RAILCAsoon
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Block posting · Robinhood Chain

Name the block. Name the worst price.

A SELL block escrows the base amount and names the lowest price you accept. A BUY block escrows USDG at the limit plus the fee and names the highest. Makers quote sealed; the best revealed price fills the whole block.

USDG on Blockscout ↗Open blocks
Post a block
Fee on the USDG leg
0.10%

Paid by the taker at settlement. Locked per block at post time.

Maker bond
0.50%

Of limit notional, at least 25.00 USDG. Forfeited to you if a maker goes quiet.

Open blocks
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Blocks in their seal or reveal window right now.

Windows
1m – 7d

Seal 1 minute to 7 days. Reveal 1 minute to 1 day. You set both.

Your next move

Post a block

Side
You sell the base token for USDG. The limit is the lowest price you accept.
Token
1 to 10080 (7 days). Makers commit here.
1 to 1440 (1 day). Makers reveal here.
PreviewStatic defaults
Notional at limit—
Maker bond—
Fee at limit—
I escrow—

A SELL block escrows the full amount of the base token. It returns if the block cancels.

Posting needs one approval of the escrow token and one transaction. Cancel is free until a maker commits.

Live on the desk

Reading
No.TickerSideSizeLimitPhaseCommits / revealsBest
What the desk holds

A SELL block: the base amount. A BUY block: USDG for the amount at the limit plus the fee on it. Anything unspent returns at settlement. The owner cannot move it.

When it comes back

Cancel while the seal is open and nobody committed. Or at settlement: no valid quote means the block is cancelled and the escrow plus any forfeited bonds return to you.

Who can settle

Anyone, after the reveal window closes or as soon as every committed maker has revealed. You never depend on a counterparty to act.