HOW IT WORKS
Ergo Frontier enables secure peer-to-peer ERG trading using smart contracts and the Verification Network. Here's how the frontier works.
Trading Flow
Five simple steps to buy ERG directly from sellers
Connect Wallet
Link your Nautilus wallet to start trading
Your wallet holds your ERG and receives purchased tokens. No registration or KYC required.
Browse Offers
Find verified sellers with competitive rates
All sellers are rated by the community and their ERG is locked in smart contract escrow.
Send Payment
Pay the seller via Revolut, Wise, or PayPal
Send fiat payment directly to the seller using traditional payment methods.
Payment Verification
Independent verifiers confirm your payment
Our verification network checks the seller's account to cryptographically confirm payment was received.
Receive ERG
ERG is automatically sent to your wallet
Once payment is verified, the smart contract releases ERG directly to your wallet.
Key Features
Advanced technology stack ensuring secure and efficient trading
Smart Contract Escrow
ERG is locked in Ergo smart contracts until payment verification
Verification Network
Decentralized network of independent verifiers confirm payments cryptographically
Peer-to-Peer Trading
Direct trades between buyers and sellers without intermediaries
Verification Network Explained
Our verification network uses cryptographic proofs to confirm payments without compromising privacy or requiring trusted intermediaries.
Cryptographic Verification
Verifiers use cryptographic proofs to confirm transactions without accessing sensitive account information.
Decentralized Consensus
5 independent verifiers evaluate each trade. 3 out of 5 must agree before ERG is released from escrow.
Privacy Preserved
Only transaction verification data is shared. Account balances, personal details, and other transactions remain private.
Fast Verification
Automated verification process typically completes in 2-5 minutes, much faster than traditional banking confirmations.
No Central Authority
No single entity controls the verification process. Verifiers are distributed globally and operate independently.
Dispute Resolution
If consensus cannot be reached, funds are safely returned to original owners. No funds are ever lost or frozen.
Frequently Asked Questions
Get answers to common questions about Ergo Frontier
How secure is the verification process?
Our verification network uses cryptographic proofs to confirm payments without exposing sensitive data. Verifiers can confirm a payment was received without seeing account balances or personal information.
What happens if a seller doesn't receive payment?
If judges cannot verify payment within the time window, the ERG is returned to the seller and the trade is cancelled. The escrow smart contract ensures no funds are lost.
How long does verification take?
Verification typically takes 2-5 minutes. Verifiers need to reach 3/5 consensus to release the ERG.
What payment methods are supported?
Currently we support Revolut, Wise, and PayPal. More payment providers will be added based on community demand.
Are there any fees?
There's only a 1% network fee to cover smart contract execution and judge rewards. No deposit, withdrawal, or platform fees.
Do I need to provide ID or KYC?
No KYC required. Simply connect your Nautilus wallet to start trading. Ergo Frontier is fully decentralized and permissionless.