Marmalade Architecture
The introduction of the multi-policy model in Marmalade V2, with the inclusion of middleware contracts like policy-manager and sale-contracts, aims to enhance the user experience by simplifying token creation and management.
Ledger
The ledger functions as the primary contract responsible for user interaction.
Marmalade is a system of multiple contracts, that calls functions in layers. The
main contract in Marmalade is marmalade-v2.ledger, which stores the token
information, token's accounts, and the policies associated with it. The main
functions are create-token, mint, burn, transfer, sale.
For more info on the ledger please click here
Policy Manager
Marmalade V1 tokens were designed to be governed by a single policy that allows customization of the core Marmalade functions. In Marmalade V2, token creators can now use multiple policies to program the tokens. This is done via the policy manager.
The policy-manager, which acts as a middleware between the ledger and the policies.
Quoted Sale
In Marmalade v1, fixed-quote-policy served as an example for handling the fungible transfers at sales. With the upgrade to Marmalade V2, we have integrated this fungible transfer feature inside the Policy Manager, which includes various interactions between the Policy Manager, policies, and sale contracts. This allows secure escrowed transfers, creative auctions, guaranteed royalties, and standardized processes within marketplaces.
Escrows
The Policy Manager also establishes a standard for the collection and distribution of fungibles between the seller, buyer, and policies through an escrow.
As a middleware, the Policy Manager receives the user’s offer or buy call
from the ledger, and dispatches it to individual policies that the token is
composed of. In the case of quoted sales, the Policy Manager transfers the
quoted price from the buyer to an escrow account, disburses a portion of the
reserved fees to the policies, and then remits the remaining quoted price to the
seller.
for more info on the policy manager please click here
Sale Contracts
The Sale Contract is a contract responsible for updating the final price of the quote during the buy process. By managing sale contracts within Marmalade, we can provide users a safe way to participate in various sale features such as creative auctions, while also guaranteeing royalty payout.
for more info on the sale contracts please click here