Security
This page provides detailed information on Bolt Liquidity's various in-built security mechanisms.
Security
Bolt is built securely to enable CEX-like pricing for onchain swaps, but to prevent any extreme risks that may come along with this to do with market volatility or cross-chain communication. Some examples of the security mechanisms programmed at the protocol-level include:
Price proofs provided by the Oracle have very tight expiration periods to avoid severe price differential on and off-chain
Outposts enforce deviation limits in price as well to act as a circuit breaker in volatile conditions
Swaps enforce a minimum value each to mitigate DDoS risk
IBC ensures secure cross-chain communication
Extensibility
To ensure Bolt remains a cutting-edge product that can react to user needs the system has been designed with a truly extensible scaffold.
Outposts
The core of this design is the Bolt Outpost architecture, which allows Bolt to deploy on rapidly emerging chains with ease and enables zero-slippage trading to happen where users flow across the multi-chain ecosystem in the future.
Bolt Outposts are built in CosmWasm Rust, Move, Solidity, and Solana Rust to enable a range of L1 & L2 protocol deployments consistently.
Pools
Trading tokens on Bolt Liquidity is as simple as enabling a new token pool and having an LP deploy liquidity to that contract. As user trading patterns evolve Bolt will enable new trading options, particularly targeting assets which trade with severe price disparity on and off-chain.
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