What are Solver Networks?

Solver networks are third parties responsible for executing trades on behalf of users based on their submitted intents.

In general, a solver is a computer algorithm that takes the orderbook as input and calculates the optimal prices and traded amounts for all orders and liquidity sources (such as AMMs), ensuring the best overall trading experience.

After a user submits an intent, the protocol groups it with other intents into a batch auction. A competition then begins where solvers propose solutions for the intents in the batch.

The solver offering the best solution is selected to execute the trades. Solvers are rewarded with Lamina tokens and transaction fees for settling batches, motivating them to find better prices and win the opportunity to execute user intents.