0x_nodes: technical overview

0x_nodes
0x_nodes
Published in
3 min readMay 15, 2021

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Phase I: ETH:mainnet

ETH:mainnet is the key to the heart of the 0x_nodes network. Although we recognize scaling issues are a hindrance to development on ETH:mainnet, through our revolutionary technology we aim to be a solution, not a continuation of the problem.

One of the first things the end user will notice coming into our liquidity module is the inputs for $BIOS token and an additional asset to deposit with the $BIOS token. Depending on how much $BIOS is deposited, the end user will unlock additional levels of deposits for their secondary asset.

The end user will begin receiving network protocol fees from every node on enabled on the network at time of $BIOS deposit. Additionally, an end user will not be required to deposit additional assets, should they choose to only collect protocol fees.

The mining of $BIOS is designed to be perpetual. Through the distribution of yield that a single node aggregates, it will be continually refilling the $BIOS inside the contract for additional $BIOS to return in exchange for usage of the system.

The creation of the synthetic USD with yVault integration for a self paying loan while earning yield was created in order to integrate the additional liquidity into the overarching network.

Phase II: EVM mesh network

Disclaimer: the list of EVM nodes that will be deployed is not finalized.

Quickly after our initial mainnet deployment, 0x_nodes will begin deploying nodes to feed a unidrectional yield aggregate to the ETH:mainnet node.

During the remote:EVM deployment, you will begin to see the interoperability between nodes come to fruition. Building custom yield bearing strategies on remote nodes, and asset movements between nodes will be enabled — and the true yield aggregation network will be live, and functional.

Yield paid in native settlement tokens (FTM, MATIC, ETH, et al.), and native $BIOS tokens will allow the 0x_nodes to flourish in ways no other network on market is able to. Integrations with remote protocols that arent interoperable by nature, but can be utilized inside our network will be assimilation not optional, but inevitable.

Liquidity Aggregation model: All roads lead to Rome

Although protocol fee distribution is equal amongst all nodes, the ability to move freely throughout the network from ETH:mainnet we believe, is key to adoption.

coming soon: partnerships + integrations.

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