Participants
Network of Momentum Multi-chain Infrastructure has four different type of participants: Guardians
, Orchestrator Nodes
, Liquidity Providers
and the Administration Module
.
Guardians
Guardians will be elected from prominent members of the community. Their main responsibility is to safeguard the infrastructure in case of an emergency. They will act as judges in case of a major failure of the infrastructure and they are responsible to appoint a new admin.
Administration Module
The role of the administration module is to manage the infrastructure. It cannot move funds and its permissions are limited in scope. The Core Contracts are designed to be managed by the community members through a governance module, similar to Accelerator-Z. At the moment the governance capabilities of NoM are insufficient to ensure this functionality. Until a solution is developed, the admin will be managed by the maintainers of the codebase.
Orchestrator Nodes
All the nodes of the orchestrator layer will run on Pillars. This design decision is based on the consideration that the security of the whole network depends on NoM consensus running nodes. Pillar operators already have both the technical background and know-how to operate nodes and a sufficient stake in the network to responsibly manage this critical piece of infrastructure. Pillars will be able to be part of the orchestrator peer-to-peer layer (libp2p
) and participate in the threshold signature (TSS
) ceremonies.
Liquidity Provides
Liquidity Provides (LPs
) are users with available capital that are incentivized through the Orbital Program to directly participate into the network by staking their liquidity in order to receive dual-coin (ZNN
and QSR
) rewards. They must ensure adequate levels of liquidity for users to be able to frictionlessly swap their assets in and out of the ecosystem.