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Market

Market

The Market is where you manage sell and buy positions for veCLAIM locks — the exit and entry layer of the CLAIM stream. Every Market action settles through the Furnace — there are no user-to-user lock transfers. The Furnace is always the counterparty.

Market actions live on the Furnace page (/furnace) under the Sell Now, Make Offer, and List Lock tabs.

All Market amounts are denominated in CLAIM.

What you can do

Sell now (instant exit)

Sell a lock back to the Furnace immediately for liquid CLAIM. Use this when you need quick liquidity and are willing to accept the current quote.

  1. Open FurnaceSell Now (or use a Sell now shortcut from a lock card)
  2. Select your lock
  3. Review the estimated CLAIM payout (live quote)
  4. Set your slippage tolerance — this determines your minimum payout floor
  5. Confirm in your wallet

A short anti-stale deadline protects Sell now execution. If the quote drops below your minimum or the deadline passes, the transaction reverts and you keep your lock.

In the Sell now and List Lock surfaces, AutoMax locks are labeled AutoMax. They are not shown as a fixed 365d lock because the remaining term rolls back to the protocol maximum while AutoMax stays enabled.

Market quotes and balance checks are tied to the active ClaimRush deployment. If the app cannot resolve that deployment chain yet, the live Market quote stays unavailable instead of guessing from another network.

If your lock is listed, Sell now auto-delists it first. When trading is paused by the guardian, Sell now is disabled (delisting and cancelling remain available).

List Lock (patient exit)

Post a listing with a minimum CLAIM payout and an expiry. The listing settles through the Furnace when the quote meets your floor — you set a price and walk away.

  1. Open FurnaceList Lock
  2. Select your lock
  3. Set your minimum payout in CLAIM — the lowest amount you’ll accept
  4. Set an expiry (default 30 days, capped by the lock’s end date)
  5. Confirm in your wallet

When the live Furnace quote meets or exceeds your minimum payout (before expiry), the listing can be settled. There is a short keeper grace period (30 minutes) after listing creation during which whitelisted keepers get first priority and the MarketRouter owner retains a documented break-glass path. After that, anyone can settle.

Example: You have a lock with 12,000 CLAIM and the current Sell now quote is 9,600 CLAIM. You list it with a minimum payout of 10,500 CLAIM and a 30-day expiry. If the Furnace quote improves over the next few weeks (perhaps as the bonus environment cools), your listing settles automatically at or above 10,500 CLAIM — better than what Sell now would have given you today.

Expired listings can be cleared by anyone onchain. You can delist at any time.

Make Offer (patient entry)

Escrow CLAIM and enter the Furnace automatically when the bonus is attractive enough. This is the patient way to build a lock position.

  1. Open FurnaceMake Offer
  2. Set your CLAIM budget (minimum 10,000 CLAIM, held in escrow)
  3. Set your target bonus — the minimum bonus rate you’ll accept
  4. Set output slippage, lock duration, and destination
  5. Set an expiry (default 30 days, max 90 days)
  6. Confirm in your wallet

Your CLAIM sits in escrow until the live bonus meets your target, then the Furnace executes automatically. If your chosen destination lock becomes ineligible before execution, the router falls back to creating a new lock instead. That fill can revert if the remaining budget is below the 1,000 CLAIM new-lock minimum. There is a 30-minute keeper grace period after creation during which whitelisted keepers get first priority and the MarketRouter owner retains a documented break-glass path. You can cancel anytime to refund your remaining budget.

Reading your listing

A listing is anchored by minimum payout, not by “price.”

  • Minimum payout — your floor in CLAIM
  • Principal — how much CLAIM is locked
  • Time remaining — affects sellback spread
  • Minimum payout per veCLAIM — value efficiency
  • Discount to principal — how much below par your floor is

One-time approvals

  • Make Offer: approve CLAIM spending to the MarketRouter for escrow (the app prompts you)

Selling and listing a lock do not require a separate NFT approval — the MarketRouter has built-in transfer privileges on veCLAIM.

Safety

  • Need immediate liquidity? Use Sell now.
  • Want a guaranteed floor? Use List Lock with a realistic minimum payout and expiry.
  • Quotes move quickly — refresh before signing any transaction.
  • If your lock picker fails to load, the Market should say it is unavailable and offer Retry. Do not treat that as proof that you have zero eligible locks.
  • Emergency delist: Seller-only cleanup path after 7 days if a listing is stuck. It still works while trading is paused, but normal delisting is already available to the seller at any time.

See also