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For smart contracts that manage multiple NEP-141 tokens in a treasury and issue a backed token. Inspired by the Skyward Finance hack. Should work well in conjunction with the existing NEP-141 infrastructure in this package (optional).
Provides mint and redeem actions. Each action could be exposed / limited / permissioned by the contract author as desired.
Mint action is backed by something (token, NEAR native, etc.). This would be specified by the contract author, probably via some sort of hook.
Redeem action would return the backing asset(s) to the redeemer.
Mechanism for controlled / limited release (e.g. time release, cliff / vest schedule, etc.)
Request for comments
Design suggestions
Should the component that would solve the Skyward issue be a "backed token" (i.e. NEP-141 extension of sorts) or a "treasury manager" (contract-agnostic multi-token (NEP-141 only?) manager)
Is this component in-scope for this project? It is definitely a little bit more "niche" in use-case, but I think if the component is sufficiently generalized, it could be useful for implementing:
Arbitrary token lockups (cliff/vest schedule)
Backed tokens (single- and multi-asset)
DAO treasuries
The text was updated successfully, but these errors were encountered:
For smart contracts that manage multiple NEP-141 tokens in a treasury and issue a backed token. Inspired by the Skyward Finance hack. Should work well in conjunction with the existing NEP-141 infrastructure in this package (optional).
Request for comments
The text was updated successfully, but these errors were encountered: