nova-algorithmic-stablecoin-v2

SP2KZ109PC2HRFH8T37ZD8VAQF2DK38RTXQSBK80T

Source Code


;; Nova Algorithmic Stablecoin V2
;; Advanced stability mechanism for algorithmic assets

(define-constant ERR-NOT-AUTHORIZED (err u100))

(define-fungible-token nova-usd)
(define-data-var target-price uint u1000000) ;; $1.00 USD (6 decimals)
(define-data-var oracle-price uint u1000000)

(define-public (update-oracle-price (new-price uint))
    (begin
        ;; In production, add oracle authorization check
        (var-set oracle-price new-price)
        (ok true)
    )
)

(define-public (stabilize)
    (let
        (
            (current-price (var-get oracle-price))
        )
        (if (> current-price (var-get target-price))
            (expand-supply)
            (contract-supply)
        )
    )
)

(define-private (expand-supply)
    (begin
        ;; Mint tokens to lower price
        (ft-mint? nova-usd u1000000 tx-sender)
    )
)

(define-private (contract-supply)
    (begin
        ;; Burn tokens to raise price
        (ft-burn? nova-usd u1000000 tx-sender)
    )
)

Functions (4)

FunctionAccessArgs
update-oracle-pricepublicnew-price: uint
stabilizepublic
expand-supplyprivate
contract-supplyprivate