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The bounty is a portion of an offer provision that is sent to the taker to compensate a failure to deliver by the maker.

Bounties serve two purposes:

  1. It compensates the taker for the gas spent on making the offer fail.
  2. It incentivizes cleaning of the order books by sniping offers that will fail.

Bounties are paid by the offer owner and are taken from the provision they deposited with Mangrove when posting the offer.