Quote from: FomR on September 28, 2020, 09:43:45 AM

Quote from: FomR on July 22, 2020, 10:54:51 AM

You pointed out that a $1000 would take 200 transactions. Doesnt need to be that much, that could even be done with 1 transaction. And the whole point of an escrow is that you lower the rate of being scammed.
Before completing the escrow and that Dream could release the fund by sending it to the seller wallet is done after both parties( seller and buyer ) confirm the escrow that the product or service has been shipped and recieved.

The fees are low just because the 3%-8% usually take a lot of profits from a high amount of escrow. Dream lower the fee by using less transactions i guess.
correct me if im wrong

So... is my statement correct or not? Still learning escrows and transactions stuff.

I've seen forum escrows (out side of this forum) charge 3-8% and most of them deal with low value transactions. I have a lower fee because my average amount is higher & to be competitive with other escrows on here. The fee will be going up in the future to support development costs as we add more features to the discord server.