What is PROS? Pros Swap is a protocol for automatic cross-chain token exchange based on the Polkadot network. Its main goal is to solve a series of problems that severely limit usability, privacy and practicality in existing decentralized exchange solutions. The protocol described in this white paper will allow users to automatically exchange tokens without relying on or using centralized service providers, packaged tokens or other dedicated software. Every transaction of the user can not only complete the exchange easily and quickly, but also enjoy a low slippage trading experience. Compared with the many shortcomings of traditional SWAPs such as UNI, PROS has the following advantages: 1. Create a reliable and stable DEX exchange protocol for all blockchains connected in the network to achieve low-cost, borderless value transfer 2. Collateral can come from both the Polkadot network and any other connected network to achieve a higher supply cap 3. Leverage Polkadot's shared security mechanism to achieve the highest security on day one 4. Achieve true decentralization and censorship resistance through its alliance setting and token issuance mechanism 5. Ensure future development through non-fork, non-interruption upgrades and on-chain governance 6. Serve as a more open financial services infrastructure The most important thing is 1. The public chain and its ecology itself is a very complex system engineering. Smart contracts, node programs, communication protocols, and consensus algorithms, any problem may have a huge impact.
The PROS team continuously conducts complete code testing and module audits, and tries to use mature algorithms. It also publishes public chain bounty vulnerabilities, so that hackers have a feedback channel when they find security issues. If there is no such channel, hackers will be more inclined to exploit vulnerabilities to attack the public chain, rather than trying to contact the project party to feedback the problem.
Through necessary rectification and repair of discovered security vulnerabilities, the security level can be effectively improved. We are one of the teams that pays the most attention to security issues in the market, and we eliminate bugs from the source.
pros pulled 1.5 times yesterday, but it was labeled, so you should pay attention to this!
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