Automated Market Maker
The private AMM in Thorn Protocol leverages the innovative Sapphire EVM runtime to ensure maximum confidentiality in all trading activities. By executing transactions within Intel SGX secure enclaves, Thorn Protocol enables secure processing and encryption of contract storage and transaction calldata, shielding sensitive information from unauthorized access.
Key Features
Confidential Trading: Thorn Protocol allows users to trade assets with complete confidentiality. Each transaction is securely encrypted and processed within the Sapphire EVM runtime, ensuring that trading activities remain private and inaccessible to external parties.
Secure Liquidity Provision: Liquidity providers can contribute assets to liquidity pools with confidence, knowing that their holdings are protected by state-of-the-art encryption mechanisms. Thorn Protocol utilizes encrypted storage and transaction processing to safeguard liquidity pool data, minimizing the risk of unauthorized access or exploitation.
Trustless Protocol: The private AMM in Thorn Protocol operates as a trustless protocol, eliminating the need for intermediaries or centralized authorities. Users can engage in peer-to-peer trading and liquidity provision without relying on third-party oversight, enhancing the decentralized nature of the platform.
Scalability and Efficiency: Unlike traditional privacy solutions such as zero-knowledge proofs or fully homomorphic encryption, Thorn Protocol's private AMM incurs minimal performance overhead, ensuring high scalability and efficiency. Traders can execute transactions quickly and seamlessly, without compromising on privacy or speed.
Benefits For Users
Enhanced Privacy: With Thorn Protocol's private AMM, users no longer need to worry about their trading activities being tracked or monitored. All transactions are securely encrypted and processed within the confidential Sapphire EVM runtime, preserving user privacy and anonymity.
Improved Security: By leveraging state-of-the-art encryption mechanisms, Thorn Protocol protects user data and assets from unauthorized access or exploitation. Liquidity providers can contribute assets to liquidity pools with confidence, knowing that their holdings are safeguarded by robust security measures.
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