Abstract
We introduce Nagaswap Protocol, a collision and front-running resistant decentralized exchange protocol on Binance Smart Chain that integrates verifiable delay functions (VDF) as a proof-of-elapsed-time to resolve same-block order conflicts while preventing front-running attacks. Our proposal is the only decentralized exchange protocol that is fully trustless, publicly verifiable, resolvable, liquidity neutral, and front-running resistant.
Last modified 2yr ago