Some useful implementation examples
Table of Contents
- Core Implementation
- Asset Journey Examples
- Phase Transition Scenarios
- Threshold Calculations
- Governance Flows
- Implementation Considerations
1. Core Implementation
Base Structure
data RealWorldAsset = RealWorldAsset {
assetId :: AssetId,
assetType :: AssetType,
assetValue :: Integer,
assetMetadata :: AssetMetadata,
custodialInfo :: CustodianInfo,
verificationData :: VerificationInfo,
requirementSet :: [Requirement]
}
-- Extensible asset types to accommodate any real-world asset
data AssetType =
ArtPiece ArtDetails
| RealEstate PropertyDetails
| PreciousMetals MetalDetails
| Commodity CommodityDetails
| CustomAsset CustomDetails
-- Requirement system that handles any type of requirement
data Requirement = Requirement {
requirementType :: RequirementType,
description :: Text,
validationMethod :: ValidationMethod,
verificationFrequency :: Frequency,
requirementStatus :: RequirementStatus,
lastVerified :: Maybe POSIXTime
}
data RequirementType =
Legal
| Physical
| Operational
| Environmental
| Financial
| Custom Text
Agora Governance Integration
data AgoraPhase =
LockPhase LockPhaseInfo
| VotingPhase VotingPhaseInfo
| ExecutionPhase ExecutionPhaseInfo
data GovernanceConfig = GovernanceConfig {
thresholds :: AgoraThresholds,
phaseDurations :: PhaseDurations,
votingPowerStrategy :: VotingStrategy,
effectValidators :: Map EffectType EffectValidator
}
data AgoraThresholds = AgoraThresholds {
creation :: Percentage, -- e.g., 5%
start :: Percentage, -- e.g., 10%
vote :: Percentage, -- e.g., 15%
execution :: Percentage, -- e.g., 51%
cosigning :: Percentage -- e.g., 25%
}
data PhaseDurations = PhaseDurations {
lockPhaseDuration :: POSIXTime,
votingPhaseDuration :: POSIXTime,
executionPhaseDuration :: POSIXTime
}
2. Asset Journey Examples
Example 1: Fine Art Tokenization
-- Picasso painting tokenization example
artExample :: RealWorldAsset
artExample = RealWorldAsset {
assetId = "art_001",
assetType = ArtPiece {
artist = "Pablo Picasso",
title = "Example Painting",
year = 1937,
medium = "Oil on canvas",
dimensions = Dimensions 349.3 776.6,
authenticity = [Certificate1, Certificate2]
},
assetValue = 10_000_000_000_000, -- 10M ADA
requirementSet = [
Requirement {
requirementType = Physical,
description = "Temperature control 20-22°C",
validationMethod = TemperatureSensorValidation,
verificationFrequency = Hourly,
requirementStatus = Active
},
Requirement {
requirementType = Legal,
description = "Insurance coverage",
validationMethod = InsuranceDocValidation,
verificationFrequency = Monthly,
requirementStatus = Active
}
]
}
-- Art-specific proposal example
proposeMoveToNewGallery :: ProposalParams
proposeMoveToNewGallery = ProposalParams {
description = "Move artwork to Modern Gallery",
effect = PhysicalLocationChange {
newLocation = "Modern Gallery, NY",
transportMethod = "Specialized Art Transport",
insuranceCoverage = "Extended Transit Insurance"
},
requiredCosigners = [
galleryCurator,
insuranceProvider,
securityProvider
]
}
Example 2: Commodity Batch Management
-- Coffee batch tokenization example
commodityExample :: RealWorldAsset
commodityExample = RealWorldAsset {
assetId = "coffee_batch_001",
assetType = Commodity {
type = "Arabica Coffee",
grade = "Premium",
origin = "Colombia",
harvest = "2024",
quantity = MetricTons 100
},
assetValue = 1_000_000_000_000, -- 1M ADA
requirementSet = [
Requirement {
requirementType = Environmental,
description = "Storage humidity 60-65%",
validationMethod = HumiditySensorValidation,
verificationFrequency = Daily,
requirementStatus = Active
}
]
}
-- Storage condition change proposal
proposeStorageChange :: ProposalParams
proposeStorageChange = ProposalParams {
description = "Update storage conditions",
effect = StorageConditionChange {
newHumidity = Percentage 62,
newTemperature = Celsius 20,
implementation = "Automated climate control"
},
requiredCosigners = [
warehouseManager,
qualityInspector
]
}
3. Phase Transition Scenarios
Lock Phase Implementation
data LockPhaseInfo = LockPhaseInfo {
startTime :: POSIXTime,
endTime :: POSIXTime,
requiredStake :: Integer,
currentStake :: Integer,
lockedTokens :: Map PubKeyHash Integer
}
startLockPhase :: ProposalId -> Contract w s Text ()
startLockPhase proposalId = do
proposal <- getProposal proposalId
currentTime <- getCurrentTime
let lockInfo = LockPhaseInfo {
startTime = currentTime,
endTime = currentTime + proposal.lockDuration,
requiredStake = calculateRequiredStake proposal,
currentStake = 0,
lockedTokens = Map.empty
}
validateLockPhaseStart proposal
updateProposalPhase proposalId (LockPhase lockInfo)
emitLockPhaseStarted proposalId
validateLockPhaseStart :: Proposal -> Bool
validateLockPhaseStart proposal =
hasMinimumCreationStake &&
notInActivePhase &&
allRequirementsValid
Voting Phase Implementation
data VotingPhaseInfo = VotingPhaseInfo {
votes :: Map PubKeyHash Vote,
totalVotingPower :: Integer,
usedVotingPower :: Integer,
voteDistribution :: VoteDistribution
}
data Vote = Vote {
direction :: VoteDirection,
power :: Integer,
timestamp :: POSIXTime,
metadata :: VoteMetadata
}
startVotingPhase :: ProposalId -> Contract w s Text ()
startVotingPhase proposalId = do
proposal <- getProposal proposalId
-- Verify lock phase completion
unless (isLockPhaseComplete proposal) $
throwError "Lock phase incomplete"
-- Verify start threshold
unless (meetsStartThreshold proposal) $
throwError "Insufficient stake for voting start"
let votingInfo = VotingPhaseInfo {
votes = Map.empty,
totalVotingPower = calculateTotalPower proposal,
usedVotingPower = 0,
voteDistribution = initializeVoteDistribution
}
updateProposalPhase proposalId (VotingPhase votingInfo)
emitVotingPhaseStarted proposalId
4. Threshold Calculations
Practical Examples
-- Example: Art piece worth 10M ADA
calculateThresholds :: AssetValue -> AgoraThresholds
calculateThresholds assetValue = AgoraThresholds {
creation = Percentage 5, -- 500k ADA to create proposal
start = Percentage 10, -- 1M ADA to start voting
vote = Percentage 15, -- 1.5M ADA for valid vote
execution = Percentage 51, -- 5.1M ADA to execute
cosigning = Percentage 25 -- 2.5M ADA for cosigning
}
-- Example: Calculating voting power
calculateVotingPower :: TokenAmount -> VotingStrategy -> Integer
calculateVotingPower amount strategy = case strategy of
Linear ->
amount
Quadratic ->
floor $ sqrt $ fromIntegral amount
WeightedByTime holdingTime ->
amount * (1 + (holdingTime `div` 30)) -- Bonus for longer holds
5. Governance Flows
Complete Proposal Lifecycle
data ProposalLifecycle = ProposalLifecycle {
proposal :: Proposal,
currentPhase :: AgoraPhase,
history :: [PhaseTransition],
votes :: Map PubKeyHash Vote,
effects :: [Effect],
status :: ProposalStatus
}
executeProposalLifecycle :: ProposalId -> Contract w s Text ()
executeProposalLifecycle proposalId = do
-- Initialize proposal
proposal <- createProposal proposalId
-- Lock phase
startLockPhase proposalId
awaitLockPhaseCompletion proposalId
-- Voting phase
startVotingPhase proposalId
collectVotes proposalId
-- Execution phase
validateVotingResults proposalId
collectCosignatures proposalId
executeEffects proposalId
6. Implementation Considerations
Security Measures
data SecurityMeasures = SecurityMeasures {
accessControl :: AccessControl,
thresholdValidation :: ThresholdValidation,
timelock :: TimelockConfig,
emergencyProcedures :: EmergencyProcedures
}
validateSecurityMeasures :: SecurityMeasures -> ScriptContext -> Bool
validateSecurityMeasures measures ctx =
validateAccess measures.accessControl ctx &&
validateThresholds measures.thresholdValidation ctx &&
validateTimelock measures.timelock ctx
Error Handling
data GovernanceError =
InsufficientStake Text
| InvalidPhaseTransition Text
| ThresholdNotMet Text
| ValidationFailed Text
| TimelockNotExpired Text
handleGovernanceError :: GovernanceError -> Contract w s Text a
handleGovernanceError = \case
InsufficientStake msg ->
logError $ "Stake requirement not met: " <> msg
InvalidPhaseTransition msg ->
logError $ "Invalid phase transition: " <> msg
ThresholdNotMet msg ->
logError $ "Threshold not met: " <> msg
ValidationFailed msg ->
logError $ "Validation failed: " <> msg
TimelockNotExpired msg ->
logError $ "Timelock not expired: " <> msg
This implementation guide demonstrates how the Agora governance protocol can be used effectively with various real-world assets, providing both technical implementation details and practical examples that engineers can follow.
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