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[B] Add code to tlosto.seeds contract to keep track of the total received EOS and BTC, starting at zero and increasing with every new transaction. Where would these numbers be stored, and is it easy to confirm they are accurate? I think this is a better approach than creating new liability tokens (HBTC and HEOS).
[C] Remove the ability in tlosto.seeds to accept HUSD. The contract will only accept EOS and BTC for now. We will deal with HUSD redemption (for Seeds) by Hypha members in a different manner.
[D] Move full balance of Seeds from tlosto.seeds to seeds.hypha
[E] Move full balance of Seeds from milest.seeds to tlosto.seeds
[F] Turn the system back on and confirm working as intended.
If we do this, then the Seeds being sold via the website (http://buyseeds.earth/) will be the Seeds that are owned by the SEEDS Commons. This is the beginning of direct funding for the SEEDS Commons, and this is good. The proceeds (EOS/BTC) will continue to live in the Hypha Treasury, until the SEEDS Commons is ready to receive them. The accounting for the proceeds will live in the tlosto.seeds contract, where it is visible.
[A] Pause the system
[B] Add code to tlosto.seeds contract to keep track of the total received EOS and BTC, starting at zero and increasing with every new transaction. Where would these numbers be stored, and is it easy to confirm they are accurate? I think this is a better approach than creating new liability tokens (HBTC and HEOS).
[C] Remove the ability in tlosto.seeds to accept HUSD. The contract will only accept EOS and BTC for now. We will deal with HUSD redemption (for Seeds) by Hypha members in a different manner.
[D] Move full balance of Seeds from tlosto.seeds to seeds.hypha
[E] Move full balance of Seeds from milest.seeds to tlosto.seeds
[F] Turn the system back on and confirm working as intended.
If we do this, then the Seeds being sold via the website (http://buyseeds.earth/) will be the Seeds that are owned by the SEEDS Commons. This is the beginning of direct funding for the SEEDS Commons, and this is good. The proceeds (EOS/BTC) will continue to live in the Hypha Treasury, until the SEEDS Commons is ready to receive them. The accounting for the proceeds will live in the tlosto.seeds contract, where it is visible.
There is more to address later, but the above [A]-[F] may be good for a quick implementation as MVP. Thoughts?
@Nikolaus Heger @joachim Stroh @rieki @sorin
See comment sections at the bottom of this document for some more of the conversation.
https://docs.google.com/document/d/18xxDukyqVZPJw0LCUMWsVvaqKQFi9Bs6o7xjy9uj2pc
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