Explore how Lucid manages disputes by securely holding funds while parties resolve disagreements through mutual agreement, mediation, or legal determination.
While escrow transactions are designed to minimize risk, disputes may occasionally arise when parties disagree about whether transaction conditions have been satisfied.
Lucid provides a structured dispute resolution framework to ensure that funds remain secure while parties work toward a resolution.
Lucid acts as a neutral escrow holder and does not determine which party is correct in a contractual disagreement.
Instead, Lucid ensures that:
Common reasons for disputes may include:
When a dispute is raised, the transaction is placed under review.
Disputes may be resolved through one of the following methods:
Lucid releases funds only after receiving appropriate instructions or documentation.
Throughout the dispute process:
This framework ensures fairness while protecting all participants.
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