Swap Smart Contract Activation

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Ruferium Swap Mechanism

Ruferium’s Swap mechanism allows for the decentralized exchange of RUFE tokens and Ethereum (ETH). This trustless system enables users to create and fulfill buy and sell orders with transparency and security.

How Does It Work?

- In **Token Sell Orders**, users send RUFE tokens to the smart contract. The corresponding ETH is transferred directly to the selling wallet once the buyer signs the transaction.
- In **Token Buy Orders**, users send ETH to the smart contract. The corresponding RUFE tokens are transferred to the buyer’s wallet once the transaction is signed.

Key Features

  • No obligation to complete entire buy/sell orders.
  • Orders are subject to a 15-minute review period before being listed.
  • Users can remove their orders from the listing, regardless of how much has been fulfilled.
  • Remaining assets from canceled orders are returned to the user’s wallet by the smart contract.

Secure and Transparent Transactions

Ruferium’s Swap mechanism operates with complete decentralization, ensuring secure and transparent transactions for all participants. All operations are governed by smart contracts, providing peace of mind for users engaging in token exchanges.

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