Fully collateralized automated market maker
AssigneeFrontage Road Holdings, LLC
InventorsJosh Williams, Raymond A. Chiapuzio
Life of this patent
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AssigneeFrontage Road Holdings, LLC
InventorsJosh Williams, Raymond A. Chiapuzio
Estimating the term…
A computer-based system, method, and program product for providing liquidity for exchanges of digital assets ensure that an automated market maker program provides liquidity to support such an exchange. The system includes a blockchain network with multiple nodes. A node is be configured to execute an automated market maker (AMM) cryptographic system configured to receive collateral assets from other nodes, encapsulate the assets in a collateral pool, and mint a collateral token from the encapsulated assets. The token is configured to consolidate liquidity within a blockchain protocol for an exchange of a digital asset. A blockchain clearinghouse control system may be implemented upon the network to process the token and approve the exchange if performed/facilitated by/on the node or disapprove the exchange if performed separately from the node. Such a control system thereby ensures that the exchange is secure and that the AMM system provides liquidity to support the exchange.
A non-transitory computer program product for providing liquidity for exchanges of digital assets, the non-transitory computer program product comprising a computer-readable medium with computer code instructions stored thereon, the computer code instructions being configured, when executed by a processor, to cause the processor to:
Dependencies are inferred from the claim text.