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flow.md

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Bitsave flow Arbitrum Stylus

Features

  • Swap token
  • Lock token
  • Withdraw token
    • As stable coin
    • In original coin
    • With interest in bitsave coin
    • Penalty noted

Flow

  1. User saves in volatile token V.
  2. User puts in penalty percentage they want to pay
  3. User interest in bitsave's token B is calculated
  4. User can choose to save in safe or risk mode

Flow for safe mode

  • Token V is converted to stable coin S.
  • Coin S is locked in user's account till maturity
  • User wait till maturity time
  • If user breaks saving
    • S is unlocked from user's account
    • Penalty percentage P% is removed from S.
    • Remaining S is converted back to V.
    • V is made available to user without interest B.

Flow for risk mode

  • Token V is locked directly for user