Society · Economics
Award
Acceptance of bid and contract creation
Definition
Mechanism
The formal Act of accepting a Bid. It triggers the creation of a Contract which all parties must Sign, and uses HeldRelease to lock the agreed Value as collateral or payment. This action transitions the State from Negotiation to Execution, authorizing the Solver to begin.
Invariants
- Atomic: Bid acceptance and Contract creation must happen together.
- Funded: Value must be locked (HeldRelease) before Award is final.
Risks
Failure modes
None stated.
Relationships
Builds on
Accepts
Binding offer from solver to execute task
Composes with
Infrastructure
Root primitive for state modification
Escrow primitive: value held until condition preimage revealed or timeout
Infrastructure
Attest to authorship or agreement
References
Yields
Infrastructure
Binding agreement between parties
Nothing in this library builds on this pattern yet.