Deposit

To trade with all of the exchange's features and be able to place passive orders into the books, the user must deposit funds to the Akira exchange contract

Deposit semantics:

  • The user grants permission to the LayerAkira Smart Contract to move user' funds tokens via erc20 method transferFrom

  • The user will then execute an on chain deposit into the Smart Contract

  • By monitoring on-chain events, the Exchange obtains the user's deposit and applies it to its internal state, allowing the user to trade on the Exchange with the amount deposited

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