[WOOF!] Subtotal community report on the Compound Sandbox initiative | Jan 24, 2025
Due to the intermediate stage of the discovery phase of the Compound Sandbox initiative, the WOOF! company formed and documented the logic of the main functional parts of the application and visualized their interactions in the block diagram.
The document “SRS v0.01 for Community” includes the following main sections:
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Glossary: Describes key terms and roles in the context of the document, such as Creator, PID Controller, Commissions, Community Pool, and others.
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Sandbox Community Pool: Describes the reward mechanism for Market Creators, who earn COMP tokens depending on the success of their markets.
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PID Controller: Manages and controls markets, storing data and market settings.
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Markets Factory: Creates a new market through smart contracts.
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Market: Covers multiple functions, including:
- Setting the pauseGuardian address.
- Asset borrowing capabilities.
- Liquidation.
- Closing the market by the creator.
- Transfer of market ownership by the creator.