[Resource Topic] 2020/1017: Governance framework for Quipuswap - automated decentralized exchange

Welcome to the resource topic for 2020/1017

Title:
Governance framework for Quipuswap - automated decentralized exchange

Authors: Andrey Sobol, 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.

ePrint: https://eprint.iacr.org/2020/1017

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