Delegation

MXD Balance as Input and Output:

  • MXD balances can be used as both inputs and outputs in operations, enabling direct exchanges between service providers.

  • This mechanism facilitates a settlement and clearing layer for efficient transactions.

Economic Incentives:

  • Service providers can charge fees for providing instant liquidity for MXD balances, creating economic incentives for interactions.

Technical Advantages:

  • Chain-Abstracted: MXD balance records are managed on the Mobl3 network for seamless cross-chain operations.

  • Gasless Transactions: The executing contract sponsors gas fees, eliminating additional costs.

  • Fast and Atomic Settlements: Balance changes occur within a single transaction, ensuring efficiency and security.

  • Trustless Mechanism: RFQs and operation signatures guarantee trustless interactions.

  • API-First Approach: Interactions are facilitated through API calls executed by MOB smart contracts.

  • Transparency and Verifiability: Operations and accounting ledgers provide transparency and verifiability.

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