IDEAS home Printed from https://ideas.repec.org/p/arx/papers/2410.00011.html
   My bibliography  Save this paper

Interpool: a liquidity pool designed for interoperability that mints, exchanges, and burns

Author

Listed:
  • Henrique de Carvalho Videira

Abstract

The lack of proper interoperability poses a significant challenge in leveraging use cases within the blockchain industry. Unlike typical solutions that rely on third parties such as oracles and witnesses, the interpool design operates as a standalone solution that mints, exchanges, and burns (MEB) within the same liquidity pool. This MEB approach ensures that minting is backed by the locked capital supplied by liquidity providers. During the exchange process, the order of transactions in the mempool is optimized to maximize returns, effectively transforming the front-running issue into a solution that forges an external blockchain hash. This forged hash enables a novel protocol, Listrack (Listen and Track), which ensures that ultimate liquidity is always enforced through a solid burning procedure, strengthening a trustless design. Supported by Listrack, atomic swaps become feasible even outside the interpool, thereby enhancing the current design into a comprehensive interoperability solution

Suggested Citation

  • Henrique de Carvalho Videira, 2024. "Interpool: a liquidity pool designed for interoperability that mints, exchanges, and burns," Papers 2410.00011, arXiv.org.
    • Handle: RePEc:arx:papers:2410.00011
    as

    Download full text from publisher

    File URL: http://arxiv.org/pdf/2410.00011
    File Function: Latest version
    Download Restriction: no
    ---><---

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arx:papers:2410.00011. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: arXiv administrators (email available below). General contact details of provider: http://arxiv.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.