Subject
2 entries
Protocol
Bookmarks
Overlay V1 Core: Stability and Robustness for Data-Stream Derivative Markets
Technical paper extending the Overlay Protocol — a decentralized system for creating derivative markets on any data stream — with a three-part risk framework: funding payments, bid-ask pricing, and circuit breakers. The key challenge is managing the risk that any market can have unbounded open interest against the protocol's treasury.
LayerZero: Trustless Omnichain Interoperability Protocol
LayerZero is an omnichain interoperability protocol that enables trustless direct messaging between any two blockchains via a lightweight on-chain endpoint and an oracle+relayer security model. Addresses blockchain fragmentation without requiring a trusted bridge custodian.