const Hive = require('hive-js');
// Other necessary libraries and configurations
class Vault {
constructor(interestRate) {
this.interestRate = interestRate;
this.deposits = {}; // Stores deposits by user
}
addDeposit(user, amount) {
if (!this.deposits[user]) {
this.deposits[user] = { amount: 0, interest: 0 };
}
this.deposits[user].amount += amount;
this.calculateInterest(user);
}
calculateInterest(user) {
const deposit = this.deposits[user];
deposit.interest = deposit.amount * this.interestRate;
}
getDepositInfo(user) {
return this.deposits[user] || null;
}
}
// Vaults for different durations with respective interest rates
const vaults = {
'1m': new Vault(0.05),
'3m': new Vault(0.07),
'6m': new Vault(0.10),
'1y': new Vault(0.25),
// Add other durations as needed
};
function createBond(user, amount, duration) {
const vault = vaults[duration];
if (vault) {
vault.addDeposit(user, amount);
// Additional logic to interact with the blockchain
} else {
console.error('Invalid duration specified');
}
}
function lockHBD(user, amount, duration) {
// Logic to lock HBD on the blockchain
createBond(user, amount, duration);
}
function handleMaturity(user, duration) {
const vault = vaults[duration];
if (vault) {
const deposit = vault.getDepositInfo(user);
if (deposit) {
// Logic to pay interest and release funds
// Update blockchain and user balances
} else {
console.error('No deposit found for this user in the specified vault');
}
} else {
console.error('Invalid duration specified');
}
}
function main() {
// Example usage
lockHBD('user123', 1000, '1y');
// Other program logic
}
main();
I could see something like this in a smart contract, even beign managed by a thrid part that could work well
Does that place it all on Layer 2?
There are a lot of different possibilities. Ideally it is on the base layer of Hive (not that it couldnt be replicated by others using SC on different chains.
That would only enhance the resiliency of the system in my opinion if that were to happen.