Decentralized Exchange with Price Oracle Apparatuses, Processes and Systems
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United States of America
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Issued Date -
Apr 10, 2025
app pub date -
Oct 10, 2023
filing date -
Oct 10, 2023
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Abstract
The Decentralized Exchange with Price Oracle Apparatuses, Processes and Systems (“DEPO”) transforms decentralized exchange liquidity provision request, decentralized exchange crypto asset swap request, decentralized exchange liquidity redemption request datastructure/inputs via DEPO components into decentralized exchange liquidity provision response, decentralized exchange crypto asset swap response, decentralized exchange liquidity redemption response outputs. A decentralized exchange liquidity provision transaction is obtained via a bidirectional decentralized exchange smart contract deployed on a blockchain. A crypto assets exchange quotient for exchanging a first crypto asset type and a second crypto asset type is determined. A quantity of fungible tokens specific to a crypto assets liquidity tranche datastructure to generate is calculated. The calculated quantity of fungible tokens specific to the crypto assets liquidity tranche datastructure is transferred to a provision blockchain address controlled by a sender of the decentralized exchange liquidity provision transaction.
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