Dex Fuctions
The Dex will have four parts:
Atomic Swap
Low fees (0.005%)
Without KYC
Lightning Native Swap
HOW WORKS?
For make Swap between chains different wil be necessary have HTLC(Hashed TimeLock contract), where alllow commucation with A and B that have information:
sender
recipient
amount of BTC
expiration
hashlock=hash(secret_A)
PHold (Payment Hold)
Example: LBTC<>BTC⚡.
User A creates an HTLC on source layer with the desired LBTC (1 LBTC) to be swapped and B as the recipient (generally found and negotiated off-chain like 1 BTC on LN).
B checks if the source contract is correct and finalized, then B will create another HTLC with reversed sender/recipient, i.e., sender = B and recipient = A with the amount of token (1 LBTC) that user A wishes to receive. An important note is that B will copy the hashlock on the source contract even B has no idea the secret is.
User A checks if the destination contract matches the user’s swap request and is finalized, then user A will unlock 1 LBTC by revealing secret_A.
At this moment, LP B can learn the secret and unlock 1 LBTC at the source contract, which completes the swap.
And A received BTC on Lightning Network using Invoice (PHold).
LIQUIDITY PROVIDER
We'll use hosting channels or funding channels for create liquidity provider safe and unique.
Channel A<>L-BTC + BTC
Remember the L-BTC will be "token" synthetic inside Lightning
GRAPHIC PORTICO 1
GRAPHIC PORTICO 2
FEATURES and COMPATIBILITY
Fedimint
Lightning Network (LND/LDK/CLN)
Liquid Network
Sequentia
Spacechain
Softchain
Statechain
RGB
Fabric Protocol / PortalOS
Tor and I2P
Drivechains
Ark
BIP-199
DLCs
PTLCs
DHT (HyperCore)
Taproot
Covenants
Taproot Channels
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