Contract Design Architecture
Smart Contract Components in Cascadius - Design
Last updated
Smart Contract Components in Cascadius - Design
Last updated
The basic smart contract components in Cascadius are below. There will be more complexity in the contracts and connections to indexing infrastructure, but main points are:
Loan Proxies: Onramp for loan into Cascadius; contains all indicative, non-PII information on a given loan, and will be made available in the Cascadius loan universe catalog.
Securitization: represents a full securitization and links to the loan proxy objects that form the collateral base for the securitization, as well as the list of sequential pay classes (in the class of a pass-thru, will link to a single securitization class).
Securitization Class: represents an an asset that can be held and traded by market participants, and receives proceeds (and incurs losses) from the underlying pool of loans.