# StakeMarket

Stakes are mechanisms of trust through which two or more parties in a transaction would lock funds in escrow and each defines specific terms under which they would agree to the release of the funds in escrow.&#x20;

For the funds to be released, all parties have to either agree to:

* &#x20;a **cancellation of the transaction**: in which case each party gets a refund of what he/she had previously deposited in escrow&#x20;
* or a **completion of the transaction**: in which case each party is paid its due.&#x20;

In case of a disagreement, the stake is submitted to a vote by the stakes' community. The voting process lasts for a week.

Stakes can be used in an infinity of situations where parties involved in a transaction do not completely trust each other: e-commerce, ride-hailing, delivery, construction projects, etc.

[Get further support from the community here.](https://paychat.payswap.org/#/room/%23paycom%3Amatrix.org?via=matrix.org)
