Once the PoC is ready, there are a few things we want to improve in the next paper update:
1. Use the "Simplicity composition" pattern instead of SIGHASH_ALL in the User covenant to allow custom user authentication for asset transfers.
2. Figure out how to make the Verifier covenant input index variable and not fixed at position 0.
3. Clarify asset traceability in case of confidential amounts. Design a scheme where an "auditor" can decrypt the transfers for regulatory monitoring and reporting.
4. Propose and describe a concrete format for blacklists and whitelists.
5. Settle on the design that is good enough for an ecosystem-wide ELIP.
Introducing DAMP -- a decentralized asset management protocol for stablecoins and RWA on Liquid. Fully onchain and self-custodial. No cosigner service is needed, powered by Simplicity. Link to the full paper is below. Stay tuned for a PoC.