From 679b9036d30020c17a4784d0539c4babe521a870 Mon Sep 17 00:00:00 2001 From: mDuo13 Date: Tue, 29 Jan 2019 16:38:12 -0800 Subject: [PATCH] Clarify self-crossing offer cancelation --- content/concepts/decentralized-exchange/offers.md | 2 ++ 1 file changed, 2 insertions(+) diff --git a/content/concepts/decentralized-exchange/offers.md b/content/concepts/decentralized-exchange/offers.md index 0d89e6c7b8..0af0084c74 100644 --- a/content/concepts/decentralized-exchange/offers.md +++ b/content/concepts/decentralized-exchange/offers.md @@ -15,6 +15,8 @@ An offer in the ledger can be fulfilled either by additional OfferCreate transac You can create an offer so long as you have at least some (any positive, nonzero amount) of the currency specified by the `TakerGets` parameter of the offer. The offer sells as much of the currency as you have, up to the `TakerGets` amount, until the `TakerPays` amount is satisfied. An offer cannot place anyone in debt. +If you place an offer that crosses any offers you have existing in the ledger, the old offers are automatically canceled regardless of the amounts involved. + It is possible for an offer to become temporarily or permanently _unfunded_: * If the creator no longer has any of the `TakerGets` currency.