The Hermes Layer is the core interoperability and liquidity management module of the Omnichain Engine, ensuring smooth cross-chain interactions.

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Key Responsibilities

1. Liquidity Management

   • Oversees native token liquidity from all blockchains.

   • Manages staking and rewards for liquidity providers.

2. Validator Operations

   • Ensures validator functionality, slashing mechanisms, and network security.

3. Fee Collection and Distribution

   • Collects transaction fees and redistributes them efficiently within the network.

4. Universal Cross-Chain Liquidity Access

   • Offers developers access to liquidity across chains for seamless integration and operation.

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Main Modules

1. Narada

   • Connects clients to the Hermes Layer.

   • Monitors blockchain events (e.g., token swaps between chains) and relays them to the Hermes Layer in a compatible format.

2. Threshold Signature Scheme (TSS)

   • Secures liquidity held in the Hermes Layer.

   • Supports various signature mechanisms, including ECDSA, RSA, and ed25519.

3. Fortunas

   • Vaults holding liquidity of multiple tokens.

   • Ensures liquidity release through validator signatures (⅔ quorum).

4. Sors

   • Handles small token swap amounts efficiently, mitigating delays in TSS processes.

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Endpoint Resources

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Testnet