SKYT Trading Pool Mechanism
Overview
The SKYT Trading Pool is a mechanism that enables community participation in financing specific commodity trading contracts. When a Purchase Order or trade opportunity requires financing, token holders can participate by staking their tokens in these specific pools, with each pool tied to a particular trading contract.
Core Components
1. Trading Contract Identification
- Vetted trading opportunities (e.g., soybean exports to China)
- Government tender participation
- Risk assessment and profitability analysis
- Feasibility verification
2. Pool Creation
{
"poolId": "TP_2024_001",
"tradeDetails": {
"commodity": "Soybeans",
"quantity": "25,000 MT",
"origin": "Paraguay",
"destination": "China",
"contractValue": "USD 15,000,000"
},
"poolParameters": {
"minimumCap": "USD 5,000,000",
"maximumCap": "USD 15,000,000",
"duration": "45 days",
"expectedMargin": "8%",
"minimumStake": "10,000 SKYT",
"maximumStake": "500,000 SKYT"
}
}
Workflow Integration
1. Purchase Order Flow Integration
graph TD
A[Purchase Order Creation] --> B{Financing Required?}
B -->|Yes| C{Self Finance?}
C -->|No| D[Create Trading Pool]
D --> E[Community Participation]
E --> F{Minimum Cap Reached?}
F -->|Yes| G[Execute Trade]
F -->|No| H[Skyocean Funds]
2. Smart Contract Creation
- Contract deployment upon pool creation
- Token locking mechanism
- Automated profit distribution
- Risk management controls
Pool Participation
1. Entry Requirements
- Minimum stake amount
- Staking duration commitment
- KYC/AML verification
- Risk acknowledgment
2. Stake Locking
struct Stake {
address staker;
uint256 amount;
uint256 entryTime;
bool locked;
uint8 tier;
}
Risk Management
1. Trade Contract Verification
- Document authenticity
- Counterparty assessment
- Market condition analysis
- Logistics feasibility
2. Risk Mitigation
- Collateral requirements
- Insurance coverage
- Smart contract failsafes
- Emergency procedures
Profit Distribution
1. Calculation Method
def calculate_profit_share(stake_amount, total_pool, profit):
participation_percentage = stake_amount / total_pool
return profit * participation_percentage
2. Distribution Triggers
- Trade completion
- Payment confirmation
- Document verification
- Stake release
Governance
1. Contract Selection
- Community voting on contracts
- Risk assessment verification
- Profit potential evaluation
- Market analysis review
2. Pool Parameters
- Minimum/maximum caps
- Duration settings
- Profit-sharing ratios
- Risk tolerance levels
Technical Implementation
1. Smart Contract Structure
contract TradingPool {
struct Pool {
bytes32 poolId;
uint256 targetAmount;
uint256 minStake;
uint256 maxStake;
uint256 duration;
uint256 expectedReturn;
bool active;
mapping(address => Stake) stakes;
}
mapping(bytes32 => Pool) public pools;
event PoolCreated(bytes32 indexed poolId);
event StakeAdded(bytes32 indexed poolId, address indexed staker);
event ProfitDistributed(bytes32 indexed poolId);
}
2. Integration Points
TRADING_POOL_ENDPOINTS = {
"create_pool": "/api/pools/create",
"add_stake": "/api/pools/stake",
"distribute_profit": "/api/pools/distribute",
"check_status": "/api/pools/status"
}
Monitoring and Reporting
1. Pool Status Tracking
- Current participation level
- Time to completion
- Risk metrics
- Performance indicators
2. Performance Analytics
- Historical returns
- Success rate
- Risk analysis
- Market impact
Emergency Procedures
1. Contract Failure
- Stake release process
- Loss mitigation
- Communication protocol
- Recovery steps
2. Market Events
- Trading halt procedures
- Stake protection measures
- Alternative execution plans
- Communication strategy
Future Enhancements
1. Planned Features
- Advanced risk assessment
- Automated matching
- Cross-chain support
- Enhanced analytics
2. Scalability
- Multi-pool management
- Global trade support
- Enhanced automation
- Market expansion