Erc-3690 Protocol
Protocolo para real world asset, con funciones de tokenizar propiedades por fracción.
Last updated
Protocolo para real world asset, con funciones de tokenizar propiedades por fracción.
Last updated
Dual Token Protocol The dual-layer token combines the functionalities of ERC-20, ERC-721, and ERC-1155 while adding a classification layer that uses (mainId) as the identifier for the main asset type and (subId) as the unique attributes or variations of the main asset.
Each RWA or property is a distinct token and has a total supply limited to its scope. Each unit of this total supply is considered a supply dependent on the (mainId).
For example, a property of 150 square meters could be divided into 1 or 10 square meters, thus creating 15 distinct sub-tokens, which are compatible with the ERC-1155 protocol for trading and negotiation on web3 platforms.
The proposed token aims to offer greater granularity in token management, facilitating a well-organized token ecosystem and simplifying the process of token tracking within a contract.
This standard is particularly useful for tokenizing and enabling fractional ownership of Real World Assets (RWAs). It also allows for the efficient and flexible management of both fungible and non-fungible assets.
The following are examples of assets for which the DLT standard can represent fractional ownership:
Invoices
Company shares
Digital collectibles
Real estate
The ERC-1155 standard has seen considerable adoption within the Ethereum ecosystem; however, its design shows limitations when handling tokens with multiple classifications, particularly in relation to Real World Assets (RWAs) and asset fractionalization.
ERC20 🏠 (All houses are the same and interchangeable) Problem: The ERC20 standard cannot represent a single property with different attributes.
ERC721 (Each house is unique but not interchangeable) Problem: The ERC721 standard cannot represent the fractional ownership of a single house.
ERC1155 (Houses are unique, and their parts are interchangeable) Problem: ERC1155 can represent a single house and its fractional ownership, but this requires creating two types of assets within the same contract.
Solution: DLT tokens can efficiently represent a single house (MainId) and its fractional ownership (SubId) within the same contract, enabling greater versatility in the negotiation and trading of each asset.