3
User is fine with the solvers price and sends his funds to the solver
If user is fine with the solvers price, he sends his funds to the solver and broadcasts the transaction to the order itself, after what oracles will confirm the transaction.
4
User is receiving the asset from the solver
On this step solver sends the asset to the user and broadcasts the transaction to the order itself, after what oracles will confirm the transaction and the order will be finished.