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!feat : Implement otc contract #3

Merged
merged 23 commits into from
Nov 11, 2024
Merged

!feat : Implement otc contract #3

merged 23 commits into from
Nov 11, 2024

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anilcse
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@anilcse anilcse commented Nov 8, 2024

Decentralized OTC Platform Implementation

This PR implements a CosmWasm smart contract for decentralized OTC trading. The platform enables sellers to create custom OTC deals with flexible discount rates and allows buyers to participate through a bidding mechanism with price protection features.

Overview

  • Implements core OTC trading functionality
  • Adds flexible discount mechanism
  • Ensures atomic settlement of trades
  • Includes comprehensive test coverage
  • Implements platform fee mechanism

Features Checklist

  • Deal Creation

    • Custom token support
    • Configurable discount rates
    • Minimum price protection
    • Minimum cap requirements
    • Customizable bidding timeframes
    • Platform fee collection
  • Bid Management

    • Place new bids
    • Update existing bids
    • Withdraw bids
    • Maximum price protection
    • Discount rate specification
    • Bid validation checks
  • Deal Settlement

    • Automatic bid sorting by discount
    • Priority for lowest discount bids
    • Partial fill handling
    • Atomic settlement
    • Automatic refunds
    • Min-cap validation
  • Platform Security

    • Input validation
    • Overflow protection
    • Time-based constraints
    • Access control
    • Error handling
  • Developer Experience

    • Comprehensive documentation
    • Clear error messages
    • Helper functions
    • Unit tests
    • Code organization

Testing Coverage

  • Unit tests for core functionality
  • Integration tests for complex scenarios
  • Error case handling tests

Next Steps

  • Add more complex test scenarios
  • Implement optional deal cancellation
  • Add deal modification capabilities
  • Enhance monitoring and analytics
  • Add multi-token support for payments

Breaking Changes

None. This is a new contract implementation.

Dependencies

  • CosmWasm ^1.1.0
  • cw-storage-plus ^0.15.1
  • cw20 ^0.15.1

Please review the implementation with special attention to:

  1. Deal settlement logic
  2. Fee calculation mechanism
  3. Error handling approach
  4. Test coverage completeness

@anilcse anilcse merged commit 50d8d94 into main Nov 11, 2024
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@anilcse anilcse deleted the anil/dev branch November 11, 2024 06:14
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