What is Deepwater ($WTR)?
Deepwater ($WTR) is a Avalanche based, trustless exchange built with a mission of provable fairness, transparency, protected order flow, and secure custody.
Deepwaters Beta is the fusion of traditional finance and blockchain technology into a Hybrid Architecture, leveraging proven concepts from both. Deepwaters aims to bring maturity to DeFi and enable systems that power the next generation of financial applications.
At Deepwaters, we are building an exchange the right way. The formula is simple:
1.Transparency: Open-source code and business logic around exchange operations (trading, custody, etc.)
2.Fairness: All traders and customers are treated equally. We eliminate information asymmetry, PFOF, and any form of prioritized internalization of orders (no party get’s privileged access to order flow).
3.Provability: Rather than asking customers to “trust us,” we are building a system that allows anyone to easily and independently verify that our software [and by extension that same open-source business logic] is running on Deepwaters systems. This is done by utilizing remote attestation, a feature of ‘confidential computing’ (built upon Intel SGX and other Trusted Execution Environments). This effectively enforces honest behavior and prevents any possibility of malfeasance.