Paper 2020/1017
Governance framework for Quipuswap - automated decentralized exchange
Andrey Sobol and Anastasiia Kondaurova
Abstract
This paper contains an analysis of decentralized exchange governance as an effective framework for voting, profit sharing baking and partially updating the system with a possibility to create new pairs for decentralized exchange with automatic market-making. It will also review 2 alternative baker election and rotation mechanisms such as “Simple first-place voting protocol” and “First-place with veto protocol” and will provide a more in-depth look on these mechanisms. It will examine a proposed architectural software solution for monitoring the decentralized network to mediate deviant baker behavior - the watchtower.
Metadata
- Available format(s)
-
PDF
- Category
- Applications
- Publication info
- Preprint. MINOR revision.
- Keywords
- applicationsdecentralized exchangegovernancevotingbakingmechanism designblockchain
- Contact author(s)
- andreysobol @ protonmail com
- History
- 2020-08-22: received
- Short URL
- https://ia.cr/2020/1017
- License
-
CC BY
BibTeX
@misc{cryptoeprint:2020/1017,
author = {Andrey Sobol and Anastasiia Kondaurova},
title = {Governance framework for Quipuswap - automated decentralized exchange},
howpublished = {Cryptology ePrint Archive, Paper 2020/1017},
year = {2020},
note = {\url{https://eprint.iacr.org/2020/1017}},
url = {https://eprint.iacr.org/2020/1017}
}
