Lit Protocol is a decentralized network that enables GBP to execute trades through secure multi-party computation (MPC). Instead of having competing solvers, GBP uses Lit Protocol’s deterministic JavaScript code running on independently operated nodes to coordinate order fulfillment. This unified approach eliminates the inefficiencies of traditional multi-solver systems while maintaining decentralization.

GBP achieves true decentralization through multiple layers: Lit Protocol’s distributed node network executes all solving logic, liquidity is provided by users rather than centralized market makers, and the protocol’s smart contracts are fully permissionless. The Genius Foundation DAO governs critical protocol parameters, ensuring no single entity controls the system.

GBP maintains liquidity vaults across networks and uses Lit Protocol’s orchestrator system to coordinate instant settlements. By eliminating competitive solver auctions and utilizing native DEX liquidity, orders can be filled immediately without waiting for external bridges or competing bids.

Unlike traditional bridges that rely on centralized solvers and require high capital barriers for liquidity providers, GBP offers permissionless liquidity provision, lower fees through direct DEX integration, and superior execution through its unified solver architecture. The protocol also handles gas management and supports seamless cross-chain transactions.

Arbitrary call data enables developers to build complex cross-chain applications by executing custom logic after bridging. This means you can create sophisticated DeFi interactions, like taking out a loan on one chain using collateral from another, all in a single atomic transaction. This composability opens up entirely new possibilities for cross-chain DeFi applications.

GBP maintains a dynamic equilibrium of liquidity across supported networks through automated rebalancing. When vault imbalances occur, Lit Protocol’s orchestrators identify optimal rebalancing routes and execute transfers using the most cost-effective external bridges. The protocol maintains a minimum 25% liquidity threshold on each network, with rebalancing costs amortized across all users through the protocol fee.

Liquidity providers earn yield from multiple sources: trading fees from users executing cross-chain swaps, positive slippage captured during DEX trades, and optimized rebalancing routes. Unlike traditional bridges that rely on expensive solver infrastructure, GBP’s efficient design using Lit Protocol means more revenue can be passed directly to liquidity providers. Additionally, since anyone can provide liquidity without maintaining complex infrastructure, the protocol creates a more competitive and efficient market for generating yields.