Become an Executor and Run your own
cross-chain arbitrage AMM
Backed by
Audited by
Evolution of MODULAR interoperability
Executors are off-chain agents acting as market makers that fulfil cross-chain orders, earning fees and rewards. Set how much you want to yield and your own personal AMM makes it happen out of the box.
t3rn is building an expressive protocol for generalizable function calls across different chains – an ambitious undertaking that will unlock new behaviors for crypto builders and users.
Ben Perszyk, Partner at Polychain
FAQs
Executors are key participants in the t3rn ecosystem who execute transactions on behalf of users, verify their execution on the target chain, and earn rewards for their services.
Executors are responsible for executing transactions, balancing their funds across multiple chains, and competing with other Executors to provide efficient fees for users. They generate yield by executing these transactions and verifying their execution on the target chain.
Executors earn rewards for executing transactions. These rewards are based on the value each executor has transferred cross-chain and the speed of confirmation. Additionally, having more liquidity available on the target chain they operate on is also incentivized.
The Execution Lifecycle consists of three stages: Bidding, Execution, and Finalization. Executors bid for a specific Side Effect (SFX) they want to execute during the Bidding stage. The Execution stage involves the winning Executors executing the SFXs. The Finalization stage, relevant for escrowed side effects, is required to unlock the funds on the target.
Attesters are network participants who authorize unlock transactions in the target escrow contract. They are crucial for the finalization stage of the Execution Lifecycle, where they help unlock the funds from the escrow contract.
We offer comprehensive documentation, community support, and direct assistance to help Executors understand and navigate the t3rn ecosystem effectively.
FAQs
Executors are key participants in the t3rn ecosystem who execute transactions on behalf of users, verify their execution on the target chain, and earn rewards for their services.
Executors are responsible for executing transactions, balancing their funds across multiple chains, and competing with other Executors to provide efficient fees for users. They generate yield by executing these transactions and verifying their execution on the target chain.
Executors earn rewards for executing transactions. These rewards are based on the value each executor has transferred cross-chain and the speed of confirmation. Additionally, having more liquidity available on the target chain they operate on is also incentivized.
The Execution Lifecycle consists of three stages: Bidding, Execution, and Finalization. Executors bid for a specific Side Effect (SFX) they want to execute during the Bidding stage. The Execution stage involves the winning Executors executing the SFXs. The Finalization stage, relevant for escrowed side effects, is required to unlock the funds on the target.
Attesters are network participants who authorize unlock transactions in the target escrow contract. They are crucial for the finalization stage of the Execution Lifecycle, where they help unlock the funds from the escrow contract.
A Side Effect (SFX) is a single transaction on a target blockchain.
Executors should be aware of risks such as reverted XTX, asset price changes, attester collusion (escrow only), and impossible side effects (escrow only). There's also a risk if an Executor does not confirm before the timeout, which triggers a re-execution.
An XTX is a cross-chain execution containing N side effects on an arbitrary number of different target chains. Each side effect belongs to a specific execution.
t3rn aims to create a multichain ecosystem where Executors play a critical role in enabling trust-free collaboration between blockchains. Executors can utilize and deploy interoperable smart contracts and are fairly rewarded for their contributions.
We offer comprehensive documentation, community support, and direct assistance to help Executors understand and navigate the t3rn ecosystem effectively.
t3rn will be released in phases. The first release will connect t3rn to Kusama via an on-chain light client. The second release will include Attesters, enabling two-way message sending and escrow transactions. By then, the Eth2 light client will also be ready, enabling transactions to and from Ethereum.
Become an Executor
Submit your application to become an Executor. We're excited to welcome you to our community.