Market Fairness Assurance
Market fairness assurance refers to the collection of policies and technical safeguards that ensure all market participants have equal access and are treated equitably, especially during periods of stress. This includes preventing front-running, ensuring transparent execution, and maintaining equal access to information.
In the context of incident management, this means that an outage should not be used to the advantage of a select few. Fairness is the bedrock of market integrity and is necessary for long-term growth and adoption.
Protocols and exchanges must demonstrate that their systems are designed to be impartial. This involves regular audits and transparent reporting on incident resolution.
It is essential for regulatory compliance and user trust.