v1.0 - Technical Architecture
| Parameter | Value | Description |
|---|---|---|
| Validators | 21 | Expandable to 100 |
| Block Time | 100ms | 10ms microblocks + 100ms macroblocks |
| TPS | 50,000+ | For standard stablecoin transfers |
| Fee | $0.001 | Fixed fee model |
| AMM Slippage | ~0.02% | For $1M stablecoin swap |
function createStablecoin(
string memory name,
string memory symbol,
address collateralManager,
address treasury,
uint256 initialSupply
) external returns (address) {
// Deploy stablecoin contract
address stablecoin = address(
new ULayerStablecoin(
name, symbol, msg.sender,
collateralManager, treasury
)
);
// Register metadata
stablecoins[stablecoin] = StablecoinInfo({
name: name,
symbol: symbol,
issuer: msg.sender,
collateralType: collateralManager,
creationTime: block.timestamp
});
// Mint initial supply if specified
if (initialSupply > 0) {
ULayerStablecoin(stablecoin).mint(
treasury, initialSupply
);
}
return stablecoin;
}
function initiateBridge(
address stablecoin,
uint256 amount,
uint256 targetChain,
address targetAddress
) external returns (bytes32) {
// Generate unique bridge ID
bytes32 bridgeId = keccak256(abi.encode(
msg.sender, stablecoin, amount,
block.chainid, targetChain,
block.timestamp
));
// Create bridge record
bridgeRecords[bridgeId] = BridgeRecord({
user: msg.sender,
stablecoin: stablecoin,
amount: amount,
sourceChain: block.chainid,
targetChain: targetChain,
targetAddress: targetAddress,
timestamp: block.timestamp,
status: BridgeStatus.Initialized,
fee: calculateFee(amount, targetChain)
});
// Lock or burn tokens
if (isNative(stablecoin, block.chainid)) {
IERC20(stablecoin).transferFrom(
msg.sender, address(this), amount
);
} else {
ULayerStablecoin(stablecoin).bridgeBurn(
msg.sender, amount
);
}
// Send cross-chain message
sendMessage(bridgeId, targetChain);
return bridgeId;
}
Core invariant formula:
Where:
| A Value | Curve Type | Slippage |
|---|---|---|
| 1-10 | Close to constant product | High |
| 50-100 | Medium curvature | Medium |
| 200-500 | Close to constant sum | Low |
| 1000+ | Almost linear | Very low |
| Trade Size | Uniswap v2 | ULayer (A=200) |
|---|---|---|
| 0.1% of pool | ~0.2% | ~0.0002% |
| 1% of pool | ~2% | ~0.002% |
| 5% of pool | ~10% | ~0.05% |
| 10% of pool | ~20% | ~0.2% |
function exchange(
uint256 i, // input token index
uint256 j, // output token index
uint256 dx, // input amount
uint256 minDy // min output amount
) external nonReentrant returns (uint256) {
require(i != j, "Same token");
// Transfer input token
IERC20(coins[i]).transferFrom(
msg.sender, address(this), dx
);
// Calculate output amount
uint256 dy = _calculateSwap(i, j, dx);
// Calculate fees
uint256 dyFee = (dy * fee) / FEE_DENOMINATOR;
uint256 dyAdminFee = (dyFee * adminFee) /
FEE_DENOMINATOR;
// Update pool state
balances[i] += dx;
balances[j] -= (dy - dyFee);
// Verify output meets minimum
require(dy - dyFee >= minDy, "Slippage limit");
// Transfer output token
IERC20(coins[j]).transfer(
msg.sender, dy - dyFee
);
return dy - dyFee;
}
// Relayer request structure
struct RelayRequest {
address user; // User address
bytes signature; // User signature
uint256 nonce; // Anti-replay nonce
uint256 deadline; // Expiration time
address stablecoin; // Token contract
uint256 amount; // Transfer amount
uint256 targetChain; // Target chain ID
address targetAddress; // Recipient address
uint256 relayerFee; // Relayer fee
}
// Submit relay request
function submitRelayRequest(
RelayRequest calldata request,
bytes calldata signature
) external onlyRelayer {
// Validate request
validateRelayRequest(request, signature);
// Execute cross-chain operation
bytes32 bridgeId = executeBridgeOperation(
request.user,
request.stablecoin,
request.amount,
request.targetChain,
request.targetAddress
);
// Update relayer stats and user nonce
updateRelayerStats(msg.sender, request.relayerFee);
userNonces[request.user] = request.nonce + 1;
emit RelayRequestProcessed(
bridgeId, request.user, msg.sender,
request.relayerFee
);
}
type MultiChainRiskManager struct {
// Liquidity Risk
LiquidityRisk struct {
MinReserveRatio float64 // Min reserve rate 20%
MaxUtilization float64 // Max utilization 90%
EmergencyReserve *big.Int // Emergency reserve
LiquidityBuffer *big.Int // Liquidity buffer
}
// Technical Risk
TechnicalRisk struct {
ChainHealthMonitor *ChainHealthMonitor
BridgeSecurityCheck *BridgeSecurityChecker
SmartContractAudit *ContractAuditSystem
KeyManagementSystem *KMSSystem
}
// Market Risk
MarketRisk struct {
PriceOracle *PriceOracleSystem
SlippageProtection *SlippageProtector
MEVProtection *MEVProtection
VolatilityHedging *VolatilityHedger
}
// Operational Risk
OperationalRisk struct {
MultisigGovernance *MultisigGovernance
EmergencyPause *EmergencyPauseSystem
InsuranceFund *InsuranceFund
DisasterRecovery *DisasterRecoveryPlan
}
}
// Initialize SDK
const uLayer = new ULayerSDK({
apiKey: 'YOUR_API_KEY',
network: 'mainnet'
});
// Create stablecoin
async function createStablecoin() {
const result = await uLayer.stablecoin.create({
name: 'My USD Stablecoin',
symbol: 'MYUSD',
collateralType: 'overcollateralized',
collateralAsset: 'USDC',
initialSupply: '1000000000000000000000000'
});
console.log(`Stablecoin created: ${result.address}`);
}
// Cross-chain transfer
async function bridgeStablecoin() {
const result = await uLayer.bridge.transfer({
sourceChain: 'ethereum',
targetChain: 'bsc',
token: '0x1234...5678',
amount: '1000000000000000000',
recipient: '0xabcd...ef01',
gasless: true
});
console.log(`Bridge initiated: ${result.bridgeId}`);
console.log(`Estimated completion: ${
result.estimatedCompletionTime
}`);
}
| Phase | Timeline | Milestones | Deliverables |
|---|---|---|---|
| Phase 1 Core Development |
0-6 months |
- Core consensus module - Basic stablecoin functions - Testnet launch |
- Core Layer MVP - Developer documentation - Security audit |
| Phase 2 Feature Expansion |
6-12 months |
- StableSwap AMM - Cross-chain bridge - Gas-free transactions |
- Beta mainnet - Multi-chain adapters - APIs and SDKs |
| Phase 3 Production Ready |
12-18 months |
- Multi-chain liquidity pools - Complete monitoring system - Production deployment |
- Official mainnet - Issuer platform - Compliance documentation |
| Phase 4 Expansion |
18+ months |
- Performance optimization - Advanced features - Ecosystem expansion |
- DeFi integrations - Enterprise APIs - Developer community |