🔋Partial order fill

Illiquid Market allows users to create orders that can be partially filled.

Partial order fill is currently in private beta and will be available to all users soon

This means that the taker of the order can supply a portion of the requested token and receive a corresponding portion of the offered token.

For example, if a user creates an order to sell 100 units of Token A in exchange for 100 units of Token B, and another user only wants to buy 20 units of Token A, they can partially fill the order by supplying 20 units of Token B and receiving 20 units of Token A.

The partial order fill feature allows for more flexibility and versatility in terms of trading on Illiquid Market. It can be useful for users who want to trade smaller amounts of tokens, or who want to test the market before committing to a larger trade. It also opens up other use cases beyond just OTC trading.

More use cases:

Create a pool that rewards locking tokens for extended periods

Create a large sell order where you offer time locked vestingTokens in exchange for unlocked project tokens at a favourable rate. Community members can then swap their unlocked tokens for a larger quantity of locked vestingTokens, reducing circulating supply.

Create a mechanism for redeeming burner tokens for real project tokens

If you issued burner tokens to early investors prior to your token generation event, you'll need to offer a means of exchange for real tokens at some point. Create a large sell offer where you supply project tokens in exchange for burner tokens at a 1:1 ratio. When the order is filled, send the burner tokens to the network burn address.