Kima Whitepaper
  • Introduction
  • About The Kima Blockchain
  • Existing Challenges with Asset Transferring
  • The Kima Infrastructure
  • Example: Liquidity Provider Incentivization
  • Incentive Scheme
    • A. Incentive Scheme: Liquidity Penalties and Bounties
    • B. Incentive Scheme: Protection Mechanisms
    • C. Incentive Scheme: Passive and Active Liquidity Providers
  • Simulation of Kima's Liquidity Management
  • Network Income and Distribution
  • Impermanent Loss and Arbitrage
  • Protection Against Blockchain Reorganization
  • Kima's Technology and Other Solutions
    • About Asset/Token Wrapping and Cross-Chain Bridges
      • Custodial Wrapping
      • Non-custodial Wrapping
      • Liquidity Fragmentation
    • Direct Messaging
  • The Security of the Kima Blockchain
    • Other Security Threats
  • Conclusion
  • Disclaimer
Powered by GitBook
On this page
Export as PDF

Introduction

Blockchains are siloed. Web3 apps built within those ecosystems are constrained by their on-chain liquidity. Many of the solutions developed for these challenges - known as bridges - suffer from flaws and vulnerabilities: security, user experience, complexity, and poor capital efficiency.

Kima addresses these challenges in a unique way, by creating a Web3 settlement layer, which enables interchain transactions. With this novel approach, liquidity can be transferred between chains in a safe, secure, and cost-effective manner - enabling the most reliable omnichain solution.

There are two key concepts that distinguish the Kima solution: Its unique security is achieved by eliminating all known attack vectors (no smart contracts, no oracles, no external relayers) and adding multiple layers of security (such as using a Trusted Execution Environment (using Intel SGX) and decoupled validation). As a result, the protocol uses game theory and financial incentives to maintain the liquidity equilibrium and maximize capital efficiency.

As a result, Kima's infrastructure simplifies and speeds up the creation of secure Omnichain applications.

NextAbout The Kima Blockchain

Last updated 2 years ago

Page cover image