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Solidity implementation of ACTUS Contract Types (https://www.actusfrf.org/algorithmic-standard)

ACTUS

ACTUS Protocol (GitHub) contains a solidity implementation of the ACTUS standard. ACTUS was created by the ACTUS Foundation.

The goal of ACTUS is to break down the diversity in financial instruments into a manageable number of cash flow patterns – so called Contract Types (CT).

You can find the complete specifications of the two parts of the standard, the ACTUS Data Standard and the ACTUS Algorithmic Standard on GitHub.

In protocol we ported the Standards to solidity and are incrementally implementing ACTUS contract types. Currently the following contract types have been implemented:

  • ANN - Annuity: Used for instruments where interest and principal are paid back over the lifetime of the asset.
  • CEC - Collateral: Creates a relationship between a collateral an obligee and a debtor, covering the exposure from the debtor with the collateral.
  • CEG - Guarantee: Creates a relationship between a guarantor, an obligee and a debtor, moving the exposure from the debtor to the guarantor.
  • CERTF - Certificates
  • PAM - Principal at Maturity: Used e.g. for assets where interest is paid over the lifetime but the principal is paid at the end of the schedule.
  • STK - Stocks

The ACTUS implementation in Solidity can be used independently for creating ACTUS instruments on Ethereum but also is the foundational component for the protocol.