escrowcontract

EscrowContract

A smart contract with the ability to exchange one token against others.

Deploy

when deploy it is need to pass parameters in to init method that started new escrow mechanism
Params:

name	type	description
participants	address[]	addresses list of participants who will exchange own tokens. see Note#1
tokens	address[]	addresses list of tokens. see Note#1
minimums	uint256	minimum amount list of tokens. see Note#1
duration	uint256	escrow duration in seconds. started after escrow have been locked up
quorumCount	uint256	how participants need to deposit minimum tokens that escrow will be locked up
swapFrom	address[]	addresses list or participants which tokens will be swapped from. see Note#2
swapTo	address[]	addresses list or participants which tokens will be swapped to. see Note#2
swapBackAfterEscrow	bool	if true, participants can withdraw own deposited tokens after escrow expired

Methods

once installed will be use methods to exchange Note that contract accept tokens, it should be approve before

deposit

Params:

name	type	description
tokens	address	address of token.

unlock

Params:

name	type	description
recipient	address	recipient address
token	address	address of token.
amount	uint256	amount

unlockAll

there are no parameters

withdraw

there are no parameters

Examples

• life cycle
  • deploy contract
  • all participants deposited own tokens until escrow locked up
  • escrow started and all participants starting to unlock own deposited tokens in favor to recipients. Now in any time recipients can withdraw tokens
  • if duration passed - escrow are expired. Now all participants can withdraw own tokens which are not locked (if param swapBackAfterEscrow is true)

Notes:

• participants/tokens/minimums are combined and linked arrays with the same length. It is means that if participant#1 have address '0x1111...' and want to trade 100 tokens with address '0x2222...' than

participants=['0x1111...']
tokens=['0x222...']
minimums=[100]

if will be added participant#2 with address '0x3333...' and want to trade 200 tokens with address '0x4444...' than

participants=['0x1111...','0x3333...']
tokens=['0x222...','0x4444...']
minimums=[100,200]

and so on 2. swapFrom/swapTo are combined and linked arrays with the same length too