⚖️Attester Integrity

Ensuring the integrity of attesters is critical to the security and reliability of our lending protocol. Attesters, who play a pivotal role in verifying transactions and state changes within our system, must adhere to the highest standards of honesty and accuracy. To enforce these standards, we have implemented a rigorous penalty mechanism designed to deter misconduct and incentivize proper behavior among attesters.

Attester Staking and Delegation Requirements

High Stakes Required:

• Attesters are required to stake a significant amount of ORBK tokens, which serves as a security deposit. This substantial stake ensures that attesters have a considerable financial incentive to act in accordance with the protocol's guidelines and user interests.

Delegation to Boost Trust:

• Users can delegate their ORBK tokens to attesters, enhancing the attestors’ stake and integrating community trust into their operations. Attestors with higher levels of delegated tokens are perceived as more trustworthy, reflecting broader community backing and accountability.

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Penalty Mechanism for Attesters

Slashing for Misconduct:

• If an attester is found to have acted dishonestly, a portion of their staked ORBK tokens will be slashed. The severity of the slash depends on the nature of the misconduct, ensuring that the punishment is proportionate to the infraction.

Reward Redistribution:

• Tokens that are slashed from dishonest attesters are either redistributed to users who were adversely affected by the attestor's actions or added to the reward pool for other attesters who continue to perform their duties honestly. This redistribution not only compensates affected parties but also reinforces a culture of integrity within the network. An alternative solution of burning is proposed but undecided yet.

Community Reporting Mechanism:

• We encourage the community to remain vigilant and report any suspicious activities by attesters. A reward mechanism is in place for community members who successfully identify and report attester misconduct, further promoting an environment of collective responsibility.

These measures are integral to maintaining the security and efficacy of our protocol, ensuring that attesters perform their roles with the utmost integrity. By instituting stringent requirements and serious repercussions for violations, our system upholds a high standard of trust and security, crucial for the success of our cross-chain lending operations.