Smart Offer

A smart offer is an offer that is bound to a smart contract. This is in contrast with %%on-the-fly offers|on-the-fly-offer%% that are bound directly to an EOA (i.e., an Externally-Owned Account, cf. ethereum.org -> Account Types).

The contract bound to the smart offer is referred to as the %%maker contract|maker-contract%%. It implements an %%offer logic|offer-logic%%, which is called during trade settlement to source liquidity for the trade and to perform other maker-specific logic.

References

• Making liquidity available
• Maker contract