The Inverter Protocol

Key Protocol Features

The design and functionality of the Inverter Protocol are shaped by its high and low-level requirements:

• Modular Protocol Architecture: Enables deployment and iteration of token economies by combining various modules in a plug & play fashion, providing flexibility and adaptability without custom development.

• Module Library: Offers a collection of pre-audited, interoperable smart contract modules that can be utilized within the protocol.

• Inverter Security Standard: Incorporates comprehensive off-chain and on-chain security measures, including rigorous audits, secure development practices, and built-in safeguards to protect assets and transactions.

Architecture Components

The Inverter Protocol's architecture comprises of several key components that form the foundation of each token economy:

• Core Orchestrator Contract: The core contract that coordinates the interactions between various modules for a token economy workflow to ensure seamless operation and maintain system integrity.

• Module Types and Interfaces: Defines the standard interfaces for all modules to facilitate smooth integration and interoperability.

• Beacon Proxy Pattern: Upgrade mechanism that allows for system-wide updates without requiring redeployment of individual contracts, improving maintenance and gas efficiency.

• Deployment Factories: Allow for permissionless deployments of all the workflow contracts.

Architecture Diagram

Token Economy Workflow

Inverter Protocol workflows consist of various modules, each serving a specific purpose in a token economy:

• Orchestrator: Acts as the core engine that integrates all modules and manages their interactions within a workflow

• Authorizer: Controls access and permissions across a workflow, ensuring that only authorized entities can execute specific operations.

• Funding Manager: Handles token issuance and redemption against asset inflows, serving as the primary mechanism for managing the token supply.

• Payment Processor: Manages the distribution and processing of token payments according to predefined rules and conditions set within the workflow.

• Logic Modules: Execute specific business logic and functionalities required by different token utilities and behaviors.

For further details on how these components operate within a token economy, please visit our Workflow Model Page.