FMR LLC (20250117849). Decentralized Exchange with Price Oracle Apparatuses, Processes and Systems
Decentralized Exchange with Price Oracle Apparatuses, Processes and Systems
Organization Name
Inventor(s)
Man Hei Raymond Yim of Cambridge MA US
Decentralized Exchange with Price Oracle Apparatuses, Processes and Systems
This abstract first appeared for US patent application 20250117849 titled 'Decentralized Exchange with Price Oracle Apparatuses, Processes and Systems
Original Abstract Submitted
the decentralized exchange with price oracle apparatuses, processes and systems (“depo”) transforms decentralized exchange liquidity provision request, decentralized exchange crypto asset swap request, decentralized exchange liquidity redemption request datastructure/inputs via depo components into decentralized exchange liquidity provision response, decentralized exchange crypto asset swap response, decentralized exchange liquidity redemption response outputs. a decentralized exchange liquidity provision transaction is obtained via a bidirectional decentralized exchange smart contract deployed on a blockchain. a crypto assets exchange quotient for exchanging a first crypto asset type and a second crypto asset type is determined. a quantity of fungible tokens specific to a crypto assets liquidity tranche datastructure to generate is calculated. the calculated quantity of fungible tokens specific to the crypto assets liquidity tranche datastructure is transferred to a provision blockchain address controlled by a sender of the decentralized exchange liquidity provision transaction.
