Solver System
Solver Roles
Solvers are integral to Gasyard’s operation, providing liquidity and executing cross-chain transactions.
Key Responsibilities:
Competing to provide the best quotes.
Managing liquidity for efficient execution.
Ensuring smooth user experience with rapid response times.
Liquidity Provision
Solver Pool Contracts:
Liquidity is held in secure contracts with transaction limits.
Emergency pause functionality to safeguard funds.
Rebalancing Mechanisms:
Automated liquidity rebalancing between chains.
Incentive Mechanisms
Earnings:
Solvers earn profits based on bid spreads.
Higher efficiency results in better profitability.
Bonuses:
High-performing solvers may earn additional rewards.
Gasyard Solver helps us determine minimum output so we always have a quote but we plan to auction in future for better quotes
Gasyard operates its own solver and chains can individually run their own solver and we invite external solver as well
Risk Management
Transaction Limits: Solvers can set upper limits on transactions to mitigate risks.
Emergency Pauses: Solvers can pause operations to address unforeseen issues.
Fallback Systems: Ensures user refunds or alternate execution in case of solver failure.
Solver Requirements
Eligibility:
Solvers must meet liquidity and infrastructure standards.
Must operate a secure, monitored backend system.
Monitoring:
Real-time performance tracking via Gasyard’s monitoring tools.
Regular audits and reviews to maintain reliability.
Next Steps for Solvers
Solver Onboarding Guide
Liquidity Management Techniques
Performance Metrics Documentation
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