A "checkpoint" on DerivaDEX is how the state of the exchange can be verified on Ethereum.

15 Jan 2024, 18:54
A "checkpoint" on DerivaDEX is how the state of the exchange can be verified on Ethereum. It is also important for the withdrawals process. To try calling a checkpoint yourself, check out (and ask for some testnet USDC!)

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DerivaDAO
DerivaDAODDX #1660
Twitter
15 Jan 2024, 18:54
This is how DerivaDEX withdrawals are kept consistent, secure, and convenient -- without the use of admin keys.
This is how DerivaDEX withdrawals are kept consistent, secure, and convenient -- without the use of admin keys.
DerivaDAO
DerivaDAODDX #1660
Twitter
15 Jan 2024, 18:54
Some withdrawal tips: - Each withdrawal is a two-step process, but only one step costs ETH gas. - A checkpoint must be submitted AFTER a withdrawal is initiated, but BEFORE it can be completed. However, only one checkpoint needs to be called to process all pending withdrawals.
Some withdrawal tips:. - Each withdrawal is a two-step process, but only one step costs ETH gas.
Some withdrawal tips: - Each withdrawal is a two-step process, but only one step costs ETH gas. - A checkpoint must be submitted AFTER a withdrawal is initiated, but BEFORE it can be completed. However, only one checkpoint needs to be called to process all pending withdrawals.