An executor network monitors and competes for executing pending limit orders to get rewarded by the transaction fees. Executors receive 0.3% fees of the order value as rewards for executing orders.
Anyone with a web3 wallet can participate in the network to become an executor. To keep it super simple, we have an executors tab with a very intuitive user interface where anyone can just go and execute the orders as per their convenience (Ensure that you’ve enough BNB to execute the transaction).
Order execution will be failed in the following conditions:
If buy orderCurrent price greater than limit price
If sell orderCurrent price less than limit price
We have also deployed executor engine bots making the execution process of limit orders more reliable. Code for executor engine is available here, for anyone to participate and create their own bots for even more robust order execution.