Asset issuers
Issue once. Trade on every chain. Settle by proof.
You issue on the chains your holders use, and each deployment becomes its own market. One asset on many chains is many markets, joined by bridges, with liquidity split between them and no single record across them.
What it’s for
Stablecoins.
Holders on other chains can buy yours, and each trade settles by proof, with no custodian.
Tokenized gold.
A gold token can trade against bitcoin, or any coin, through .connected - Joined to Amaroo by imaging. A connected chain is a foreign chain that Amaroo’s chains image, and a connected coin is that chain’s coin. Amaroo’s own chains are simplex chains, and dapp-chains are anchored, not connected.ROO - The network’s token. It pays fees, and every order book is priced against it.
Tokenized property.
A property token that needs its own rules can live on a of your own.dapp-chain - An application chain with its own rules, which can be anchored to Amaroo’s network. A dapp-chain runs the consensus its builders choose, and is as secure as that consensus; its headers can be imaged onto the simplex. The first dapp-chains’ consensus: Dapp-chains.
What it makes possible
A book against ROO.
Your asset can get an order book priced against ROO, so holders of any connected coin can reach it in two trades.
DEX infrastructureSettlement by proof.
Trades in your asset can settle by proof, with no custodian. While a trade settles, the protocol escrows the ROO side.
How a trade settlesYour rules, on a chain of your own.
A dapp-chain can carry your asset with its own rules. It runs the consensus you choose and is as secure as that consensus, and its headers can be onto the . The aim is for its assets to reach the wider network.image - to record and check another chain’s block headers. The whitepaper calls the record a projection.simplex - A network of chains in which every chain reflects every other. Amaroo’s simplex carries the order books.
Dapp-chainsProofs of payment and reserve.
Amaroo can image your asset’s chain, which lets it prove and there, with no committee in the middle. A reserve proof covers the addresses a holder names.proof of payment - A proof, checked against a foreign chain’s imaged headers, that a payment happened on that chain and is buried at its confirmation depth.proof of reserve - A proof, checked the same way, of the balance at addresses a holder names on that chain.
ImagingIssuance and identity stay yours.
Amaroo doesn’t issue your asset or your holders’ identities. Minting, redemption and identity checks stay with you.
How your asset can go from issue to settlement
Step 1 of 4: Issue on your chain.
Dashed, then a square: a header recorded on Amaroo. Padlock: held in escrow. Open: released. Ladder: an order book, asks above bids.
Step 1: Issue on your chain.
You issue where your holders are, as you do now. Amaroo can image that chain: record and check its block headers in its own blocks.
Step 2: A book opens.
Your asset can get an order book on Amaroo, priced against ROO, that clears at one price every block.
Step 3: Holders anywhere trade.
A holder of bitcoin, or of any coin with a book, can sell it for ROO, then buy your asset with ROO: two trades, from their own wallet.
Step 4: Settled by proof.
The seller pays in your asset, and the proof of that payment releases the buyer’s ROO to the seller. No custodian holds your asset on the way.
A trade end to end, including a seller who never pays: DEX infrastructure.
Write to Amaroo.
About a book for your asset, a dapp-chain of your own, or proofs for your holders.