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This wasn't done prior to be 'leaderless', as now the participant with the lowest ID has an extra step, yet this is still trivial. There's also notable performance benefits to not taking the previous dividing approach, which performed an exp.
Serai
Serai is a new DEX, built from the ground up, initially planning on listing Bitcoin, Ethereum, Monero, DAI, offering a liquidity pool trading experience. Funds are stored in an economically secured threshold multisig wallet.
Layout
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docs: Documentation on the Serai protocol. -
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. -
coins: Various coin 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. -
processor: A generic chain processor to process data for Serai and process events from Serai, executing transactions as expected and needed. -
contracts: Smart Contracts implementing Serai's functionality. -
substrate: Substrate crates used to instantiate the Serai network.