Raid Guild has developed an on-chain escrow service to facilitate payments from clients. Using the Raid Guild escrow:
- Raid parties can be sure that the client has the money to pay for the raid.
- The client gains protections in case we don't deliver on our promise.
- Automates the process of paying spoils back to the Guild so individual raiders don't have to do it themselves.
The escrow has 4 main functions:
Registercreates a new escrow account (should be done by the raid party).
Depositdeposits funds into that escrow account (should be done by the client).
Releasereleases (should be done by the client).
Locktriggers a dispute with the arbitration provider, locking the remaining funds in the escrow accounts so they cannot be released (can be done by the client or the raid party).