Reference Implementation

⚠️The reference implementations have not been audited. Do not use this code for real products. The author declines all responsibility.

⚠️The reference implementation does not guarantee compliance with ACTUS reference implementation.

The reference implementation provides the following features:

• RBAC:

  • Arranger: creates, configures and updates the D-ASA
  • Account Manager: opens and closes accounts (proxy a KYC process)
  • Primary Dealer: performs the primary distribution on the primary market
  • Trustee: can call a default
  • Authority: can suspend accounts or the whole asset
  • Interest Oracle: can update the interest rate in case of variable rates

• Types:

  • Zero Coupon Bond
  • Fixed Coupon Bond
  • Perpetual Bond

• Denomination:

  • On-chain (ASA)
  • Off-chain

• Payment Agent (Settlement):

  • On-chain (ASA)

• Day-count conventions:

  • Actual/Actual (time periods must be in days, i.e., multiples of 86400 seconds)
  • Continuous

• Transfer Agent:

  • On-chain
  • Direct (i.e., from investor to investor)

• Secondary market

• Notarize metadata (e.g., prospectus, etc.)

• Updatable program (restricted to the Arranger)

Deployments

D-ASA examples deployed on TestNet:

1. Download the App Spec JSON file;
2. Navigate to the Lora App Lab;
3. Create the App Interface using the existing App ID and App Spec JSON;
4. Explore the D-ASA interface.