Technical overview

Under the hood, each synthetic is an over-collateralised position managed by a small set of contracts. The design borrows the proven pattern of priceless synthetic tokens, positions that don't need a constant on-chain price, only a reference at settlement or dispute. Event-triggered synths add one more contract on top, the rebalance engine.

Implementation status

What follows is the target design. On-chain today: the position manager implements position creation (create) against a fixed minimum collateralisation ratio, alongside the event-triggered rebalance engine scaffold. Withdrawal, redemption, settlement, the liquidation and dispute path, trading, and the $TRANT token, bond, and staking layer are specified across these pages but not built. Nothing is deployed. The app preview shows this split screen by screen.

Network

TRANT deploys on Robinhood Chain, an Ethereum layer-2 built on the Arbitrum stack and optimised for tokenized real-world assets. It settles to Ethereum for security, uses ETH for gas, and is fully EVM-compatible, so TRANT's contracts and any Ethereum wallet work without modification. Fast, low-cost blocks make frequent minting, trading, and liquidation economical.

Position manager

Handles minting, collateral deposits, and redemption for a given synthetic. It enforces the minimum collateralisation ratio and issues the tradable token.

Optimistic oracle

Reports the reference value only when needed, at expiry, or when a position is disputed. Reporters stake economic value; incorrect reports are challenged and slashed, so the price is secured by incentives rather than trust.

Liquidation

Any actor can liquidate an under-collateralised position and earn a reward for doing so. This keeps every synthetic fully backed without the protocol intervening.

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