The PYR Market Wallet enables a user to interact with the marketplace. As bidding on items requires instantaneous confirmation, it is impractical to wait for every bidder to transfer their PYR to an escrow wallet before the bid is allowed (and then transfer it back again if they are outbid).
For this reason we have created a smart contract where you convert your PYR from your PYR Main Wallet to your PYR Market Wallet (1:1 ratio), and use the PYR in your PYR Market Wallet to bid which is instant. You can then transfer your PYR back to the PYR Main Wallet whenever you like.
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