Trade Execution via RFQ

In Northstake's Validator Market, trades are executed via OTC transactions.

Users can create a Request-For-Quote (RFQ) for a specific set of validators via Northstake's UI or API. Each RFQ has two objects:

• The validator indices specifying which validators are being sold.
• The linked wallet where ETH will be received at settlement.

Once the RFQ is created it is pushed to all LPs which post bids in response to the RFQ. The users can then accept or reject the quotes. If one quote is accepted, users can proceed to settlement.