b0xxer/web
1
0
Fork 0
Code Issues Pull Requests Packages Projects Releases Wiki Activity

Update docs/liquid/liquid-part3.md

Browse Source
This commit is contained in:
b0xxer 2024-02-03 08:13:12 -06:00
parent 8e2d055ecd
commit 92fbfcd8a6
1 changed files with 4 additions and 2 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

6
docs/liquid/liquid-part3.md
View File

@ -109,11 +109,13 @@ Liquid supports more advanced features than just Swaps. Here are some of the oth
|Asset Type | Description |
|-----------|-------------|
|Tracked Asset | Movement of assets are tracked by AMP. Even though the movements of the Asset are secured within Confidential Transactions (and thus private on the chain), the issuer can see 'who has what'. Ownership can be queried via point-in-time for dividend / reward calculation purposes |
|Transfer Restricted Asset | In addition to all the above features, once an asset is issued to a user, they are restricted from transferring it without specific approval from Issuer. Further, Assets can be restricted based on described user *Categories*. So for example you could create a Category of user named *Stacker News User* and restrict transfer of these assets only among that group |
|Tracked Asset | Movement of assets are tracked by AMP. Even though the movements of the Asset are secured within Confidential Transactions (and thus private on the chain), the issuer can see. Ownership can be queried via point-in-time. |
|Transfer Restricted Asset | In addition to all the above features, once an asset is issued to a user, they are restricted from transferring it without specific approval from Issuer. Asset transfers are restricted based on user *Categories*. So for example you could create a Category of user named *Stacker News User* and restrict transfer of these assets only among that group |
By using one of the above features, this enables many different use-cases:
* Asset Holder Registry - The AMP is notified of transfers, so it makes it possible for the Issuer to always know "who has what". Thus, although everything is confidential on the public blockchain (and even among the asset holders), the Issuer can still have visibility into this.
* Share / Ownership Vetting - Because point-in-time moves can be queried, its possible for the Issuer to calculate "how long has User A owned this asset". This enables concepts like "share vetting" (ie. you can only sell your shares after holding for 365 days)
* Paying Dividends - Since you can calculate point-in-time ownership, this makes it possible to use these assets to pay dividends (say for instance your company was to pay .01 BTC in dividends this month, and you calculated that User A held a share for 10 days and User B for 20 days. Thus, you could pay User A .0033 L-BTC and User B .0066 L-BTC)