Validator Set Accountability
Users lack guarantees that fiat ramps will honor crypto payments especially in developing markets. To tackle this, Codex introduces economic enforcement for real world deliverability.
The Codex validator set is composed of ramp participants and enforces crypto ↔ fiat commitments via slashing.
- Validators must honor fiat obligations accurately and timely
- Protocol-native slashing applies for failure to fulfill obligations
Learn more about how validators work in Codex.