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abf99d05fc
Restructured from flat .tex/.pdf files into per-paper subdirectories. Added Antje Worring as co-author on all papers. Synced PDFs to pdfs/ for download site.
59 lines
2.3 KiB
TeX
59 lines
2.3 KiB
TeX
\section{Protocol Architecture}
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\label{sec:architecture}
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\subsection{System Components}
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The LLS protocol consists of four smart contracts deployed on Lux C-Chain:
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\begin{definition}[LLS Contract System]
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\begin{enumerate}
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\item \textbf{StakingPool}: Receives LUX deposits, delegates to validators, manages unstaking.
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\item \textbf{sLUX Token}: Rebasing ERC-20 tracking proportional ownership of the staking pool.
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\item \textbf{wsLUX Token}: Non-rebasing ERC-20 wrapping sLUX at a fixed exchange rate.
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\item \textbf{InsurancePool}: Holds reserve funds to cover slashing losses.
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\end{enumerate}
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\end{definition}
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\subsection{Deposit Flow}
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\begin{algorithm}[H]
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\caption{LUX Deposit and sLUX Minting}
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\label{alg:deposit}
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\begin{algorithmic}[1]
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\Procedure{Deposit}{user, amount}
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\State \textbf{require} amount $\geq 1$ LUX
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\State Transfer $\mathsf{amount}$ LUX from user to StakingPool
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\State $\mathsf{shares} \gets \mathsf{amount} \cdot \mathsf{totalShares} / \mathsf{totalPooled}$
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\If{$\mathsf{totalShares} = 0$}
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\State $\mathsf{shares} \gets \mathsf{amount}$ \Comment{First deposit: 1:1 ratio}
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\EndIf
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\State Mint $\mathsf{shares}$ sLUX to user
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\State $\mathsf{totalShares} \gets \mathsf{totalShares} + \mathsf{shares}$
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\State $\mathsf{totalPooled} \gets \mathsf{totalPooled} + \mathsf{amount}$
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\State Queue delegation to selected validators
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\EndProcedure
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\end{algorithmic}
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\end{algorithm}
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\subsection{Withdrawal Flow}
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\begin{algorithm}[H]
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\caption{sLUX Withdrawal}
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\label{alg:withdraw}
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\begin{algorithmic}[1]
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\Procedure{RequestWithdrawal}{user, shares}
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\State $\mathsf{amount} \gets \mathsf{shares} \cdot \mathsf{totalPooled} / \mathsf{totalShares}$
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\State Burn $\mathsf{shares}$ sLUX from user
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\State $\mathsf{totalShares} \gets \mathsf{totalShares} - \mathsf{shares}$
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\State Create withdrawal request $(user, \mathsf{amount}, \mathsf{timestamp})$
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\State Initiate undelegation for $\mathsf{amount}$ LUX
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\EndProcedure
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\Procedure{FinalizeWithdrawal}{requestId}
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\State \textbf{require} $\mathsf{block.timestamp} \geq \mathsf{request.timestamp} + \tau_{\text{unbond}}$
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\State Transfer $\mathsf{request.amount}$ LUX to $\mathsf{request.user}$
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\State $\mathsf{totalPooled} \gets \mathsf{totalPooled} - \mathsf{request.amount}$
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\EndProcedure
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\end{algorithmic}
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\end{algorithm}
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