Dynamic pricing for 2 way swap in tokenSwap contract

[vivekteega]

Currently the token swap price is static. Create dynamic pricing so the price is pulled from the blockchain

[vivekteega]

Contents of the flodata for dynamic price change

• contract-name
• contract-address
• price
• oracle-address

Things to keep in mind

• Should be able to parse in 1 shot
• Normal people will be doing the transactions, so don't make it too complicated
• FROM address : The address which is authorized to change the price
• TO address : The contract address

FLODATA formats

price update {"price-update":{"contract-name": "", "contract-address": "", "price": 3}}

Contract Creation Create Smart Contract with the name swap-rupee-opeth@ of the type continuous-event* at the address oTzrcpLPRXsejSdYQ3XN6V4besrAPuJQrk$ with contract-conditions : (1) subtype = tokenswap (2) accepting_token = rupee# (3) selling_token = opeth# (4) price = '0.4' (5) priceType = dynamic (6) oracle_address = 'odzijPEJ1ToULkvRKiKYuzgbGFSXgC4R1o' end-contract-conditions

Contract deposits Deposit 15 opeth# to swap-rupee-opeth@ its FLO address being oTzrcpLPRXsejSdYQ3XN6V4besrAPuJQrk$ with deposit-conditions: (1) expiryTime= Thu Dec 8 2022 18:00:00 GMT+0530

Contract participation send 0.8 rupee# to swap-rupee-opeth@ its FLO address being oTzrcpLPRXsejSdYQ3XN6V4besrAPuJQrk$

[vivekteega]

Does statef have a role in dynamic pricing?

[vivekteega]

statef could have a role in dynamic pricing, we haven't figured out a way to do rollbacks with statef .. so it is a feature still in development and not usable as of now. Closing this issue until future solutions emerge