Overview
The architecture of the Enjoyoors protocol is designed for the ultimate safety of funds in the protocol vaults and complete transparency in vault orchestration.
Last updated
The architecture of the Enjoyoors protocol is designed for the ultimate safety of funds in the protocol vaults and complete transparency in vault orchestration.
Last updated
LPs (so-called enjoyoors) provide liquidity to the protocol by depositing their crypto assets into Vaults deployed across a wide range of blockchain networks. In return, they earn yield nominated in gigaAssets without additional effort from their end.
At the heart of the protocol is the Enjoyoors Management System (ENJ MS), a decentralized governance and decision-making system. It manages a decentralized portfolio defined by $C-$D pairs ($C - collateral asset, $D - synthetic gigaAsset), ensuring accurate tracking and evaluation. Playing a pivotal role in determining the amount of gigaAssets to mint, it also makes decisions on their allocation across various target protocols within a wide range of blockchain networks.
We will run ENJ MS on our proprietary blockchain network (L3) at the later stages of development, enabling complete decentralization of the Enjoyoors protocol. Running the proprietary Enjoyoors network opens up a promising opportunity to build the entire DeFi ecosystem on top of it. We will touch on the technical aspects of this L3 in the Enjoyoors Orchestrator AppChain section.
The AVS Relayer is a specialized service deployed as an Actively Validated Service (AVS) on a prominent restaking platform that facilitates seamless communication between the ENJ MS and target blockchains. It functions as a two-way cross-chain message-passing protocol that listens to specific events, signs them, and securely transmits them between system components.