20240046360. AUTOMATIC VALUE DISTRIBUTION IN DECENTRALIZED PROTOCOLS simplified abstract (Tradegen LLC)

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AUTOMATIC VALUE DISTRIBUTION IN DECENTRALIZED PROTOCOLS

Organization Name

Tradegen LLC

Inventor(s)

Xavier Enrique Negron of Austin TX (US)

AUTOMATIC VALUE DISTRIBUTION IN DECENTRALIZED PROTOCOLS - A simplified explanation of the abstract

This abstract first appeared for US patent application 20240046360 titled 'AUTOMATIC VALUE DISTRIBUTION IN DECENTRALIZED PROTOCOLS

Simplified Explanation

The abstract describes methods and systems for performing value distribution in a decentralized finance protocol. Here are the key points:

  • Self-executing contracts are deployed to a blockchain network.
  • Asset pool is associated with multiple asset providers.
  • Asset providers stake pool tokens against the asset pool.
  • Performance of the asset pool is tracked using a predetermined performance metric in a sliding time window.
  • The weight of the asset pool is automatically updated based on its performance using a predetermined weight metric.
  • Value distribution to the asset pool is performed based on the weight of the asset pool.

Potential Applications:

  • Decentralized finance protocols
  • Asset management platforms
  • Investment platforms

Problems Solved:

  • Efficient and automated value distribution in a decentralized finance protocol
  • Tracking and updating the performance of an asset pool
  • Fair distribution of value based on the weight of the asset pool

Benefits:

  • Increased transparency and trust in value distribution
  • Automated and efficient management of asset pools
  • Fair and equitable distribution of value among asset providers


Original Abstract Submitted

example methods and systems are directed to performing value distribution in a self-sustaining manner in the context of a decentralized finance protocol. one or more self-executing contracts are deployed to a blockchain network to cause association of an asset pool with a plurality of asset providers. one or more of the asset providers stake pool tokens against the asset pool. the one or more self-executing contracts cause tracking of performance of the asset pool in a sliding time window by applying a predetermined performance metric. a weight of the asset pool is automatically updated by applying a predetermined weight metric that is based on the performance of the asset pool. the one or more self-executing contracts perform value distribution to the asset pool based on the weight of the asset pool.

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