Liquidity Lock & Fast Path
The Liquidity Lock concept, introduced by Mono Protocol, has significantly enhanced multichain transaction efficiency. More specifically, it allows asynchronous execution of a multichain intent, separating intent fulfillment from settlement, which makes multichain transactions feel like same-chain transactions for the user.
Applications enable Liquidity Locks via the Toolkit. Once enabled, all user transactions are co-signed (sequenced) by Mono Protocol, preventing double-spending during asynchronous multichain executions.
How Liquidity Locks Work:
Liquidity Locks are managed by Mono Protocol's LL Service, which performs four critical functions:
Verifies: Validates user on-chain and locked balances
Co-signs: Adds signatures to operations, ensures control over account state transition and prevents double-spending
Provides Guarantees: Issues security attestations to solvers for immediate delivery, given delayed settlement
Tracks Positions: Ensures not yet settled balance follows risk policies to maintain system integrity
Key Benefits:
Speed: Execute cross-chain transactions in seconds instead of minutes
Reliability: Cryptographic guarantees ensure 100% transaction success
Cost Efficiency: Reduce gas costs by up to 40% through batched settlements
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