Agree on the price.
Own the date.
Termline lets a seller and buyer lock a Stock Token trade now and exchange both assets on a date they choose.
Open appStock TokenSeller locks the asset
Settlement date
USDGBuyer locks the price
A forward agreement you can actually see.
The seller puts the Stock Token into the contract. The buyer accepts by placing the full agreed USDG amount. The terms stay fixed while time passes.
On or after the chosen date, either party can settle. The buyer receives the Stock Token and the seller receives USDG in the same transaction.
Read the mechanicsFrom offer to settlement.
01
Create an offer
Set asset amount, USDG price, acceptance cutoff and settlement date.
02
Fund both sides
The seller locks the Stock Token. The buyer locks USDG when accepting.
03
Settle together
After the date, one call exchanges both assets without repricing.