Custody, plainly
Two disclosures up front:- Deposits and bonds are held in a Soran-operated escrow account until settlement. Money in escrow is custodied by the deployment’s operator, and every payment in is accounted for and leaves through exactly one payout — release, refund, bond return, or slash — with any edge case held for operator handling rather than silently absorbed.
- The namespace itself never leaves your wallet until the buyer accepts the transfer on chain. Escrow holds money, never names.
The seller flow
Listing is an ownership act: only the namespace owner wallet can list or withdraw — never an invited admin or issuer.1
Create the listing
Name your price in XLM. The marketplace fee (a percentage set by the operator, shown on the listing) is deducted from the sale price at settlement only — a listing that never sells costs nothing.
2
Fund the refundable bond
The console shows an exact payment — escrow address, bond amount (operator-set), and a unique hash memo. Pay it from your wallet and the listing goes live automatically when it confirms. The bond is a performance guarantee, returned on a settled sale or a clean withdrawal.
3
Propose the on-chain transfer
When a buyer commits, propose the transfer to their address on chain (Names → transfer, or your own wallet tooling). The buyer’s deposit only counts once your proposal to them is live.
4
Settlement is automatic
The buyer pays the price into escrow, then accepts the transfer on chain. On the ownership flip, escrow releases the price minus the fee to you and returns your bond — no further action from either side.
The buyer flow
Buyers act from their own wallets against the public API — no console account needed:- Browse active listings (
GET /v1/market/listings) and register interest in one, which mints a deposit intent: an exact escrow payment with a unique hash memo, valid for 24 hours. - Wait for the seller’s on-chain transfer proposal to your address before paying — a deposit paid early just bounces back.
- Pay the full price in one payment from a self-custody wallet (refunds return to the sending address; partial payments don’t accumulate — each under-price payment is refunded).
- Accept the transfer on chain. Escrow releases to the seller on the flip, and the namespace is yours.
The bond policy, exactly
The bond covers seller failure to deliver a funded sale — nothing more, nothing less:
The one carve-out: if the buyer simply never accepts a standing offer and it expires, the buyer is refunded in full and the seller keeps the bond — a buyer’s own non-acceptance is not the seller’s breach (and slashing there would let buyers farm bonds). A slash verdict is issued only after on-chain confirmation that the name genuinely wasn’t delivered — never on a stale view.
Verified provenance
Every escrow-settled sale mints a provenance badge: namespace, price, seller, buyer, settlement time. It’s public per name node viaGET /v1/market/history/:node, so a future buyer can verify a namespace’s sale history against real settled escrow — not seller claims. Sales flagged as wash trading are excluded from the public signal.
On deployments without the marketplace, the Market tab says so and everything else here is inert. Wallet-to-wallet on-chain transfers always work — see ownership guarantees.