Skip to content

[Frontend/Contract] Create Synthetic Asset Protocol with Price Oracle Integration and Collateral Management #385

@ayomideadeniran

Description

@ayomideadeniran

📋 Overview

Labels: smart-contract complexity: hard eta-2-days synthetic-assets DeFi oracle

🎯 Problem Statement

Users cannot gain exposure to real-world assets on-chain. The platform needs a synthetic asset protocol that mirrors real-world prices with proper collateralization.

📝 Task Breakdown

Phase 1: Synthetic Asset Creation (0.5 days)

  • Implement synthetic asset minting
  • Create collateral requirement checking
  • Add price oracle integration
  • Build asset tracking

Phase 2: Price Oracle (0.5 days)

  • Implement oracle price feeds
  • Create price update mechanism
  • Add stale price detection
  • Build price deviation alerts

Phase 3: Collateral Management (0.5 days)

  • Implement collateral deposit
  • Create liquidation on under-collateralization
  • Add collateral ratio monitoring
  • Build liquidation incentives

Phase 4: Frontend Interface (0.5 days)

  • Create synthetic asset trading
  • Build collateral management
  • Add price tracking dashboard
  • Implement position monitoring

✅ Acceptance Criteria

  • Synthetics track real-world prices
  • Collateralization enforced
  • Liquidations execute properly
  • Oracle prices accurate
  • Frontend displays positions
  • All operations emit proper events

📁 Files to Create

  • contracts/src/synthetic_assets.rs
  • contracts/src/oracle_integration.rs
  • frontend/src/components/synthetics/SyntheticsDashboard.tsx

🎯 Success Metrics

  • Price tracking accuracy >99%
  • Liquidation execution <5 seconds
  • Collateral management safe
  • Support for 20+ synthetic assets

Metadata

Metadata

Assignees

No one assigned

    Labels

    Stellar WaveIssues in the Stellar wave program

    Type

    No type
    No fields configured for issues without a type.

    Projects

    No projects

    Milestone

    No milestone

    Relationships

    None yet

    Development

    No branches or pull requests

    Issue actions