Graviton: interchain swaps and wrapped tokens liquidity incentivisation solution
This addresses liquidity problems for users and developers of wrapped tokens in blockchain interoperability, but appears incremental as it builds on existing cross-chain concepts.
The paper tackles the liquidity issues hindering adoption of wrapped tokens across blockchain ecosystems by proposing Graviton, an incentive model and governance mechanism that can be implemented on a single chain or as a blockchain-agnostic solution, providing liquidity to wrapped tokens in various networks.
This paper discusses the issues with liquidity that inhibit adoption of so-called wrapped tokens, i.e. digital assets issued in one blockchain ecosystem (origin) with representation in other blockchain networks (destination), and an incentive model and a governance mechanism for solving these issues are suggested. The proposed liquidity model called Graviton can be implemented both within the framework of a single destination chain, or as a blockchain-agnostic solution combining various blockchain platforms together and providing liquidity to wrapped tokens in each of them. This model does not depend on how cross-chain transfer gateways are implemented, and can work with both centralized gates and bridges, or decentralized trustless gateways, as well as gateways based on oracle networks and threshold signatures.