In this repo, we will feature a new iSTAX token, a new iSTAX staking mechanism whereby users will be able to deposit any LPTokens from our future swaps, as well as iSTAX and STAX staking to earn new iSTAX rewards.
For a full write up on our insurance plans, iSTAX tokenomics, please visit (to be published to Medium later): https://docs.google.com/document/d/1tS28BwJYZkF4blpnlQGCSqNeQXEz7OmNAoJbQTm9t0c/edit
Front End available here: (work in progress) https://github.com/stablexswapdev/insFrontend
In this repo, we build a staking-native insurance product with a multi-sig enforcable resolution of the prediction market-style insurance product.
We essentially modified our old fixed-duration staking contracts to create contracts for binary outcome prediction markets. Users are able to earn iSTAX tokens through a liquidity mining mechanism for depositing liquidity into the core stablexswap, and then my proceed to allocate these iSTAX tokens to any of the eligible insurance market outcomes. For example, a user worried about smart contract risk can stake into the SWAPSC market, which pays out 1 STAX for every iSTAX staked in to it if the contract indeed gets exploited. On the backend, the smart contract has a fundStax function that allows a multisig such as the community treasury to send in STAX to provide liquidity in case of hack.
We can also do other binary markets such as StableXSwap reaching at least 4/6 of its items on its roadmap for the end of 2020! The possibilities are endless.
v0: earlier versions of these contracts were deployed on testnet: StaxToken 0x869446a92293DE6cEbb1b71CfcA6bd48f6bef6fC
iStaxToken 0x29f5b2959c1b0FE96985799Bd2E6c36187A16Ff1
IStaxIssuer 0xF6086E6f4272032B463fcA37c9C74568e58cA85C
ISTAXMarketToken Contracts 0x128CD4C86b64b62a360c5bb0d52AA3F932b17337, 0x9944bbB265661304c25B1b5aDd13d86adB470C11, 0x4492544060C5Ec18E0E6a744B666bcE3D8FF260E, 0x4492544060C5Ec18E0E6a744B666bcE3D8FF260E, 0xb0E38B2569220F5E33eBFF6E6D1Bff28914AaAc6, 0x91242B317F5791574AE617513A2c580c09Bb9C39
ISTAXMarket Contracts 0x2e19c7f6131Bf3d6fb15efF18c1CDC2f2Ee437dc, 0x5a7b1Feb1A9EB1623C8e5b6E264BDf6566c0eDDA, 0x258f24C7A4a4feE9914b3B491B35A906dEB6CC60, 0x81a23af0DbA6A5D949Ed39D48a2351D2012f3704, 0x97EA061ac2Ee2f1E7B76282Fd5257E5cF900C82A, 0x8A3Bf6e901B7Ed8f5d674378aeE4be5aaa2DEDa5, 0x7E0B639B81375788c681a2054BD8d9C9ce804f20