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limit-order-protocol

v1.1.3

Published

Utility for limit order protocol

Readme

Utils library for Onlyswap Limit Orders Protocol

This is the package of utilities for working with the Onlyswap Limit Orders Protocol

Installation

Node

npm install limit-order-protocol

Yarn

yarn add limit-order-protocol

About

Contract allows users to place limit orders, that later could be filled on-chain. Limit order itself is a data structure created off-chain and signed according to EIP-712.

Key features of the protocol is extreme flexibility and high gas efficiency that achieved by using following order types.

I. Limit order

A limit order is a financial instrument with which you can put up an ERC-20 token for sale at a fixed price.
For example, you can put up for sale 2 WBTC tokens at the price of 82415 DAI tokens.

Onlyswap limit orders protocol has many tools for flexible trade management:

  • Partial fill
  • Predicates
  • Single cancellation
  • Bunch cancellation
  • Fullness check
  • Validation

Note: You can create a limit order even if your balance is insufficient to execute the limit order right now. However you must have an allowance for the maker asset.