AXK - Creating and Managing Lots

What is a Lot?

A Lot is the fundamental unit of trade on AXK Network. It represents a traceable batch of commodity with a complete custody chain from origin to destination.

Creating a Lot

1. Navigate to Trading Floor → Lots.
2. Click + New Lot.
3. Select the commodity, grade, and source (harvest record or prior lot).
4. Enter the quantity and measurement unit.
5. Submit to create the lot and initiate its custody chain.

Custody Chain

Every Lot tracks its handlers through Lot Custody Steps:

• Each transfer from one handler to another creates a new custody step.
• Steps record: who transferred, who received, timestamp, location, and condition.
• The full custody chain is visible on the Lot detail page.
• Custody steps can be verified against XRPL blockchain anchors.