Cancel & Manage Orders

You can cancel a sell order anytime — the seller's key has full control. Here's how cancellation works, what every action costs, and the complete token flow from mint to settlement.

Cancelling a Sell Order

If you listed option tokens for sale but want them back, you can cancel anytime. No restrictions, no waiting period. Your tokens return to your wallet immediately.

  1. Click "Cancel" next to your sell order
  2. Sign in Nautilus
  3. Tokens return to your wallet
SELL ORDER3 option tokensR4 = seller SigmaPropcancel (sign)SELLER WALLET3 tokens returnedready to relist or hold
On-chain detailThe FixedPriceSell contract has an OR guard: validSale || sellerPK. The seller's SigmaProp from R4 can always spend the box with no other conditions.

Fee Breakdown

Every action has a cost. Here's the full breakdown — the only platform fee is at mint time.

WhenWhat You PayWhy
Writing~0.013 ERGMiner fees for 3 TXs + 0.01 ERG platform fee
Listing0.0022 ERGMiner fee
Buying0.0022 ERG + premiumMiner fee + stablecoin premium to seller
Exercising0.0022 ERG + strike paymentMiner fee + stablecoin to writer
Closing expired0.0022 ERGMiner fee (from reserve ERG)
Cancelling0.0022 ERGMiner fee
The only platform fee is 0.01 ERG (~$0.003) at mint time. Everything else is just Ergo network miner fees.

Token Flow Overview

The complete lifecycle from writing to settlement. Every arrow is an on-chain transaction. Every box is a UTXO.

CREATION PHASEWALLETcollateral+ 0.013 ERGWRITEDEFINITION+ collateralno tokens yetMINTRESERVEN+1 tokens+ collateralDELIVERRESERVE1 singleton+ collateralWRITERN tokensready to sellFee 0.01 ERGTRADING PHASEWRITERN option tokenssets premiumLISTSELL ORDERN tokens @ pricein USE or SigUSDBUYBUYER gets tokensSELLER gets stablecoinpartial fills supportedSETTLEMENT PHASEEXERCISEcollateral buyerstrike $ writeroption tokens BURNEDCLOSE (expired)collateral writersingleton BURNEDanyone can submitCANCELtokens sellerseller signsno restrictionsRESERVE (singleton+ collateral)SELL ORDER(option tokens)BuyerWriter/SellerContractBot/FeeBurned
Key Takeaway

You can cancel anytime — the seller's key has full control. The only platform fee is 0.01 ERG at mint. Everything else is miner fees.