Execution Speed

1. Speed is paramount in the world of trading, especially for scalpers who rely on lightning-fast execution to capitalize on fleeting market opportunities.

2. With PIO bilateral architecture, trades can be conducted on a peer-to-peer basis, rather than the traditional peer-to-pool approach. This design allows liquidity providers to leverage their own discretionary off-chain private risk engines, resulting in unparalleled speed and efficiency.

Offchain Signing, Onchain Settlement

1. Trades are signed off-chain by both parties involved in the transaction.

2. Once both parties sign a trade, it cannot be rolled back, as each party possesses verifiable proof of the transaction. Eliminating the need for time-consuming on-chain confirmation.

3. This enables trades to be executed in mere milliseconds, providing scalpers with the agility they need to seize fleeting market opportunities.

Trusted Triparty Mechanism

1. To prevent double-spending and ensure the integrity of the trading process, PIO employs a trusted triparty mechanism.

2. This triparty acts as a reliable intermediary, verifying each trade's legitimacy and preventing attempts at double-spending.

3. In the unlikely event of any discrepancies or suspicious activity, positions can be rapidly settled on-chain.

4. Double-spending in this context would imply that a party without sufficient funds has triggered a hedge, resulting in market-making fees.

5. To further enhance the robustness of the system, we are actively working on evolving the off-chain triparty mechanism to include slashing functionality, holding the triparty accountable for any instances of double-spending.