Merchants can choose to lock some amount of funds in a wallet controlled by smart contracts, this fund called Insurance fund will be used by smart contract in order to enforce payments of a lost dispute, this will give more security and peace of mind to the buyer.
Merchants can choose to lock some amount of funds in a wallet controlled by Perpetual3 marketplace smart contracts, this fund called Insurance fund will be used by our smart contract in order to enforce payments of a lost dispute, this will give more security and peace of mind to the buyer.
The insurance fund gives more security and peace of mind to the buyer because it guarantees buyer protection in case of any dispute lost by the merchant, the insurance fund will be used by our smart contract in the following situation and mechanism.
The smart contract will allow any withdrawal at any time if the merchant doesn't have any disputes opened.