ForTube
  • Introduction to ForTube
  • Whitepaper
  • DeFi Technical Components
    • Introduction to DeFi technical components
    • APEC
    • BEAMS
    • GEL&CALM&MAK
  • Financial Model
    • Adding Assets
    • Asset Pools Segregation
    • Asset Rating
    • Interest Rate Model
    • Health Index
    • Liquidation System
  • Governance Structure
    • Overall Structure
    • Bonding Curve
    • Fees Description
    • Risk Management
    • Governance Voting
  • Risk Control Framework
    • Financial Security
    • Smart Contract Security
    • Oracle Security
  • Community Construction
    • $FOR Holders
    • Developers
    • Membership System
    • Academy
  • ForTube Terms of Use
  • ForTube 이용자 약관
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  1. DeFi Technical Components

Introduction to DeFi technical components

In response to the challenges in Ethereum DApp development like difficulty in contract upgrade, fixed data structure, slow on-chain interaction, poor user experience, lack of necessary infrastructure, and security issues, the Force Protocol proposes three DeFi technical components: Fundamental component, extended component, and financial component, which collectively form The Force. The ultimate goal of The Force is to realize aninternet product level of development and upgrading pace as well as user experience among Ethereum finance DApps while maintaining their security.

Fundamental component: Assets Protected Elastic Contracts (APEC).

Extended component: Blockchain Enquiring, Auditing & Messaging System (BEAMS).

Financial component: Global Emergency Lockdown (GEL); Cooperative Automatic Lockdown Mechanism (CALM); Multisig Admin Keys (MAK).

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Last updated 4 years ago

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