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The caller is paid a fixed fee per unit of gas spent. That arguably incentivizes the publisher to raise the gas used by internal calls, yet this doesn't effect the user UX as they'll have flatly paid the worst-case fee already. It does pose a risk where callers are arguably incentivized to cause transaction failures which consume all the gas, not just increased gas, yet: 1) Modern smart contracts don't error by consuming all the gas 2) This is presumably infeasible 3) Even if it was feasible, the gas fees gained presumably exceed the gas fees spent causing the failure The benefit to only paying the callers for the gas used, not the gas alotted, is it allows Serai to build up a buffer. While this should be minor, a few cents on every transaction at best, if we ever do have any costs slip through the cracks, it ideally is sufficient to handle those.
Serai
Serai is a new DEX, built from the ground up, initially planning on listing Bitcoin, Ethereum, DAI, and Monero, offering a liquidity-pool-based trading experience. Funds are stored in an economically secured threshold-multisig wallet.
Layout
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audits: Audits for various parts of Serai. -
spec: The specification of the Serai protocol, both internally and as networked. -
docs: User-facing documentation on the Serai protocol. -
common: Crates containing utilities common to a variety of areas under Serai, none neatly fitting under another category. -
crypto: A series of composable cryptographic libraries built around theff/groupAPIs, achieving a variety of tasks. These range from generic infrastructure, to our IETF-compliant FROST implementation, to a DLEq proof as needed for Bitcoin-Monero atomic swaps. -
networks: Various libraries intended for usage in Serai yet also by the wider community. This means they will always support the functionality Serai needs, yet won't disadvantage other use cases when possible. -
message-queue: An ordered message server so services can talk to each other, even when the other is offline. -
processor: A generic chain processor to process data for Serai and process events from Serai, executing transactions as expected and needed. -
coordinator: A service to manage processors and communicate over a P2P network with other validators. -
substrate: Substrate crates used to instantiate the Serai network. -
orchestration: Dockerfiles and scripts to deploy a Serai node/test environment. -
tests: Tests for various crates. Generally,crate/src/testsis used, orcrate/tests, yet any tests requiring crates' binaries are placed here.
Security
Serai hosts a bug bounty program via Immunefi. For in-scope critical vulnerabilities, we will reward whitehats with up to $30,000.
Anything not in-scope should still be submitted through Immunefi, with rewards issued at the discretion of the Immunefi program managers.
Links
- Website: https://serai.exchange/
- Immunefi: https://immunefi.com/bounty/serai/
- Twitter: https://twitter.com/SeraiDEX
- Mastodon: https://cryptodon.lol/@serai
- Discord: https://discord.gg/mpEUtJR3vz
- Matrix: https://matrix.to/#/#serai:matrix.org
- Reddit: https://www.reddit.com/r/SeraiDEX/
- Telegram: https://t.me/SeraiDEX