0-conf atomic swaps

Discussion

0-conf atomic swaps

Hello.

There was a feature called 0-conf in the first AtomicDEX API implementation. People could lock KMD as a collateral, locked KMD still accrued rewards if I recall correctly and it was possible to make fast atomic swaps this way. Everything looked peachy: KMD has another use case, supply becomes more scarse, price (hypothetically) goes up and BOTS asset would even get some income.

Why didn't this feature make its way to mm2?

Is it still a plan to add it later? Or does it make KMD a security or something? Or what?

Thank you.

1 reply

Liked by Audo Kowitz

Where am I?

In Komodo Platform you can ask and answer questions and share your experience with others!

Audo Kowitz Komodo Team

6 months ago

Hey,

Interesting that you asked as I had just asked a very similar question from our team. I would like to see the 'lock KMD' feature re-implemented as well in one way or another.

Short answer

Yes, it should be possible to have the same feature locking feature integrated, but it's a non essential feature so that's why it hasn't taken a priority.
The devs are looking for solutions & possibilities that allow the users to get some extra features or benefits by either locking or holding KMD in their wallet.
It is already possible to change the confirmation requirement on the current AtomicDEX version, but there is no collateral and I don't think 0-conf swaps should be supported without some collateral solution.
- higher confirmation requirement makes swapping even more secure, but slower – and visa versa.
- the user could change these settings through the app
- you could use lower confirmation requirement for small trades and higher for bigger swaps

0-conf atomic swaps

Where am I?

Related Discussions

Share Post