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anchor-escrow's Introduction

Anchor Example: Escrow Program

  • See this doc for more implementation details

Overview

Since this program is extended from the original Escrow Program, I assumed you have gone through the original blog post at least once.

However, there is one major difference between this exmaple and the original Escrow program: Instead of letting initializer create a token account to be reset to a PDA authority, we create a token account Vault that has both a PDA key and a PDA authority.

Initialize

Initializer can send a transaction to the escrow program to initialize the Vault. In this transaction, two new accounts: Vault and EscrowAccount, will be created and tokens (Token A) to be exchanged will be transfered from Initializer to Vault.

Cancel

Initializer can also send a transaction to the escrow program to cancel the demand of escrow. The tokens will be transfered back to the Initialzer and both Vault and EscrowAccount will be closed in this case.

Exchange

Taker can send a transaction to the escrow to exchange Token B for Token A. First, tokens (Token B) will be transfered from Taker to Initializer. Afterward, the tokens (Token A) kept in the Vault will be transfered to Taker. Finally, both Vault and EscrowAccount will be closed.

Build, Deploy and Test

Let's run the test once to see what happens.

First, install dependencies:

$ yarn

Next, we will build and deploy the program via Anchor.

Get the program ID:

$ anchor keys list
anchor_escrow: AGtT2X117M7Lx1PeXQrknorvwApEdBSUsAiYA2R2QESd

Here, make sure you update your program ID in Anchor.toml and lib.rs.

Build the program:

$ anchor build

Let's deploy the program. Notice that anchor-escrow will be deployed on a mainnet-fork test validator run by Dappio:

$ anchor deploy
...

Program Id: AGtT2X117M7Lx1PeXQrknorvwApEdBSUsAiYA2R2QESd

Deploy success

Finally, run the test:

$ anchor test --skip-build --skip-deploy

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