Data Flow

Stake XRP (and stablecoins if added) → Snapshot → Eligibility Proofs → MarketFactory → AxiomCTFMarket + AxiomConditionalTokens → Offchain Matching Engine → AxiomCTFExchange → Resolution → Redemption → Staker Fee Recipient / Incentives / Dev Treasury

Trading and settlement flow:

1. A logical market is created through MarketFactory.

2. One or more AxiomCTFMarket contracts prepare the underlying conditions.

3. Users sign orders and the offchain matching engine maintains the live book.

4. Matched trades settle atomically through AxiomCTFExchange.

5. The market resolves through governance.

6. Winning positions are redeemed for collateral.

Optimization

• Merkle proofs for eligibility verification.

• Offchain matching with onchain final settlement.

• Batch settlement for capital and gas efficiency.

• Epoch-based aggregation for rewards and penalty caps.