💵Offers
On objkt, anyone is able to place offers on any token. An offer can be accepted by anyone who owns an edition of the token the offer is placed on.
Creating an offer
To create an offer on a token, start by navigating to the token page. On the token page, if you scroll down a bit you will see the "Make offer" button on the right-hand side.
Here you can specify the price you want to pay for the token, the currency and the expiry date. Once you're happy with your input, click on Offer and proceed with signing the transaction. It can take between 10 - 20 seconds for the offer to appear on the marketplace.
Creating a Floor Offer
On certain collections, it's possible to place an offer on any token. These offers are called Floor Offers and they can be accepted by anyone who owns any token that is contained in that collection.
To create a floor offer on a collection, start by navigating to any token page within that collection. On the token page, click onMake offertab and the below seen menu appears where the floor offer flag can be set.
Floor Offers only work for certain collections (such as a PFP collection like the Tezzards: https://objkt.com/collection/tezzardz
Keep in mind that by creating a floor offer you are placing an offer on all tokens contained within the collection and not the specific token you are currently browsing.
Floor offers can be cancelled the same way as normal offers.
Accepting an offer
To accept an offer on a token that you own, start by navigating to the token page. On the token page, you will see a big red button saying Sell for X. Clicking on that button will execute a wallet transaction accepting the highest offer that is currently on the token.
Accepting Multiple/Different offers
If a token you own contains multiple offers, you can scroll down to Offers and see a list of all offers that have been placed on the token.
From here can either execute individual offers by clicking on Sell for X in the list of offers. Or you can execute multiple offers at once.
To accept multiple offers at once, make sure that you own multiple editions of the token you are viewing.
You have the option to filter the list of offers before you select any. The following filters exist:
Filter: Removing Duplicates
This removes all offers of the same wallet, only keeping the best offer each wallet has placed.
Filter: Verified Twitter Only
This removes all offers of users that haven't verified their Twitter profile using Tezos Profiles. You can read more about this in the Verify your Twitter part of the Creating a Profile guide.
Additionally, you have different options for selecting the offers you want to execute. The following selecting exist:
Select: Manual
This allows you to select the offers you want to accept manually
Select: Top Offers
This will select the top offers by value (maximising the profits)
Select: Random
This will select offers randomly
Once you're happy with your selection you can click on the big red Sell button and the offers will be executed. Note that it may take 30-60 seconds for your sale to be visible on objkt.
Cancel a single offer
You can cancel your offer directly on the token page where you placed it. Under Offers you will find all your offers created for a token. There you have the option to cancel it by clicking on cancel next to your offer
Cancel multiple offers
To cancel multiple offers navigate to your profile and click on the Offers tab. There you will find a list containing all the offers you have created. By checking multiple rows and clicking Cancel Selected at the top you'll be able to cancel multiple offers at once.
Expired offers
What happens when an offer expires depends on whether the offer is custodial (Tezos) or non-custodial (oXTZ, uUSD, etc).
Expired offer is in Tezos
The offer doesn't show on the token anymore
The offer cannot be accepted anymore (the contract would reject the transaction)
The offer shows as expired on the "Offers" tab of the offer creator profile (`/profile/…/offers`)
Cancelling the offer returns the Tezos to the wallet that created the offer
Expired offer is not in Tezos (non-custodial, e.g. oXTZ, uUSD, …)
The offer doesn't show on the token anymore
The offer cannot be accepted anymore (the contract would reject the transaction)
No need to cancel the offer
Nothing can be sent back to the wallet that created the offer because creating the offer did not send anything
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