Technology

Blockchain Architecture

Smart Contract Votes

Proposals are deployed by an ETH address. Holders of CGT tokens can then vote for whichever proposal they would prefer as the Active proposal. Whichever Ethereum address has the highest votes gets chosen as the active proposal.

The proposal chosen is authorized with administrative access to the variables affecting the internal control of the Creator Protocol and also has the power to alter them.

Along with the Creator governance role of the CGT token, there is also a secondary role it plays as the recapitalizing resource for the Protocol.

Suppose a debt in the system (which is usually a result of the inability to provide enough Stablecoins being made by the security auction to cover the incomplete responsibility of the vault) passes the surplus. In that case, the supply of CGT token might arise through the use of a debt auction to refurbish the system. This is a risk that requires the possessors of CGT to come together and dutifully govern the ecosystem of the Creator to avoid extreme taking of risks.

New segments of this Protocol include the Curio Chainlink Oracles, Stablecoin, Voting, and the Creator Security Vaults.

CurioDAO controls the Creator Protocol by determining the major limitations across the selecting power of those in possession of CGT.

Curio Oracles

The Creator Protocol needs live data about the price of the assets kept in the Creator Vault. To get this data, it uses the Curio Chainlink Oracles.

Curio Chainlink Oracles use unique APIs to discover and send information about the value of assets to the Creator Protocol.

There are currently seven APIs being used to gather this information.

Ethereum Mainnet Exodus

Providers will be given the opportunity to migrate from the Ethereum network to the Curio parachain. The development of the Ethereum network will not stop and will go parallel to the development of the parachain. Providers can stay on the Ethereum network and wait for the two systems to merge.

CurioDAO Parachain on Kusama

Kusama is a large pool of validators independent of Curio developers. Therefore, running the Curio blockchain under the control of the Kusama network validators will increase the security level of the network.

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