The document describes Kyber, an on-chain liquidity protocol that allows for instant token swaps in a decentralized manner across blockchains. It discusses the key actors in the protocol including takers, reserves, and maintainers. It outlines the core functions including getting conversion rates from reserves and executing trades. It also describes how basic token trades and token-to-token trades are executed. The document discusses connecting liquidity across blockchains through practical relay approaches and envisioning a unified liquidity network.
Where we explain how the concept of a crypto currency can lead to the creation of a new kind of autonomous corporation. This one part of a three part slide deck. For the full deck and the context please visit http://bit.ly/pm-bbc
Bitcoin, Blockchain and the Crypto Contracts - Part 2Prithwis Mukerjee
Where we explain how the cryptographic ideas are used to create a crypto asset on the block chain. This one part of a three part slide deck. For the full deck and the context please visit http://bit.ly/pm-bbc
Blockchain Essentials for Enterprise ArchitectsGokul Alex
My session on Blockchain : Protocols, Platforms, Principles and Paradigms presented in the Benagluru Chamber of Industries and Commerce #BCIC Talk Series held at VMware Software India in collaboration with WomenWhoCode. This presentation is a compilation of essential concepts about Bitcoin, Ethereum, IPFS, Hyperledger, R3 Corda.
Deconstructing Decentralized Exchanges
by Lindsay X. Lin, Legal Counsel at Interstellar and Stellar Development Foundation
The goal of this Essay is to explain the architectural structure of decentralized exchanges, and the performance and security tradeoffs associated with various architectural choices.
Blockchain Application Design and Development, and the Case of Programmable M...Ingo Weber
Slides from my CLOSER 2021 keynote ( https://www.insticc.org/node/TechnicalProgram/closer/2021/presentationDetails/1390 )
Blockchain has emerged as a decentralized platform for managing digital assets and executing 'smart contracts', i.e., user-defined code. While blockchain's suitability for a given use case should always be scrutinized, it does have the potential to disrupt many of the connection points between individuals, companies, and government entities. In this keynote talk, I will provide an overview of what architects and developers need to know in order to build blockchain-based applications, and how it relates to the cloud and software services. Among others, I will cover blockchain-as-a-service concepts, as well as architectural concerns and model-driven engineering for blockchain applications, the latter also in relation to collaborative business processes. To highlight some of the challenges, I will discuss insights from a project on "programmable money", i.e., blockchain-based money for conditional payments where the money itself checks whether it can be spent in a certain way at the point of payment. Finally, I will touch on insights into current adoption of blockchain.
Where we explain how the concept of a crypto currency can lead to the creation of a new kind of autonomous corporation. This one part of a three part slide deck. For the full deck and the context please visit http://bit.ly/pm-bbc
Bitcoin, Blockchain and the Crypto Contracts - Part 2Prithwis Mukerjee
Where we explain how the cryptographic ideas are used to create a crypto asset on the block chain. This one part of a three part slide deck. For the full deck and the context please visit http://bit.ly/pm-bbc
Blockchain Essentials for Enterprise ArchitectsGokul Alex
My session on Blockchain : Protocols, Platforms, Principles and Paradigms presented in the Benagluru Chamber of Industries and Commerce #BCIC Talk Series held at VMware Software India in collaboration with WomenWhoCode. This presentation is a compilation of essential concepts about Bitcoin, Ethereum, IPFS, Hyperledger, R3 Corda.
Deconstructing Decentralized Exchanges
by Lindsay X. Lin, Legal Counsel at Interstellar and Stellar Development Foundation
The goal of this Essay is to explain the architectural structure of decentralized exchanges, and the performance and security tradeoffs associated with various architectural choices.
Blockchain Application Design and Development, and the Case of Programmable M...Ingo Weber
Slides from my CLOSER 2021 keynote ( https://www.insticc.org/node/TechnicalProgram/closer/2021/presentationDetails/1390 )
Blockchain has emerged as a decentralized platform for managing digital assets and executing 'smart contracts', i.e., user-defined code. While blockchain's suitability for a given use case should always be scrutinized, it does have the potential to disrupt many of the connection points between individuals, companies, and government entities. In this keynote talk, I will provide an overview of what architects and developers need to know in order to build blockchain-based applications, and how it relates to the cloud and software services. Among others, I will cover blockchain-as-a-service concepts, as well as architectural concerns and model-driven engineering for blockchain applications, the latter also in relation to collaborative business processes. To highlight some of the challenges, I will discuss insights from a project on "programmable money", i.e., blockchain-based money for conditional payments where the money itself checks whether it can be spent in a certain way at the point of payment. Finally, I will touch on insights into current adoption of blockchain.
Introducing r3 corda™ a distributed ledger designed for financial servicesRazi Rais
Slides from NYC MS Cloud group event on Corda.
Tom Menner, Director and Solutions Architect at R3 covered following topics:
· Understand what Corda is and how it differs from blockchain platforms such as Ethereum and Hyperledger Fabric;
· Use cases of Corda
· Corda on Azure and R3’s partnership with Microsoft
The Fourth Industrial Revolution?
Blockchain Innovation Checkpoint
Blockchain BM Development
Blockchain Components
Blockchain Platforms: Ethereum
Block Innovation Frontline: Issues with Public Chain
Blockchain Platforms: Hyperledger Fabric
Hyperledger Fabric Transaction
Hyperledger Fabric Transaction Deployment
International Trade Use Case
Food SCM Use Case
Hyperledger Fabric Token Wallet Implementation
Mobile Wallet Token Transaction Implementation
Hyperledger Fabric Production Grade Network Implementation
Blockchain + AI: Blockchain for AI Business Cases
Blockchain + AI + Big Data Integration Demo
Medical CBIR System Demo for Diabetic Retinopathy Diagnosis
Mobile E-Commerce Integration
Marijuana (Cannabis) E-commerce/SCM Mobile Platform
Secure Multi Coin Decentralized Wallet Development
Demystify blockchain development with hyperledger fabricBenjamin Fuentes
The World has been following blockchain technology last year with the raise of the public blockchains, the Bitcoin value overpassing Gold and now private blockchains for Business.
Why so many interest on permissioned blockchain ? Which industries are impacted ? What is new for 2017 ? You will have a short presentation on blockchain and a demo on the latest Hyperledger Fabric V1 around an original use case for airline industry
Introduction to Blockchain and the Hyperledger ProjectManuel Garcia
Does The Hyperledger Project have the potential to become the engine behind most successful decentralized applications and organizations created in the next 25-50 years? Absolutely!
A much better question is how, and in what new ways, can we:
a) Build decentralized applications, organizations and APIs at 10x the speed at 1/10 the cost.
b) Build situational awareness in the local community.
I believe that the convergence of decentralized applications, decentralized organizations, artificial intelligence and IoT brings upon us the Great Displacement of the 21st century, where the majority of workforce will be left without “conventional” jobs, forced to learn new skills and professions. Why?
Founders of this group believe that the Hyperledger Foundation will be the engine behind decentralization of the world, a massive economic change of the next 25-50 years.
So.... why don't we standardize and democratize the field with and around Hyperledger?
What?
We are a local micro community of those interested in advancing their knowledge of Hyperledger, its use cases and applications.
How?
Join our group for a regular dose of human interaction, conversations, smiles, food and drinks on all things Hyperledger:
• Use Cases
• Competitive analysis of Hyperledger startups (Distributed Apps from disruptive companies in specific vertical markets)
• How-To’s
• Interviews with individuals working at the edge of the Hyperledger project
• Reviews of tools, services and APIs offered by the Hyperledger ecosystem
• Best Practices in Application Architecture
• Do’s and Don’ts
• Application Templates
• Hackathons
• Security in the decentralized world - on the edge, on the node, in the cloud and in transit
• How others solve some of the hard problems that exist in the world using Hyperledger.
https://www.hyperledger.org
https://github.com/hyperledger
Join the movement. Let’s change the world. Because with Hyperledger we can.
This slides belong to a presentation done by Manuel Garcia @ http://www.meetup.com/HyperLedger-and-Blockchain-Apps-Buenos-Aires
Presentation material for Quorum meetup in Singapore (1 June) for the purpose of circulating among attendees.
Presentation by Sai Valiveti, Quorum platform development lead for APAC
An introduction to Quorum that covers:
- What is Quorum
- Key features
- Technical deep-dive: privacy
- What can be done with Quorum
- Existing use-cases
- Getting started with Quorum
Weaving the ILP Fabric into Bigchain DBInterledger
Dimitri De Jonghe presents on how Bigchain DB can use Interledger to connect disparate systems. Presented at the Interleder Workshop in London on 7/6/2016. Full presentation here: https://interledger.org/presentations/2016-07-06%20-%20ILP%20Workshop%20London%202016.pdf
Hyperledger Fabric Introduction
Hyperledger Fabric Transaction
Hyperledger Fabric Installation on Ubuntu
International Trade Use Case
International Trade Use Case Smart Contract (Chaincodes)
International Trade Use Case Deployment
International Trade Use Case Hands-On
Smart Contract is gaining popularity globally. The objective of this presentation is to provide an overview of smart contract, types, components, technologies and use cases.
How do private transactions work on QuorumChainstack
Quorum Meetup: How Private Transactions Work on Quorum
Quorum, like Ethereum, supports smart contracts written in solidity, with the added feature for private transactions. In this meetup, developer advocate Syahrul Nizam (https://github.com/syahrul12345) will run through how Quorum implements this privacy feature with the power of the transaction manager and enclave.
About Quorum (https://www.goquorum.com)
Based on Ethereum, Quorum is an open-source blockchain platform that combines the innovation of the public Ethereum community with enhancements to support enterprise needs.
About Chainstack (https://chainstack.com)
Chainstack is a multi-cloud and multi-protocol Platform as a Service that empowers businesses to rapidly build, deploy, and manage decentralized networks and services.
Chainstack's user-friendly interface and a rich set of APIs help businesses to implement enterprise-grade decentralized solutions and quickly progress from proof of concept to production on their use cases.
At Chainstack, we are making it simple and cost-effective for innovative businesses to leverage the potential of decentralization. With interoperability, security, analytics, and a host of other advanced features only a click away on the platform, business consortiums can accelerate the development of transformative decentralized processes and solutions.
Introduction to blockchain and crypto currenciesRohas Nagpal
The Blockchain technology has received tremendous attention over the last couple of years.Key benefits of blockchains include immutability and decentralisation.
Reserve Bank of India has said that "With its potential to fight counterfeiting, the 'blockchain' is likely to bring about a major transformation in the functioning of financial markets, collateral identification (land records for instance) and payments system".
This presentation introduces the blockchain technology.
Introduction to Ethereum Blockchain & Smart ContractThanh Nguyen
The Harvard Business Review (HBR) thinks that Blockchain Technology has to power to keep data safe for consumers and businesses alike; because Blockchain provides a secure and immutable ledger, HBR says it represents the key to taking back privacy of data.
“You can keep certified copies of identity documents, biometric test results, health data, or academic and training certificates online, available at all times, yet safe unless you give away your key. At a whole system level, the database is very secure.”
Bitmark and Hyperledger Workshop: the Digital Assets and PropertyJollen Chen
Introducing the Bitmark and Hyperledger project, how they facilitate the blockchain technology for the digital assets and property world, and learn the Chaincode 101.
Patents are a good information resource for obtaining the state of the art of the blockchain DeFi (Decentralized Finance) technology innovations insights.
Patent information also can provide many valuable insights that can be exploited for developing and implementing new technologies. Patents can also be exploited to identify new product/service development opportunities.
I. Blockchain DeFi Technology Innovation Status
Blockchain DeFi technology innovation entities
Blockchain DeFi patent application landscape with respect to the key technology innovation field:
Decentralized Asset/Fund Management
Decentralized Lending and Borrowing
Stable Coin
Decentralized Exchange (DEX)
Decentralized Derivatives
Decentralized Margin Lending and Trading
Non-fungible Token
Decentralized Oracle
Price Discovery
Decentralized Payment
Decentralized Staking Pool
II. Blockchain DeFi Technology Innovation Details
A. Decentralized Exchange (DEX)
automated market maker (AMM)
liquity pool
margin trading
automic swap
price oracle
B. Decentralized Lending and Borrowing
flash loan
Collateralized Debt Position (CDP)
yield farming
Introducing r3 corda™ a distributed ledger designed for financial servicesRazi Rais
Slides from NYC MS Cloud group event on Corda.
Tom Menner, Director and Solutions Architect at R3 covered following topics:
· Understand what Corda is and how it differs from blockchain platforms such as Ethereum and Hyperledger Fabric;
· Use cases of Corda
· Corda on Azure and R3’s partnership with Microsoft
The Fourth Industrial Revolution?
Blockchain Innovation Checkpoint
Blockchain BM Development
Blockchain Components
Blockchain Platforms: Ethereum
Block Innovation Frontline: Issues with Public Chain
Blockchain Platforms: Hyperledger Fabric
Hyperledger Fabric Transaction
Hyperledger Fabric Transaction Deployment
International Trade Use Case
Food SCM Use Case
Hyperledger Fabric Token Wallet Implementation
Mobile Wallet Token Transaction Implementation
Hyperledger Fabric Production Grade Network Implementation
Blockchain + AI: Blockchain for AI Business Cases
Blockchain + AI + Big Data Integration Demo
Medical CBIR System Demo for Diabetic Retinopathy Diagnosis
Mobile E-Commerce Integration
Marijuana (Cannabis) E-commerce/SCM Mobile Platform
Secure Multi Coin Decentralized Wallet Development
Demystify blockchain development with hyperledger fabricBenjamin Fuentes
The World has been following blockchain technology last year with the raise of the public blockchains, the Bitcoin value overpassing Gold and now private blockchains for Business.
Why so many interest on permissioned blockchain ? Which industries are impacted ? What is new for 2017 ? You will have a short presentation on blockchain and a demo on the latest Hyperledger Fabric V1 around an original use case for airline industry
Introduction to Blockchain and the Hyperledger ProjectManuel Garcia
Does The Hyperledger Project have the potential to become the engine behind most successful decentralized applications and organizations created in the next 25-50 years? Absolutely!
A much better question is how, and in what new ways, can we:
a) Build decentralized applications, organizations and APIs at 10x the speed at 1/10 the cost.
b) Build situational awareness in the local community.
I believe that the convergence of decentralized applications, decentralized organizations, artificial intelligence and IoT brings upon us the Great Displacement of the 21st century, where the majority of workforce will be left without “conventional” jobs, forced to learn new skills and professions. Why?
Founders of this group believe that the Hyperledger Foundation will be the engine behind decentralization of the world, a massive economic change of the next 25-50 years.
So.... why don't we standardize and democratize the field with and around Hyperledger?
What?
We are a local micro community of those interested in advancing their knowledge of Hyperledger, its use cases and applications.
How?
Join our group for a regular dose of human interaction, conversations, smiles, food and drinks on all things Hyperledger:
• Use Cases
• Competitive analysis of Hyperledger startups (Distributed Apps from disruptive companies in specific vertical markets)
• How-To’s
• Interviews with individuals working at the edge of the Hyperledger project
• Reviews of tools, services and APIs offered by the Hyperledger ecosystem
• Best Practices in Application Architecture
• Do’s and Don’ts
• Application Templates
• Hackathons
• Security in the decentralized world - on the edge, on the node, in the cloud and in transit
• How others solve some of the hard problems that exist in the world using Hyperledger.
https://www.hyperledger.org
https://github.com/hyperledger
Join the movement. Let’s change the world. Because with Hyperledger we can.
This slides belong to a presentation done by Manuel Garcia @ http://www.meetup.com/HyperLedger-and-Blockchain-Apps-Buenos-Aires
Presentation material for Quorum meetup in Singapore (1 June) for the purpose of circulating among attendees.
Presentation by Sai Valiveti, Quorum platform development lead for APAC
An introduction to Quorum that covers:
- What is Quorum
- Key features
- Technical deep-dive: privacy
- What can be done with Quorum
- Existing use-cases
- Getting started with Quorum
Weaving the ILP Fabric into Bigchain DBInterledger
Dimitri De Jonghe presents on how Bigchain DB can use Interledger to connect disparate systems. Presented at the Interleder Workshop in London on 7/6/2016. Full presentation here: https://interledger.org/presentations/2016-07-06%20-%20ILP%20Workshop%20London%202016.pdf
Hyperledger Fabric Introduction
Hyperledger Fabric Transaction
Hyperledger Fabric Installation on Ubuntu
International Trade Use Case
International Trade Use Case Smart Contract (Chaincodes)
International Trade Use Case Deployment
International Trade Use Case Hands-On
Smart Contract is gaining popularity globally. The objective of this presentation is to provide an overview of smart contract, types, components, technologies and use cases.
How do private transactions work on QuorumChainstack
Quorum Meetup: How Private Transactions Work on Quorum
Quorum, like Ethereum, supports smart contracts written in solidity, with the added feature for private transactions. In this meetup, developer advocate Syahrul Nizam (https://github.com/syahrul12345) will run through how Quorum implements this privacy feature with the power of the transaction manager and enclave.
About Quorum (https://www.goquorum.com)
Based on Ethereum, Quorum is an open-source blockchain platform that combines the innovation of the public Ethereum community with enhancements to support enterprise needs.
About Chainstack (https://chainstack.com)
Chainstack is a multi-cloud and multi-protocol Platform as a Service that empowers businesses to rapidly build, deploy, and manage decentralized networks and services.
Chainstack's user-friendly interface and a rich set of APIs help businesses to implement enterprise-grade decentralized solutions and quickly progress from proof of concept to production on their use cases.
At Chainstack, we are making it simple and cost-effective for innovative businesses to leverage the potential of decentralization. With interoperability, security, analytics, and a host of other advanced features only a click away on the platform, business consortiums can accelerate the development of transformative decentralized processes and solutions.
Introduction to blockchain and crypto currenciesRohas Nagpal
The Blockchain technology has received tremendous attention over the last couple of years.Key benefits of blockchains include immutability and decentralisation.
Reserve Bank of India has said that "With its potential to fight counterfeiting, the 'blockchain' is likely to bring about a major transformation in the functioning of financial markets, collateral identification (land records for instance) and payments system".
This presentation introduces the blockchain technology.
Introduction to Ethereum Blockchain & Smart ContractThanh Nguyen
The Harvard Business Review (HBR) thinks that Blockchain Technology has to power to keep data safe for consumers and businesses alike; because Blockchain provides a secure and immutable ledger, HBR says it represents the key to taking back privacy of data.
“You can keep certified copies of identity documents, biometric test results, health data, or academic and training certificates online, available at all times, yet safe unless you give away your key. At a whole system level, the database is very secure.”
Bitmark and Hyperledger Workshop: the Digital Assets and PropertyJollen Chen
Introducing the Bitmark and Hyperledger project, how they facilitate the blockchain technology for the digital assets and property world, and learn the Chaincode 101.
Patents are a good information resource for obtaining the state of the art of the blockchain DeFi (Decentralized Finance) technology innovations insights.
Patent information also can provide many valuable insights that can be exploited for developing and implementing new technologies. Patents can also be exploited to identify new product/service development opportunities.
I. Blockchain DeFi Technology Innovation Status
Blockchain DeFi technology innovation entities
Blockchain DeFi patent application landscape with respect to the key technology innovation field:
Decentralized Asset/Fund Management
Decentralized Lending and Borrowing
Stable Coin
Decentralized Exchange (DEX)
Decentralized Derivatives
Decentralized Margin Lending and Trading
Non-fungible Token
Decentralized Oracle
Price Discovery
Decentralized Payment
Decentralized Staking Pool
II. Blockchain DeFi Technology Innovation Details
A. Decentralized Exchange (DEX)
automated market maker (AMM)
liquity pool
margin trading
automic swap
price oracle
B. Decentralized Lending and Borrowing
flash loan
Collateralized Debt Position (CDP)
yield farming
Introduction
Business blockchain requirements vary. Some uses require rapid network consensus
systems and short block confirmation times before being added to the chain. For others,
a slower processing time may be acceptable in exchange for lower levels of required
trust. Scalability, confidentiality, compliance, workflow complexity, and even security
requirements differ drastically across industries and uses. Each of these requirements, and
many others, represent a potentially unique optimization point for the technology.
For these reasons, Hyperledger incubates and promotes a range of business blockchain
technologies including distributed ledgers, smart contract engines, client libraries, graphical
interfaces, utility libraries, and sample applications. Hyperledger’s umbrella strategy
encourages the re-use of common building blocks via a modular architectural framework.
This enables rapid innovation of distributed ledger technology (DLT), common functional
modules, and the interfaces between them. The benefits of this modular approach include
extensibility, flexibility, and the ability for any component to be modified independently
without affecting the rest of the system.
Introduction to blockchain & cryptocurrenciesAurobindo Nayak
This was an intro session on blockchain and cryptocurrencies. If you want to view the webinar for this talk checkout: https://www.youtube.com/watch?v=rl5mVI7jEK0
2021 successful de fi based startups and its unique featuresAmniAugustine
Blockchain-based DeFi projects have been leading the way in recent months. With the creation of stablecoin, the decentralization of the financial market has become irreversible. Since We are providing all types of DeFi token Development in a safe and secure manner.
Blockchain is one of the most important inventions in computing as it is a truly native medium which enables peer-to-peer value exchange. It is a vast digital platform based on the distributed ledger technology (DLT) which allows two parties to transact or do business without an intermediary.
As enterprises across verticals explore the
opportunities for innovation and process
optimization using blockchain technologies, they
are looking for in technical aspects of deploying
and integrating blockchain technology, with their
existing IT systems.
Based on operating models and blockchain
platforms, there are variations in deployment and
operations aspects, along with factors like
integration & information security. This document
provides approach and factors to consider during
selection and implementation of blockchain
technologies
https://www.lntinfotech.com/Canada/
Telegram open network ton will be a third generationRick Bouter
Telegram Open Network (TON) will be a “third generation” blockchain with more efficient transaction and scaling capabilities than current solutions like Bitcoin and Ethereum.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...Kumar Satyam
According to TechSci Research report, “India Orthopedic Devices Market -Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030”, the India Orthopedic Devices Market stood at USD 1,280.54 Million in 2024 and is anticipated to grow with a CAGR of 7.84% in the forecast period, 2026-2030F. The India Orthopedic Devices Market is being driven by several factors. The most prominent ones include an increase in the elderly population, who are more prone to orthopedic conditions such as osteoporosis and arthritis. Moreover, the rise in sports injuries and road accidents are also contributing to the demand for orthopedic devices. Advances in technology and the introduction of innovative implants and prosthetics have further propelled the market growth. Additionally, government initiatives aimed at improving healthcare infrastructure and the increasing prevalence of lifestyle diseases have led to an upward trend in orthopedic surgeries, thereby fueling the market demand for these devices.
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Kyber network de fi whitepaper
1. Kyber: An On-Chain Liquidity Protocol 2
Introduction 2
Protocol Architecture 4
Design Properties 4
Overview 5
Network Actors 6
Kyber Core Smart Contracts 6
Takers 7
Reserves 7
Execution Sequences 8
Basic Token Trade 8
Token to Token Trade 9
Reserves Registration 10
Connecting Liquidity between Kyber Based Networks 12
Practical Relay Between Chains 13
Relay Network 14
Assets on Non Smart Contract Enabled Blockchains 15
Kyber Network Crystal (KNC) Usage 16
Main Areas Of KNC Usage 16
Economic Facilitation 17
Governance Token 17
Treasury Funds 17
KNC As One Single Token 17
Unified Supply Across Chains 18
Interchangeability Between Chains 18
Protocol Level Governance And Treasury 18
Moving Forward 18
Specifications 19
Protocol Functions 19
Token Trades 19
Adding and Removing Reserves and Token Pairs 21
Reserves Interface 23
getConversionRate 23
trade 24
2. Kyber: An On-Chain Liquidity Protocol
22 April 2019
v0.1
Abstract
This paper presents Kyber, a fully on-chain liquidity protocol for
implementing instant cryptocurrency token swaps in a decentralized
manner on any smart contract enabled blockchain.
Kyber design allows for any party to contribute to an aggregated pool of
liquidity within each blockchain while providing a single endpoint for takers
to execute trades using the best rates available. We envision a connected
liquidity network that facilitates seamless, decentralized cross-chain token
swaps across Kyber based networks on different chains.
This paper provides the technical specifications and key design principles
of the protocol to be followed when being implemented on smart contract
enabled blockchains. It also includes the specifications for liquidity makers
or takers to participate in any given implementation.
I. Introduction
Cryptocurrency trading on centralized exchanges has been shown to be vulnerable to
cybersecurity hacking and internal frauds over the years, with the most infamous hacks being
Mt. Gox and Coincheck. In addition, trading on centralized exchanges is not compatible with
DeFi applications since it is technically infeasible to bridge between decentralized applications
and centralized servers without compromising the trust model.
Regardless, DeFi applications all need access to good liquidity sources which is a critical
component to provide good services. Currently, decentralized liquidity is comprised of various
sources including DEXes (Uniswap, OasisDEX, Bancor), decentralized funds and other financial
apps. The more scattered the sources, the harder it becomes for anyone to either find the best
rate for their trade or to even find enough liquidity for their need.
3. Kyber is a fully on-chain liquidity protocol that can be implemented on any smart contract
enabled blockchain. Kyber’s solution allows liquidity to be aggregated from diverse sources into
a single network, which in turn provides a single endpoint for takers to seamlessly perform
multiple token trades in a single blockchain transaction. End users, DApps or any other party
only need to query this single endpoint to get the best available rate for their trade.
The protocol allows for a wide range of implementation possibilities for liquidity providers,
allowing a wide range of entities to contribute liquidity, including end users, decentralized
exchanges and other decentralized protocols. On the taker side, end users, cryptocurrency
wallets, and smart contracts are able to perform instant and trustless token trades at the best
rates available amongst the sources.
The on-chain instant exchange property is critical for enabling a wide range of decentralized use
cases, including financial protocols and cryptocurrency payments. One would expect different
implementations of Kyber protocol on other public blockchains to make on-chain instant
exchanges to be available for various use cases and applications on these blockchains.
There are a number of other blockchains with distinctively different feature sets, solving different
use cases, resulting in a plethora of diverse emerging digital ecosystems. In order to support
these emerging ecosystems, the Kyber protocol will play a key role in these blockchains by
facilitating liquidity between the different stakeholders in the respective ecosystems. In addition,
by standardizing the design of the reserve based liquidity model and actively working on
cross-chain solutions such as PeaceRelay and the Waterloo Relay Bridge, we envision a
connected liquidity network across the implementations on different chains.
Over time, we envision the protocol contributors, network maintainers and community of KNC
token holders working together to govern Kyber. As Kyber scales, an appropriately
decentralized governance framework will be critical in order to decide on important upgrades,
treasury allocation, and additional features of the protocol, and to standardize the key aspects of
the implementations. In particular, Kyber will support one main implementation per blockchain
that follows the exact protocol specification, KNC governance, and utility.
4. II. Protocol Architecture
Design Properties
At the heart of the design, the protocol smart contracts offer a single interface for the
best available token exchange rates to be taken from an aggregated liquidity pool across
diverse sources.
● Aggregated liquidity pool. The protocol aggregates various liquidity sources into one
liquidity pool, making it easy for takers to find the best rates offered with one function
call.
● Diverse sources of liquidity. The protocol allows different types of liquidity sources to
be plugged into. Liquidity providers may employ different strategies and different
implementations to contribute liquidity to the protocol.
● Permissionless. The protocol is designed to be permissionless where any developer
can set up various types of reserves, and any end user can contribute liquidity.
Implementations need to take into consideration various security vectors, such as
reserve spamming, but can be mitigated through a staking mechanism. We can expect
implementations to be permissioned initially until the maintainers are confident about
these considerations.
The core feature that the Kyber protocol facilitates is the token swap between taker and liquidity
sources. The protocol aims to provide the following properties for token trades:
● Instant Settlement. Takers do not have to wait for their orders to be fulfilled, since trade
matching and settlement occurs in a single blockchain transaction. This enables trades
to be part of a series of actions happening in a single smart contract function.
● Atomicity. When takers make a trade request, their trade either gets fully executed, or is
reverted. This “all or nothing” aspect means that takers are not exposed to the risk of
partial trade execution.
● Public rate verification. Anyone can verify the rates that are being offered by reserves
and have their trades instantly settled just by querying from the smart contracts.
● Ease of integration. Trustless and atomic token trades can be directly and easily
integrated into other smart contracts, thereby enabling multiple trades to be performed in
a smart contract function.
5. Overview
The protocol is implemented as a set of smart contracts on any blockchain that fits the
requirements. The following diagram shows an overview of the various actors involved in an
implementation of the protocol.
Figure 1: Overview Of Actors In A Protocol Implementation
We briefly define the actors as below. The details of how each actor works is specified in
Section Network Actors.
1. Takers refer to anyone who can directly call the smart contract functions to trade tokens,
such as end-users, DApps, and wallets.
2. Reserves refer to anyone who wishes to provide liquidity. They have to implement the
smart contract functions defined in the reserve interface in order to be registered and
have their token pairs listed.
3. Registered reserves refer to those that will be cycled through for matching taker
requests.
4. Maintainers refer to anyone who has permission to access the functions for the
adding/removing of reserves and token pairs, such as a DAO or the team behind the
protocol implementation.
6. 5. In all, they comprise of the network, which refers to all the actors involved in any given
implementation of the protocol.
The protocol implementation needs to have the following:
1. Functions for takers to check rates and execute the trades
2. Functions for the maintainers to register/remove reserves and token pairs
3. Reserve interface that defines the functions reserves needs to implement
Network Actors
Kyber Core Smart Contracts
Kyber Core smart contracts is an implementation of the protocol that has major protocol
functions to allow actors to join and interact with the network.
For example, the Kyber Core smart contracts provide functions for the listing and delisting of
reserves and trading pairs by having clear interfaces for the reserves to comply to be able to
register to the network and adding support for new trading pairs. In addition, the Kyber Core
smart contracts also provide a function for takers to query the best rate among all the registered
reserves, and perform the trades with the corresponding rate and reserve.
A trading pair consists of a quote token and any other token that the reserve wishes to support.
The quote token is the token that is either traded from or to for all trades. For example, the
Ethereum implementation of the Kyber protocol uses Ether as the quote token.
In order to search for the best rate, all reserves supporting the requested token pair will be
iterated through. Hence, the Kyber Core smart contracts need to have this search algorithm
implemented.
The key functions implemented in the Kyber Core Smart Contracts are listed in Figure 2 below.
We will visit and explain the implementation details and security considerations of each function
in the Specification Section.
7. Figure 2: Kyber Core Smart Contract OOP Diagram
Takers
A taker is an entity that takes the liquidity provided by the registered reserves by calling the
trade() function in the Protocol Smart Contracts to trade from one token to another token. A
taker can be any blockchain entity including end user address, decentralized exchanges or any
smart contracts.
When calling the trade() function, the taker needs to specify the source and destination tokens,
the minimum acceptable rate for the taker, and send the corresponding amount of source token
along. The taker will receive the destination token immediately if the transaction is successfully
executed, otherwise the source token will be refunded entirely.
Reserves
Reserves are liquidity sources in the network that provide liquidity in terms of tokens inventory
and prices on their smart contracts. By implementing the Reserve interface, as depicted in
Figure 3 below, the reserve can register to the Protocol Smart Contracts and offer its liquidity for
takers to take.
The details for how reserves determine the prices and manage their inventory is not dictated in
the protocol and is entirely up to the reserves, as long as the implementation complies with the
Reserve Interface. That opens up a wide range of reserve types that can be part of the network
including manually managed reserves (i.e. having market makers to actively manage the prices
and inventory), automated market making reserves as well as many other on-chain liquidity
sources.
8. Once the taker sent the request, the Protocol Smart Contracts will query the corresponding
function in the reserve smart contract (e.g. getConversionRate() to query the price, and trade()
to execute the trade). It is worth noting that in the permissionless implementation of the protocol,
one may have to consider how to prevent potential attacks that makes it costly to execute
trades, or even block trades from being successfully executed, such as a reserve spamming
attack (i.e. attacker sets up and register a lot of reserves) or malicious implementation of
reserves (e.g. reserves do not honor the quoted rates).
Figure 3: Reserve Interface OOP Diagram
III. Execution Sequences
When a trade is executed, Kyber’s main contract invokes functions to iterate through all listed
reserves to find and select the one offering the best exchange rate. The source tokens are
transferred from the takers to that reserve, and the reserve’s destination tokens are transferred
to the specified destination address.
Basic Token Trade
A basic token trade is one that has the quote token as either the source or destination token of
the trade request. The execution flow of a basic token trade is depicted in the diagram below,
where a taker would like to exchange BAT tokens for ETH as an example. The trade happens in
a single blockchain transaction.
9. Figure 4: Basic Token Trade Execution Flow
1. Taker sends 1 ETH to the protocol contract, and would like to receive BAT in return.
2. Protocol contract queries the first reserve for its ETH to BAT exchange rate.
3. Reserve 1 offers an exchange rate of 1 ETH for 800 BAT.
4. Protocol contract queries the second reserve for its ETH to BAT exchange rate.
5. Reserve 2 offers an exchange rate of 1 ETH for 820 BAT.
6. This process goes on for the other reserves. After the iteration, reserve 2 is discovered
to have offered the best ETH to BAT exchange rate.
7. Protocol contract sends 1 ETH to reserve 2.
8. The reserve sends 820 BAT to the taker.
Token to Token Trade
A token to token trade is one where the quote token is neither the source nor the destination
token of the trade request. The exchange flow of a token to token trade is depicted in the
diagram below, where a taker would like to exchange BAT tokens for DAI as an example. The
trade happens in a single blockchain transaction.
10.
Figure 5: Token to Token Trade Execution Flow
1. Taker sends 50 BAT to the protocol contract, and would like to receive DAI in return.
2. Protocol contract sends 50 BAT to the reserve offering the best BAT to ETH rate.
3. Protocol contract receives 1 ETH in return.
4. Protocol contract sends 1 ETH to the reserve offering the best ETH to DAI rate.
5. Protocol contract receives 30 DAI in return.
6. Protocol contract sends 30 DAI to the user.
While the diagram depicts 2 reserves being selected for the token trades, it is possible that the
same reserve is selected.
Reserves Registration
The diagram below shows how the protocol contract interacts with the reserve smart contract for
its addition to or removal from the network of reserves, listing its token(s) for trading, and
reading its token exchange rates. There are many possible implementations of reserves.
Anyone can create a new reserve, as long as the reserve smart contract contains the methods
specified in the “Feeding Rates and Providing Liquidity” section. The reserve needs to be added
to the network of reserves in order to be selected for taker trade requests.
11. Figure 6: Reserve Interaction With Protocol
1. Protocol contract adds the reserve into the network.
2. Protocol contract enables the token pairs of the reserve for trading.
12. IV. Connecting Liquidity between Kyber Based
Networks
Currently, Kyber Network is fully developed with a robust user base and DApp ecosystem on a
single blockchain — Ethereum. In this paper, we outline how liquidity can be connected
between various smart contract enabled blockchains by several practical approaches that Kyber
has explored thus far. By allowing liquidity to be moved freely and (somewhat) transparently
between different chains, Kyber enables a much more connected liquidity network between
various blockchain ecosystems.
A connected liquidity network for decentralized cross-chain swaps across Kyber
implementations
13. Practical Relay Between Chains
For smart contract-enabled chains, the most practical interoperability implementation is to have
a light client as a smart contract which can be implemented on both blockchains and an efficient
algorithm to verify the hash functions from both blockchains with minimal computation costs can
be used. In our Waterloo project, we presented a proof of concept to prove the feasibility of a
practical relay approach between Ethereum and EOS. We also demonstrated a similar
approach in the PeaceRelay project to connect between Ethereum and Ethereum Classic.
We expect a generalized approach of the above to be applicable on any smart contract enabled
blockchain where a light client can be implemented as a smart contract on that chain.
A relay implements a bi-directional relay of block headers between two blockchains. In such a
bridge, block headers of blockchain A are constantly being submitted to a smart contract in
blockchain B, which implements a light client logic to verify the validity of the headers.
Analogously, headers from blockchain B are submitted to a smart contract in blockchain A. In all
the blockchain protocols we are aware of, the block header contains a mathematically verifiable
witness for every transaction in the block. Typically, this is in the form of a merkle root of all the
included transactions. Hence, a smart contract that validates headers can be used also to
validate the existence of a transaction in that header.
Once a smart contract can verify transactions, it can also verify an operation, e.g., token
transfer, that was done by this action. The smart contracts on each blockchain serves as a light
14. client, and as such does not verify the validity of the block content, but rather only the block
header.
The relays will be used to transfer assets between the different blockchains to enable trading
activity across blockchains while using each one's distinct advantages. For example, the EOS
chain has an advantage of enabling higher frequency trading due to its higher
transaction-per-second rate, while the Ethereum chain is considered more secure by the crypto
community at large and currently offers more popular assets with advanced financial primitives,
such as with the DeFi projects.
As cross-chain trades occur, anyone can view the corresponding transaction hashes of a
cross-chain conversion. Every token that moves through the protocol is verifiable on all chains
where the token trades have taken place.
Relay Network
The first key in implementing decentralized token swaps across two networks in different
blockchains is creating a relay for every unidirectional cross-chain link, and having entities to
relay and validate cross-chain communications. Each individual Kyber Network deployment is
linked to a relayer and validator network on a smart contract enabled blockchain. The relays can
be designed to be open and trustless such that anyone can join and relay transactions, assets
between chains, removing potential central points of failure.
15. The above diagram shows one potential chain topology for the relay network, where Ethereum
is in the center, connecting the other chains. This relay network will be an active area of
research, of which we expect to share results in future updates.
Assets on Non Smart Contract Enabled Blockchains
For cryptocurrencies with blockchains that do not natively support smart contracts, an approach
similar to Wrapped BTC (WBTC) can be adopted. Tokenized cryptocurrencies or wrapped coins
utilize a custodian model to implement the tokenization of a cryptocurrency such as Bitcoin or
Monero on a smart contract enabled blockchain. For each wrapped coin minted into existence
on the smart contract enabled blockchain, there is an equivalent amount of the same
cryptocurrency held in custody in a 1:1 ratio. This method has the benefit of the ease of
transparency with all custodian funds being fully verifiable on-chain. The wrapped coin approach
is a pragmatic one and represents an immediate benefit to DEXes, DApps, and other smart
contracts without any restriction.
16. V. Kyber Network Crystal (KNC) Usage
Kyber Network Crystal (KNC) is an integral part of the Kyber Protocol, and will serve crucial
economic, governance and treasury functionalities across all implementations of the protocol.
Networks that do not have KNC as a key part of the usage in utility and governance will not be
considered and will not be supported by either the project or the community.
The exact usage of KNC in different chains is dependent on the specific implementation. Key
details include specific features of the different chains, and the maturity of both the ecosystem
and the protocol implementation. The network maintainers are expected to make these
decisions initially, and after the implementation reaches a certain stage of maturity, we expect
the decisions to be made by a community of KNC holders.
As such, we can expect to see a distinction between protocol maintainers, who focus on
protocol level governance like unified KNC supply, and network maintainers, who focus on the
economics and technical features of the implementation on their chain.
Roles Likely Responsibilities involving KNC
Protocol Maintainer
(For the whole protocol)
- Governing the unified KNC supply
- Protocol specs and treasury
- Cross-chain compatibility for KNC
Network Maintainers
(For each blockchain
implementation, ie. the
network)
- Governance of implementation, ensuring it
conforms to the protocol specs
- Determining tokenomic parameters
Protocol Level And Network Level Maintainers
Main Areas Of KNC Usage
Here are the 3 main areas we expect KNC to be used:
17. Economic Facilitation
KNC is to be used as part of the transaction to facilitate ongoing system operations. For
example, getting reserves to pay a fee in KNC for every trade acts as a barrier for them to
perform wash trading. This fee can be incorporated into their spread. In addition, users who
need instant liquidity can pay the fees in order to get the trade facilitated.
As the scope of Kyber expands, there are several possible mechanisms to leverage KNC as a
staking mechanism to acts as a barrier for malicious actors and safeguards the integrity of the
Kyber ecosystem. For example, as a requirement for reserves to stake KNC to be considered
part of the network, or as a requirement for relayers and validators to facilitate cross-chain
transactions between Kyber based networks on different chains.
Governance Token
KNC will be utilized for governance at the protocol level and for the networks on different chains.
For protocol level specs and initiatives, we expect there to be an overall KNC based DAO which
will help to make decisions for the overall spec and funding of proposals.
For individual implementations on the various chains, there will be a host of tokenomic
parameters, upgrade decisions, token listings, which KNC stakeholders will in turn be able to
vote and decide on.
Treasury Funds
On top of the economic and governance of KNC, we expect there to be a KNC based treasury
that network maintainers and the DAO members can leverage as a source of funds to fund
development, marketing and growth of the Kyber protocol via open grant programs and
proposals.
This will allow a network of the most important contributors, those who drive adoption and those
who build the core platform to earn part of their income with KNC. By getting KNC into the
hands of contributors, and giving them an economic interest in the success of the platform, we
move towards a sustainable decentralized community and system.
KNC As One Single Token
While KNC will get represented on different chains (via relays), it will be managed as one single
token in terms of a unified supply, interchangeability and in terms of being used for protocol
governance and treasury.
18. Unified Supply Across Chains
KNC supply will be managed as one economic concept. Any event which might require transfer
of KNC from the Ethereum chain to another chain, or changes to the unified supply will have to
be approved by the DAO / protocol maintainers, and are only likely to occur when the protocol
gets implemented on a chain.
Interchangeability Between Chains
We are striving for interchangeability between chains so that KNC tokens can be easily moved
from one chain to another. As such, we are exploring various cross-chain technologies (e.g.
PeaceRelay and Waterloo) that can enable this functionality in a way that is technically feasible.
Protocol Level Governance And Treasury
Apart from governing the unified KNC token supply and making decisions on the protocol
specifications, protocol maintainers also govern a treasury to fund research and development
efforts for adoption of the protocol on different blockchains, or for KNC token interoperability and
other causes.
Moving Forward
As the Kyber system and community grows, KNC will play an ever more crucial role in ensuring
that Kyber continues to evolve as a cohesive economic and purposeful community.
19. We look forward to including more details about KNC, particularly the protocol level governance,
managing KNC ledger and supply across-chains, and the technical workings of the DAO and
treasury in future papers.
VI. Specifications
Protocol Functions
The methods below are all implemented in smart contracts, and are used to interact with the
protocol smart contracts.
Token Trades
The contract functions below are executed by the taker to view the expected token conversion
rate, and to make a trade request.
getExpectedRate
The getExpectedRate() function is called to query for the expected and slippage token
exchange rate of the src token to the dest token.
Parameter Type Description
src address Source token address
dest address Destination token address
srcQty uint Amount of source token
Figure 7: Input Parameters Of getExpectedRate() Function
Parameter Type Description
expectedRate uint Expected token exchange rate
Figure 8: Return Parameter Of getExpectedRate() Function
A rate of zero signifies that a trade from the requested source token amount to the destination
token is not possible at the moment.
20. The rates returned are in precision values regardless of the source or destination’s token
decimals. We give an example below.
Example
Token Token Name Token Symbol Token Decimals
src Gifto GTO 5
dest Zilliqa ZIL 12
Figure 9: Token Information For Conversion Rate Example
Suppose a taker queries for the GTO to ZIL conversion rate, and the number
1219076623416000000 is returned. We assume that the precision value is 10**18.
1219076623416000000 / (10**18) = 1.219
This means 1 GTO token can be exchanged for 1.219 ZIL tokens. Hence, we see that even
though the source and token decimals are different, the returned rate is in precision values.
trade
The trade() function is called to trade from one token to another. The converted tokens will be
sent to destAddress.
The implementation of this function should consider all security checks to prevent rate
manipulation from the reserves and/ or incorrect implementation of the reserves to make sure
the trade happens as expected for taker.
Parameter Type Description
src address Source token address
srcAmount uint Amount of source token
dest address Destination token address
destAddress address Recipient address for destination
tokens
maxDestAmount uint Maximum amount of destination tokens
to convert to. Any excess source
21. tokens after conversion are returned
to the sender.
minConversionRate uint Minimum conversion rate; trade is
cancelled if rate is lower. This
parameter protects the user from rate
slippage while the transaction is
being mined or being included in the
blockchain.
Figure 10: Input Parameters Of trade() Function
Parameter Type Description
uint Actual amount of destination tokens
traded to
Figure 11: Return Parameter Of tradeWithHint() Function
Adding and Removing Reserves and Token Pairs
The functions below are executed to add or remove new reserves, and enable or disable token
trades.
addReserve
The addReserve() function is called to add a reserve as a liquidity provider.
Parameter Type Description
reserve address Reserve contract address
filterFlag boolean Dependent on protocol implementation
to decide how to use this flag
Figure 12: Input Parameters Of addReserve() Function
Parameter Type Description
22. bool Returns true if operation is
successful, false otherwise
Figure 13: Return Parameter Of addReserve() Function
removeReserve
The removeReserve() function is called to remove a reserve from the protocol.
Parameter Type Description
reserve address Reserve contract address
index uint Index of reserve in the reserve array
Figure 14: Input Parameters For removeReserve() Function
Parameter Type Description
bool Returns true if operation is
successful, false otherwise
Figure 15: Return Parameter Of removeReserve() Function
listPairForReserve
The listPairForReserve() function is called to denote which token pairs are supported for
each listed reserve.
Parameter Type Description
reserve address Reserve contract address
token address Token address
buyToken boolean True: Buying tokens enabled
False: Buying tokens disabled
23. sellToken boolean True: Selling tokens enabled
False: Selling tokens disabled
add boolean True: Enable token pair trade
False: Disable token pair trade
Figure 16: Input Parameters Of listPairForReserve() Function
Parameter Type Description
bool Returns true if operation is
successful, false otherwise
FIgure 17: Return Parameter For listPairForReserve() Function
Reserves Interface
Any reserve that wants to provide liquidity for protocol users will need to implement 2 methods
for connecting to the main protocol contract.
getConversionRate
The getConversionRate() function is implemented by the reserve for the main protocol
contract to obtain token exchange rates.
Parameter Type Description
src address Source token address
dest address Destination token address
srcQty uint Amount of source tokens
Figure 18: Input Parameters Of getConversionRate() Function
Parameter Type Description
uint Token conversion rate
Figure 19: Return Parameter Of getConversionRate() Function
24. The conversion rate returned is in precision values regardless of the source’s or destination’s
token decimals, as explained above in the getExpectedRate() function.
In addition, if the reserve is unable to fulfill the trade request (Eg. does not hold enough
destination tokens for the taker to exchange to), it is expected to return a rate of zero.
trade
The trade() function is called by the main protocol contract when the reserve is selected to fill
the user trade order. Notice that this function differs from that of the taking of orders.
As it is an interface, the network contract expects reserves to implement this trade() function in
order to actually use the `srcAmount` of `srcToken` the network sent to, calculate the amount of
`destToken` regarding `conversionRate` and send them to `destAddress`, `validate` param is up
to the reserve to use.
Parameter Type Description
srcToken address Source token address
srcAmount uint Amount of source token
destToken address Destination token address
destAddress address Recipient address for destination
tokens
conversionRate uint Actual token conversion rate
validate boolean True: Additional validations are
performed
False: Additional validations are not
performed
Figure 20: Input Parameters Of trade() Function
Parameter Type Description
bool Returns true if operation is
successful, false otherwise
Figure 21: Return Parameter Of trade() Function
25. The reserve is part of the network of reserves once it has been added and its token pairs listed
for trading.