How Does It Work?

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:

  1. Register creates a new escrow account (should be done by the raid party).
  2. Deposit deposits funds into that escrow account (should be done by the client).
  3. Release releases (should be done by the client).
  4. Lock triggers 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).