HackMD - Collaborative Markdown Knowledge Base

## Atelerix: Cross-Chain Automatization for Seamless Blockchain Interoperability **Description:** Atelerix is a cross-chain platform that serves as a Level-0 infrastructure bridging various blockchains. It offers cross-chain smart contracts capable of reacting to different chain events, executing parallel transactions, and scaling horizontally. The platform also includes a cross-chain decentralized exchange (DEX) based on an order book. **Manifesto/Vision:** Blockchain still lacks comprehensive cross-chain solutions and cross-chain smart contracts. Many crypto teams spend excessive time on building infrastructure, such as bridges, oracles, and relayers, instead of focusing on their core services. Atelerix aims to provide a Level 0 cross-chain infrastructure accessible to any Web3 project, empowering them to automate processes and enhance contracts through cross-chain functionalities. **Problem:** The current blockchain ecosystem lacks a decentralized solution for performing actions across multiple blockchains without the need for asset transfers to third-party addresses or services. Trading primarily occurs on centralized exchanges (CEXes), and existing cross-chain solutions are limited to specific ecosystems, such as Avalanche, Polka, and Cosmos. Automating blockchain actions often requires complex coding for bridges, oracles, and relayers. Additionally, account abstraction lacks emphasis on cross-chain interactions. **Solution:** Atelerix began as a cross-chain DEX project but evolved to eliminate the need for a blockchain while preserving security and decentralization. The platform facilitates token swaps, trading, automation, and other blockchain actions across multiple chains using diverse signals. Atelerix's design encompasses a cross-chain DEX leveraging AMM liquidity, cross-chain routing for optimal token swaps, and cross-chain automation programmable via a Telegram interface or Solidity code. **Product Features:** - Cost-effective and secure token swaps through a cross-chain order book, aggregating AMMs on different chains. - Trading capabilities not limited to a single blockchain, enabling users to manage their strategies via a Telegram bot that reacts to market changes in approximately 1 second till an automated transaction being formed and sent. - Seamlessly integrates into existing blockchain services and applications, allowing easy addition of new features without user migration. For example, implementing automated cross-chain strategies like restaking to maximize income or managing liquidity pools across multiple chains. - Parallel execution of transactions due to stateless design, enabling scalable solutions. **Security:** Security is ensured through GG20 TSS, employed by Atelerix's oracles, as evidenced by external audit reports and research papers. **Progress:** After completing the R&D stage, Atelerix extensively tested its solutions on various testnets. The platform has oracles on Binance and Ethereum mainnet. Automated trading is already functional, with limit order and limit stop order cases. Multiple signals have been tested and prepared for deployment, eg, candles, EMAs and SMAs. **Differentiation (from other projects):** Atelerix distinguishes itself from similar projects by offering: * DEFIHelper - is more focused on UI/UX and predefined trading strategies * 1Inch - has single chain routing, great community and token * ChainLink - a cross-chain solution with a different approach and no automation, but excellent support across blockchains. * https://www.composable.finance/ - a Cosmos application with custom VM and predefined contract functions. We are doing it in a different manner. We don't have problems with verifying cross-chain messages or custom VM: HOSC are pure stateless functions * https://www.gelato.network/relay - can executive only by timer and only prepated transaction, can't change transaction accounting to events and contracts state. You need to have your contact public, which is not great for teading, for example. Also Gelato is a centralized service according to https://docs.gelato.network/introduction/architecture. * LayerZero - We don’t have our blockchain for purpose. We can execute transactions in parallel, and we can traditionally scale our services without the need to deal with state bloat or TPS bottleneck. LayerZero can't use data and metadata from multiple chains or domultiple transactions like: if a token price goes up by 5% on Ethereum UniSwap, then buy the token on BSC and Polygon. **Team:** Boris and I started working in crypto more than 6 years ago. We worked with Ethereum Foundation(as core developers in Erigon), Polygon: * https://www.linkedin.com/in/evgenii-danilenko-90895524/ * https://www.linkedin.com/in/b00ris/ We have a team: * two core Ethereum developers * a devops and security * a frontend developer **Additional Resources:** - [Technical Details](https://hackmd.io/wSA6b6QpT1esfaWNNvR4hQ) - [Technical Diagram](https://miro.com/app/board/uXjVMfc5nZU=/?share_link_id=502422094493) - [Telegram Bot for DEX and Trading](https://t.me/crosschain_mainnet_bot)