> For the complete documentation index, see [llms.txt](https://y2k-finance.gitbook.io/y2k-finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://y2k-finance.gitbook.io/y2k-finance/products/wildfire.md). # Wildfire ### Abstract: Wildfire is the secondary market place that builds on top of Earthquakes tokenized vaults. Since collateral is locked up for the duration of the vault cycle, this secondary market allows users to enter and exit positions in real time via its order book. Trades are made using signed transactions from the taker, and pushed on-chain when finalized by the taker via 0x Protocols contracts. These are battle-tested contracts that Y2K will leverage to give users the best trading experience. ### **Example:** Alice deposits 1 ETH (lets say ETH is $1500) in an Earthquake vault and gets back 1 Vault Token (ERC-1155 token). Alice's wants to take profits at $1700, hence through earthquake approves and signs a message on the order-book to list a maker limit order of 1 Vault Token at a price of $1700. \ \ Bob wants to enter the market and believes that the vault token is worth $1800, and can either make a market orders to enter a position at the current market price or set a limit order at his desired entry. The taker (Bob) is liable for the gas to execute the trade. At the end of the epoch, Bob then can redeem his Vault tokens for the underlying plus yield/coverage (premiums or payout), burning the vault token. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://y2k-finance.gitbook.io/y2k-finance/products/wildfire.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.