Stellar Community Fund – Soroban Smart Option Contract

Products & Services

We are developing three components of our Soroban Option contract.

A smart contract that receives deposits for option trades. This is analogous to an option purchaser depositing the premium and the seller depositing the maximum loss.*
An oracle smart contract that is fed with pricing information. Other contracts can query this contract as a source of truth.
A service application that gathers pricing information from trustful sources and publishes them to the oracle smart contract.

These contracts will be released as open-source projects on the GitHub platform. We plan on deploying them on FUTURENET during development. We hope these provide building blocks and examples for more, more sophisticated contracts.

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Previous Project(s)

SCF #11

Award recipient

BTF Platform

We offer businesses a simple to use, enterprise grade platform to streamline operations with Stellar technology.

Learn more

Progress so far

We're adding support for Soroban Smart Contracts to our BTF Platform. Our platform now includes Digital Identity Management and Secure Voting. We upgraded our KYC/AML process and are in the process of adding support for MoneyGram integration.

Goals

To get there, we request a budget of

10,000

to:

Additional information

**Disclaimer:**

This software is provided "as is" without any warranty or condition of any kind, either expressed or implied. In no event shall the authors, contributors, or our organization be held liable for any damages caused by the use of this software.
The information contained in this document is not intended as a substitute for professional financial advice. You should seek the advice of a qualified financial adviser before making any decisions based on the information provided in this document.
We take care to ensure the accuracy of this document, however, no liability is accepted for any loss or damage that occurs as a result of relying on any information contained herein.
This document is not a substitute for professional financial advice. Before investing in any option, you should consult with a qualified financial adviser to determine the suitability of such investment for your particular circumstances. There are risks associated with any option investment, and it is possible to lose all of your initial investment. It is important to understand that the past performance of any option or related strategy is not indicative of future results.

Pitch deck

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Deliverables

First Deliverable

Design the three main components

Reviewer instructions

The source code is located in the github repo here: https://github.com/blocktimefinancial/option

The README.md in the github repo will include links to loom and youtube videos indicating our progress and journey through the Soroban ecosystem.

The README.md will also contain transaction hashes, contractIds, and other usful information so that others can build on what we've done.

Links:

https://github.com/blocktimefinancial/option

Block Time Financial, Inc.

We are a blockchain infrastructure software company. We provide businesses with the building blocks to implement blockchain technology in their workflows giving them efficiencies, regulatory compliance, and improving bottom-line profits.

Team

Lou Morgan (lmorgan#3383)

CTO, Block Time Financial

Lou spent 29+ years as a member of the Chicago Mercantile Exchange, the CEO of a Broker/Dealer, and as a partner of a proprietary market making firm. He has a BS in Computer Science from UW-Madison.

Mitchell Bringe (bringe5#9234)

Software Engineer, Block Time Financial

Mitchell is employee #1 for BTF, and has been the lead on UI. Mitchell has a xx from Caroll College.

Entire BTF C Suite

Bruce Rosenheimer, Ted Rolfs, Rick Reuter, David Irwin, and our Advisory Board.

The USD valuation of the budget request in XLM will be calculated using the CF Stellar Lumens-Dollar Settlement Price on December 5, 2022 as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker “XLMUSD_RR”) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR). Learn more in the SCF Handbook.

*The USD valuation of the award in XLM is calculated using the CF Stellar Lumens-Dollar Settlement Price on July 5th as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker “XLMUSD_RR”) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR)

**The USD valuation of the award in XLM is calculated using the CF Stellar Lumens-Dollar Settlement Price on December 16, 2021 as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker “XLMUSD_RR”) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR)

*The USD valuation of the award in XLM is calculated using the CF Stellar Lumens-Dollar Settlement Price on September 27, 2021 as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker “XLMUSD_RR”) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR)

* The USD valuation of the award in XLM is calculated using the CF Stellar Lumens-Dollar Settlement Price on the date of transfer as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker “XLMUSD_RR”) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR)

*This budget request has not been fully awarded to the project. The USD valuation of the budget request in XLM will be calculated using the CF Stellar Lumens-Dollar Settlement Price on day of payment as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker “XLMUSD_RR”) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR). Learn more in the SCF Handbook.

*This budget request has been awarded to the project in XLM. The USD valuation of the budget request in XLM will be calculated using the CF Stellar Lumens-Dollar Settlement Price on day of payment as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker “XLMUSD_RR”) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR). Learn more in the SCF Handbook.