Everything you need know about the Monaco Protocol can be found here. This is also the home of the developer community where you can find information about the latest updates, showcase what you've been building, and, most importantly, ask any questions if you're looking for some help.
Any troubles, issues, questions, ideas you have - anything - raise them in discussions and the community will help you out.
The Monaco Protocol is a decentralized liquidity network for exchange-based applications built on the Solana blockchain. It serves as crucial infrastructure upon which third-party front-end applications for wagering on binary outcome events can be built while accessing a shared liquidity pool.
- The Monaco Protocol streamlines the wagering process.
- It helps provide greater liquidity for participants, reduce spreads, and offer lower prices.
- It lowers the take rates of institutions and middlemen.
- It reduces settlement times, increases transparency, and improves capital efficiency.
- High throughput and low costs are key pillars for any exchange-based mechanism, they are the foundation for building amazing user experiences.
- The Solana blockchain offers theoretical TPS speeds of up to 50,000/second with costs of a fraction of a cent.
- By building on the Solana blockchain, the Monaco Protocol delivers high speeds and low transaction costs while eliminating counter-party risk.
- The protocol has been audited by sec3.
- The full report is available right here.
- The protocol launched on mainnet in Q4 2022
- The program address is monacoUXKtUi6vKsQwaLyxmXKSievfNWEcYXTgkbCih
- The authority is HVirxFBMqTcZjW6b8g5gDRGfDfPaRMF8uGvtwLiLSsC6
- The program address is 5Q2hKsxShaPxFqgVtQH3ErTkiBf8NGb99nmpaGw7FCrr
- The authority on devnet is 98CVwMftrhm6zutmV29frqRPfXsocbFnwjXVxYo7xbHX
{% hint style="danger" %} Please be vigilant when interacting with any program claiming to be the Monaco Protocol. Program addresses and authorities will always be shared by the Monaco Protocol Foundation and publicized through official channels such as these docs.{% endhint %}
- You can share ideas over on the DevHub
- The Protocol is open-sourced and available at https://github.com/MonacoProtocol/protocol
- BetDEX Labs, Inc. is an early and key contributor to the Monaco Protocol.