Governance framework for Quipuswap - automated decentralized exchange

Andrey Sobol; Anastasiia Kondaurova

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: applications decentralized exchange governance voting baking mechanism design blockchain
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},
      url = {https://eprint.iacr.org/2020/1017}
}