Data Flow

Stake XRP (and stablecoins if added) → Snapshot → Eligibility Proofs → MarketFactory → TieredParimutuelMarket → MarketResolver → FeeRouter → Axiom Prime Vaults + Dev Team + Creators/Proposers

Trading mechanism evolution path:

• Phase 1: Tiered Parimutuel

• Phase 2: CFMM (optional)

• Phase 3: Hybrid CLOB (optional)

Optimization

• Merkle proofs for eligibility verification.

• Batch processing of penalties/rewards.

• Claim fallback for gas-limited settlements.

• Epoch-based aggregation for penalty caps.