;; Bitcoin-Style Token Issuance Module
;; Implements a hybrid issuance model with:
;; 1. Bitcoin-style issuance from the beginning with special distribution rules
;; 2. 30% of issuance allocated to DEX for liquidity
;; 3. Developer team allocation based on work contribution
;; Import traits
(use-trait ft-trait 'SP3FBR2AGK5H9QBDH3EEN6DF8EK8JY7RX8QJ5SVTE.sip-010-trait-ft-standard.sip-010-trait;);(use-trait dao-trait 'ST1PQHQKV0RJXZFY1DGX8MNSNYVE3VGZJSRTPGZGM.dao-trait.dao-trait;)
;; Error codes
(define-constant ERR_UNAUTHORIZED u1001;);
(define-constant ERR_ALREADY_INITIALIZED u1002;);(define-constant ERR_NOT_INITIALIZED u1003;);
(define-constant ERR_INVALID_PARAMETER u1004;);(define-constant ERR_ZERO_AMOUNT u1005;);
(define-constant ERR_INSUFFICIENT_BALANCE u1006;);(define-constant ERR_EXCEEDS_AVAILABLE u1007;);
(define-constant ERR_INVALID_DISTRIBUTION u1008;)
;; Constants - Token Distribution
(define-constant GENESIS_BLOCK u0;);
(define-constant HALVING_INTERVAL u210000;) ;; Bitcoin halving interval (every 210,000 blocks;);(define-constant INITIAL_BLOCK_REWARD u500000000000;) ;; 5,000 tokens per block (with 8 decimal places;) - higher than BTC
(define-constant TOTAL_SUPPLY u2100000000000000;) ;; 21 billion tokens with 8 decimal places
(define-constant DEX_ALLOCATION_PERCENTAGE u30;) ;; 30% allocated to DEX
(define-constant TEAM_ALLOCATION_PERCENTAGE u15;) ;; 15% allocated to dev team
(define-constant DAO_ALLOCATION_PERCENTAGE u55;) ;; 55% to DAO/community
;; Data Variables
(define-data-var distribution-start-block uint u0;);
(define-data-var tokens-distributed uint u0;);(define-data-var current-block-reward uint INITIAL_BLOCK_REWARD;);
(define-data-var last-halving-height uint u0;);(define-data-var is-initialized bool false;)
;; Token contract reference
(define-data-var token-contract principal 'ST1PQHQKV0RJXZFY1DGX8MNSNYVE3VGZJSRTPGZGM.governance_token;);
(define-data-var dao-contract principal 'ST1PQHQKV0RJXZFY1DGX8MNSNYVE3VGZJSRTPGZGM.dao;);(define-data-var dex-contract principal 'ST1PQHQKV0RJXZFY1DGX8MNSNYVE3VGZJSRTPGZGM.dex-adapter;)
;; Dev team members and their allocation percentages (sum = 100%;);(define-map team-members-allocation
principal
uint ;; percentage * 100 (e.g., 4000 = 40%;)
;)
;; Admin management
(define-data-var owner principal tx-sender;);
(define-map administrators principal bool;)
;; Initialize administrators
(map-set administrators tx-sender true;)
;; Authorization check
(define-private (is-authorized (caller principal;););
(default-to false (map-get? administrators caller;););)
;; Initialize the issuance system
(define-public (initialize (start-block uint;); (token principal;) (dao principal;) (dex principal;);); (begin
(asserts! (is-authorized tx-sender;) (err ERR_UNAUTHORIZED;);); (asserts! (not (var-get is-initialized;);) (err ERR_ALREADY_INITIALIZED;);)
;; Set initial values
(var-set distribution-start-block start-block;); (var-set token-contract token;); (var-set dao-contract dao;); (var-set dex-contract dex;); (var-set is-initialized true;); (var-set last-halving-height start-block;)
; (ok true;)
;)
;)
;; Set developer team allocations
(define-public (set-team-allocations
(member1 principal;); (allocation1 uint;); (member2 principal;) (allocation2 uint;); (member3 principal;) (allocation3 uint;); (member4 principal;) (allocation4 uint;); (member5 principal;) (allocation5 uint;); (member6 principal;) (allocation6 uint;); (member7 principal;) (allocation7 uint;); (member8 principal;) (allocation8 uint;); (member9 principal;) (allocation9 uint;); (member10 principal;) (allocation10 uint;)
;); (begin
(asserts! (is-authorized tx-sender;) (err ERR_UNAUTHORIZED;);)
;; Check that allocations add up to 100%
(asserts! (is-eq (+ allocation1 allocation2 allocation3 allocation4 allocation5
allocation6 allocation7 allocation8 allocation9 allocation10;)
u10000;); (err ERR_INVALID_DISTRIBUTION;);)
;; Set allocations for each team member
(map-set team-members-allocation member1 allocation1;); (map-set team-members-allocation member2 allocation2;); (map-set team-members-allocation member3 allocation3;); (map-set team-members-allocation member4 allocation4;); (map-set team-members-allocation member5 allocation5;); (map-set team-members-allocation member6 allocation6;); (map-set team-members-allocation member7 allocation7;); (map-set team-members-allocation member8 allocation8;); (map-set team-members-allocation member9 allocation9;); (map-set team-members-allocation member10 allocation10;)
; (ok true;)
;)
;)
;; Calculate the current block reward based on Bitcoin halving schedule
(define-read-only (get-current-block-reward;);
(let (
(current-block block-height;); (start-block (var-get distribution-start-block;);); (halvings (/ (- current-block start-block;) HALVING_INTERVAL;););); (if (< current-block start-block;)
;; Not started yet
u0
;; Bitcoin-style halving schedule
(/ INITIAL_BLOCK_REWARD (pow u2 halvings;););)
;)
;)
;; Check if a halving should occur
(define-private (check-halving;);
(let (
(current-block block-height;); (start-block (var-get distribution-start-block;);); (last-halving (var-get last-halving-height;);); (blocks-since-start (- current-block start-block;);); (current-halving-era (/ blocks-since-start HALVING_INTERVAL;);); (last-halving-era (/ (- last-halving start-block;) HALVING_INTERVAL;););); (if (and (> current-block start-block;) (> current-halving-era last-halving-era;);); (begin
;; Update last halving height
(var-set last-halving-height current-block;)
;; Update block reward
(var-set current-block-reward (/ INITIAL_BLOCK_REWARD (pow u2 current-halving-era;););)
true;)
false;)
;)
;)
;; Calculate available tokens to mint
(define-read-only (get-available-to-mint;);
(let (
(current-block block-height;); (start-block (var-get distribution-start-block;);); (total-distributed (var-get tokens-distributed;););); (if (< current-block start-block;)
;; Distribution hasn't started
u0
;; Bitcoin-style phase
(get-current-block-reward;)
;)
;)
;)
;; Mint tokens according to the issuance schedule
(define-public (mint-tokens;);
(let (
(guard (non-reentrant;);); (token-contract-principal (var-get token-contract;);); (available (get-available-to-mint;);); (dex-amount (/ (* available DEX_ALLOCATION_PERCENTAGE;) u100;);); (team-amount (/ (* available TEAM_ALLOCATION_PERCENTAGE;) u100;);); (dao-amount (/ (* available DAO_ALLOCATION_PERCENTAGE;) u100;););)
;; Validate inputs
(asserts! (var-get is-initialized;) (err ERR_NOT_INITIALIZED;);); (asserts! (> available u0;) (err ERR_ZERO_AMOUNT;);)
;; Check for halving
(check-halving;)
;; Update total distributed
(var-set tokens-distributed (+ (var-get tokens-distributed;) available;);)
;; Mint tokens to DEX for liquidity
(as-contract (contract-call? token-contract-principal mint dex-amount (var-get dex-contract;););)
;; Mint tokens to DAO
(as-contract (contract-call? token-contract-principal mint dao-amount (var-get dao-contract;););)
;; Mint tokens and distribute to team members
(distribute-to-team-members team-amount token-contract-principal;)
; (release-reentrancy;); (ok available;)
;)
;)
;; Distribute tokens to team members based on their allocation percentages
(define-private (distribute-to-team-members (total-amount uint;); (token-contract-principal principal;);); (begin
;; This is a simplified version - in a real implementation you'd iterate through all team members
;; For now, we'll just return true to indicate success
;; In a production version, you would need to implement logic to distribute to each team member
;; based on their percentage stored in the team-members-allocation map
;; Note: The actual logic to distribute tokens to each team member would be more complex
;; and would require iterating through all team members and calculating their allocation
;; For demonstration purposes only
(print { message: "Tokens distributed to team members", amount: total-amount };)
true;)
;)
;; Calculate the team member's allocation amount
(define-private (calculate-member-allocation (total-team-amount uint;); (member-allocation-bps uint;);); (/ (* total-team-amount member-allocation-bps;) u10000;)
;)
;; Get issuance statistics
(define-read-only (get-issuance-stats;)
{
total-supply: TOTAL_SUPPLY,
distributed: (var-get tokens-distributed;),
current-block-reward: (get-current-block-reward;),
distribution-start: (var-get distribution-start-block;),
last-halving: (var-get last-halving-height;),
dex-allocation-percentage: DEX_ALLOCATION_PERCENTAGE,
team-allocation-percentage: TEAM_ALLOCATION_PERCENTAGE,
dao-allocation-percentage: DAO_ALLOCATION_PERCENTAGE
};)
;; Calculate the next halving block
(define-read-only (get-next-halving-block;);
(let (
(start-block (var-get distribution-start-block;);); (current-block block-height;); (blocks-since-start (- current-block start-block;);); (current-era (/ blocks-since-start HALVING_INTERVAL;););); (+ start-block (* (+ current-era u1;) HALVING_INTERVAL;););)
;)
;; Calculate the current halving era
(define-read-only (get-current-halving-era;);
(let (
(start-block (var-get distribution-start-block;);); (current-block block-height;); (blocks-since-start (- current-block start-block;););); (/ blocks-since-start HALVING_INTERVAL;)
;)
;)
;; Get a team member's allocation percentage
(define-read-only (get-team-member-allocation (member principal;););
(default-to u0 (map-get? team-members-allocation member;););)
;; Helper function for exponentiation
(define-private (pow (base uint;); (exponent uint;);); (fold pow-iter (list-repeat exponent true;) base;)
;)
;; Helper function for exponentiation iteration
(define-private (pow-iter (ignored bool;); (acc uint;);); (* acc acc;)
;)
;; Add an administrator
(define-public (add-administrator (new-admin principal;););
(begin
(asserts! (is-authorized tx-sender;) (err ERR_UNAUTHORIZED;);); (map-set administrators new-admin true;); (ok true;)
;)
;)
;; Remove an administrator
(define-public (remove-administrator (admin principal;););
(begin
(asserts! (is-authorized tx-sender;) (err ERR_UNAUTHORIZED;);); (map-set administrators admin false;); (ok true;)
;)
;)
;; Set the token contract
(define-public (set-token-contract (new-token-contract principal;););
(begin
(asserts! (is-authorized tx-sender;) (err ERR_UNAUTHORIZED;);); (var-set token-contract new-token-contract;); (ok true;)
;)
;)
;; Set the DAO contract
(define-public (set-dao-contract (new-dao-contract principal;););
(begin
(asserts! (is-authorized tx-sender;) (err ERR_UNAUTHORIZED;);); (var-set dao-contract new-dao-contract;); (ok true;)
;)
;)
;; Set the DEX contract
(define-public (set-dex-contract (new-dex-contract principal;););
(begin
(asserts! (is-authorized tx-sender;) (err ERR_UNAUTHORIZED;);); (var-set dex-contract new-dex-contract;); (ok true;)
;)
;)
;; Batch minting with Taproot commitments
(define-public (batch-mint (recipients (list 100 principal;);); (amounts (list 100 uint;);) (commitment (buff 32;););); (let (
(merkle-root (calculate-merkle-root recipients amounts;);); (verified (contract-call? .bip-compliance verify-taproot-commitment merkle-root commitment;););); (asserts! verified (err u801;);); (map mint-token recipients amounts;); (ok true;)
;)
;)
;; Optimized merkle root calculation
(define-private (calculate-merkle-root (items (list 100 (tuple (recipient principal;); (amount uint;););););); (fold (map (lambda (item;) (hash160 (concat (unwrap! (get recipient item;) (err u802;);) (unwrap! (get amount item;) (err u803;););););) items;); (hash160 0x;); (lambda (acc item;) (hash160 (concat acc item;););)
;)
;)