# Settlement Process

#### Pre-requisite <a href="#pre-requisite" id="pre-requisite"></a>

You can only settle if you have created a Sell Offer or if you have Filled in a Sell Offer. The settlement will start only after the TGE of the token and once updated by Gibble. You will have specific settle duration to settle an offer after witch a you will be penalized from your collateral. &#x20;

#### Settle an offer <a href="#settle-an-offer" id="settle-an-offer"></a>

Step 1. Navigate to [`https://app.gibble.xyz`](https://app.gibble.xyz/)

Step 2. Connect to [Blast](https://chainlist.org/chain/81457) and go to dashboard

Step 3. You can see all your filled offers there. You will see a settle button besides each sell offer that have been filled. Click on it.&#x20;

<figure><img src="https://the-gibble-company.gitbook.io/~gitbook/image?url=https%3A%2F%2F683248028-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FKJY97tBUxxuHrolJzrm4%252Fuploads%252FTcjoatIHmahibZHqIy88%252Fimage.png%3Falt%3Dmedia%26token%3Ddbcd6388-0a6b-45b9-95b2-b04563e75106&#x26;width=768&#x26;dpr=4&#x26;quality=100&#x26;sign=94eeae575d2c0a1f399bfb22fc886ee8175a20e407022ec645b6124111975081" alt=""><figcaption></figcaption></figure>

Step 4. You will see the details of the offer you are about to settle. Click on 'settle'

<figure><img src="https://the-gibble-company.gitbook.io/~gitbook/image?url=https%3A%2F%2F683248028-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FKJY97tBUxxuHrolJzrm4%252Fuploads%252FwtP7XhjcqBjNgpl227aZ%252Fimage.png%3Falt%3Dmedia%26token%3D80755195-0cad-40de-969a-c6c8728d7198&#x26;width=768&#x26;dpr=4&#x26;quality=100&#x26;sign=afe5b972534610a94ef909c2504eb61fc9791d5cf119d6e18ba5d4188368d4c7" alt=""><figcaption></figcaption></figure>

Step 6. You will be prompted by your wallet to send the required amount of tokens and after that your collateral that has been locked on the platform will be unlocked.&#x20;

Step 7. That's it. You have completed your Trade.


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