Efficiency
Last updated
Last updated
DeltaPrime
Launch AppUnique to DeltaPrime is its Diamond Beacon Proxy pattern. This pattern allows us to:
Rapidly scale the protocol
Infinitely scale the protocol
Reduce setup costs
The Deployment of Dedicated Smart Contracts is one of the core innovations of the DeltaPrime protocol, essential for providing undercollateralized loans. Deploying these logic filled contracts would normally be an expensive operation. An additional challenge would arise when trying to add integrations to DeltaPrime, as these contracts would be unable to interact with newly implemented features. These challenges are overcome by the use of a beacon proxy pattern. Instead of redeploying the same smart contract over and over again, one "blueprint" (beacon) smart contract is deployed to the network. This contract contains all necessary logic and integrations. Prime Accounts use this contract to perform any logical operations, at the same time being able to keep their state separated. This state holds all personal information of the Prime Account, like the tokens and stakes. This solution is cheaper than deploying all of the contract logic for every Prime Account. It also allows for upgrading contracts, enabling users to interact with new integrations when they are deployed to DeltaPrime. This is what makes DeltaPrime future-proof.
This video from DeltaPrime cofounder Kamil Muca explains in-depth what this pattern is, the benefits it provides, and how it works.