How To Use Scrow

A step-by-step guide to organizing and completing an escrowed trade on Scrow.

Contents

• Agree trade terms

• Set up contract

• Deploy contract

• Deposit assets

• Complete trade

• Follow-up

Step 1: Agree trade terms

1. Initiate discussion: Start a conversation on your preferred platform (e.g. Scrow’s Discord) to organize the trade.

2. Decide terms: Agree on the amount of each asset to be exchanged and confirm the blockchain the assets are hosted on. Agree who will pay the transaction fee.

Step 2: Set up escrow contract

1. Access Scrow Platform: Go to Scrow.Network and connect your wallet.

2. Create new escrow contract: Enter the transaction details:

   • Party A details: Input your address, select your asset from the dropdown menu (e.g. USDT on Base), and enter the amount (e.g. 1,000,000 USDT).

   • Party B details: Input the second party’s address, select their asset (e.g. ETH on Base), and enter the agreed amount (e.g. 330 ETH).

3. Set contract expiry: Choose an expiration for the escrow contract (e.g. one day).

4. Escrow fee decision: Select who will pay the escrow fee to automatically add the fee amount to their transaction. Paying in SCROW tokens (when available) allows users to share the fee.

Step 3: Deploy contract

1. Deploy contract: Click "CREATE ESCROW" followed by "DEPLOY CONTRACT", then confirm the transaction using MetaMask or another supported wallet.

2. Share contract link: Use the "COPY LINK" button to send the contract link to the second party, enabling them to deposit their assets.

Step 4: Deposit assets

1. Send assets: Both parties deposit their respective tokens to the smart contract address provided. The interface will show progress indicators.

2. Await confirmation: Once each deposit is confirmed on the blockchain, progress indicators turn into check marks.

Step 5: Complete trade

1. Initiate settlement: Once both deposits are confirmed, either party (or a third party) can click "COMPLETE" to initiate the final transaction.

2. Disburse funds: The smart contract will automatically send the tokens to the respective parties.

3. Confirmation: The interface updates to show completed transfers once the blockchain confirms the transaction.

Step 6: Post-trade

1. Review transactions: Transactions can be reviewed using a blockchain explorer for transparency and record-keeping.

2. Join community: Engage with other traders on Scrow’s Discord or consult the FAQ for more details on using the platform.