CCDM Overview
An overview of the CCDM System
What is CCDM?
The Cross-Chain Deposit Module (CCDM) is a sophisticated system built on Royco designed to facilitate cross-chain deposit campaigns. IPs can incentivize APs to commit liquidity on a source chain towards agreed-upon actions (supplying, LPing, swapping, etc.) on a destination chain. Royco provides efficient price discovery for protocols trying to acquire liquidity for a desired timeframe. CCDM handles safely transporting this liquidity to the intended protocol in a trust minimized manner. A single CCDM instance can facilitate cross-chain deposit campaigns from a single source chain to a single destination chain.
How does it Work?
CCDM consists of two core components: the Deposit Locker on the source chain and the Deposit Executor on the destination chain. All incentive negotiation and liquidity provision is powered by Royco Recipe IAMs that live on the source chain. Visit the following sections for a comprehensive explanation of how each CCDM component operates:
CCDM Enabled Recipe IAMs - Source Chain
Deposit Locker - Source Chain
Deposit Executor - Destination Chain
Applications
CCDM will be used to power Boyco: allowing protocols on Berachain to create pre-launch, liquidity acquisition marketplaces for day one liquidity.
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