DOFI ENCRYPT ECOLOGY

WHITE PAPER 1.0

PREFACE

As an ancient and traditional industry, the financial industry plays an important role in

the stable development of the country and society. It is certain that the development of

society and state organizations is inseparable from the booming financial industry.

The developed financial industry drives the overall economic development and

progress. The prosperity and development of the financial industry has injected blood

and soul into the country and society. The upgrading of the industry structure and

integration with traditional industries, empowering the development of traditional

industries, is an important research direction for the development of today's society.

At the same time, blockchain technology and digital currency have gradually entered

people's sight, and with their own novel technologies and concepts, they have aroused

the crazy pursuit of capital and users. In the long run, blockchain technology will

perfectly fit the current financial system reform trend and solve the current class

contradictions that cannot be reconciled.

In 2021, the epidemic hit the global financial market, and the crisis has further

expanded. This year, we have verified countless difficult histories. How did the Fed

and central banks face the crisis? Through the unrestricted over-issuance currency

system, interest rate cuts and RRR cuts have greatly stimulated the market, the rapid

depreciation of currencies, and wealth once again easily deprived of by the centralized

system, all we have to do is to obey.

At the same time this year, the DeFi market ushered in explosive growth. The

locked-in value of DeFi, as an indicator of market liquidity, soared all the way. On

August 19, the locked-in value of DeFi reached a record high of US$6.38 billion.

However, the current scale of DeFi is still less than 1% of the scale of the traditional

financial market, and it has huge development potential. The power of DeFi and the

traditional financial market will gradually merge to bring greater capital to DeFi, as

well as more regulatory transparency and market flexibility. At this time, we are

standing at the starting point of the DeFi explosion, facing the vast future of the DeFi

world.

The financial world in the future will definitely abandon the constraints of

centralization, and everyone will benefit from it.

VISION

[Sorrow]

When the fragile centralized finance experiences the attack of financial crisis again

and again

Our wealth

It will die out in the disaster

But it will be reborn

On the 10th anniversary of Nakamoto's disappearance

We want DOFI to make people aware of it

The significance of decentralized consensus

And the value of privacy and freedom

It will connect more people

Become the real starting point of human civilization

Born for the freedom of all human wealth

In a decentralized way

Reshaping the entire financial and business ecology

It will change the way wealth is created

It will also change today's business landscape

Wealth will be redistributed according to the consensus of mankind

Change the unknown future with sincerity and love

It's more about ourselves

If you want to ask who we are

I'll tell you that we are all Nakamoto

Because everyone is Nakamoto

If you don't believe it

Or don't understand it

I'm sorry I don't have time to convince you

...........
DOFI-Themis in charge of fairness

Since human civilization has entered an accelerated development track, the gap

between the rich and the poor has always been accompanied by the development of

the world economy, allowing most people to move forward with heavy burdens. In the

21st century, the top 10% of society have more than 75% of assets, and huge amounts

of wealth continue to flow into the hands of very few people. This is an extremely

painful reality for people other than the rich. The disparity between the rich and the

poor will lead to the financial system. The social trust system is more fragile, and

class conflicts have intensified, which is the cancer of civilization that is spreading.

The emergence of blockchain technology has rekindled our hope for a fair world.

Blockchain is the flower of God that is loyal to the principles of mathematics,

transcends the moral trust of humans, and the trust constrained by algorithms will

gradually be assimilated into the ultimate belief, allowing humans to evolve into a

smart contract civilization, and outline the future super civilization to you and me.

Beautiful silhouette. With the arrival of the digital currency halving in 2020, the

fairness of the blockchain world has been broken again.

Based on scientific thinking and careful layout, DOFI aims to break the gap between

the rich and the poor, relying on the decentralized underlying technology to establish

a scientific, fair, and transparent decentralized central bank financial issuance and

storage system, leading a new type of financial social experiment, and letting capital

serve Collective benefit services allow assets that comply with the rules of the

economic game to increase in an orderly manner during fission, and allow financial

civilization to develop in-depth to chain business civilization.

DOFI uses the TRON high-performance public chain to formulate chain business

contracts, allowing algorithms to take over humanity and implanting thousands of

business behaviors into decentralized genes. From then on, business rules strictly

follow mathematical logic, end all scams and unfairness, and guarantee even the most

In a gloomy environment, the DOFI contract always makes the most fair judgment.

DOFI was born for collective profit. The public can participate in assets and

redistribution through DOFI. Consortiums and technical groups can quickly publish

chain business applications through DOFI. Cross-chain transactions are no longer on

paper. People who desire freedom can socialize anonymously without barriers. ,

Blockchain talents will obtain better resource allocation through the chain business

system...

Everyone is a believer, everyone is a participant, and even everyone can be a rule

maker. Social finance will show more orderly competition, and more flowers will

bloom.

The greater the ability and the greater the responsibility, DOFI will burst into the light

of fairness and justice and benefit the public, do its best to smooth the friction in the

world, and lead mankind towards a perfect world.

DOFI Introduction

DOFI is an operating system that is the foundation of a trusting society developed by

the DOOER community spontaneously established by the DOOER community. It is

not a DAPP in the traditional sense, but is based on the TRON blockchain, which can
be combined with AI, Big Data and other technologies are the fourth-generation

blockchain technology group multi-dimensional technology collection. In addition,

DOFI also represents an ecological architecture and financial technology concept,

represents an anonymous person who builds a trusting society, and represents an ideal

trust society form.

DOFI will use public ledgers and public accounting technology to create a consensus

mechanism and decentralized trust algorithm, create encrypted digital assets through

smart contracts to effectively encourage public accounting and community members

to participate, and open source software codes to establish trust machines, thus

forming Self-organizing communities. Blockchain is not only a technology, but also a

social behavior system based on network and machine trust.

MAIN BODY

DAO autonomous organization

A fundamental difference between a blockchain community-based autonomous

organization (DAO organization) and a traditional company is that it was initially

positioned as a giant mesh organization, which is a global, distributed, and non-linear

expansion and development.

DOFI relies on blockchain technology and the concept of token economy, adopts a

decentralized node management method, autonomous communities are highly

autonomous, and provides a series of voting mechanisms. The voting results are

combined with smart contracts to automatically adjust the business share and credit

rating of the business.

DAO has early miners, financiers, sociologists and the world's top blockchain

technology giants from all over the world. At the same time, there are also many

capital giants participating in:

American Techme Foundation

Renice Foundation

British CAPTAIN Foundation

Supervisory agency

Important participants of DOFI. They can be institutions or individuals. They

supervise, audit, certify, rate, and arbitrate business activities in DOFI. Third-party

service providers: third parties that provide related commercial services based on

DOFI.
INNOVATION FIRE
Five major technological innovations form a perfect closed loop of economic, social

and commercial systems. Among them, the consensus distribution mechanism based

on DOOER, the Dopp consensus algorithm, the trust stamp TRONID, the

combination of the three mechanisms of community, node, and link, are intertwined

and closely linked to form a huge self-consistent value trust network. Can

accommodate unlimited individuals, business models. Compatible and adapt to any

trust and transaction scenarios.

Trust Stamp-TRON ID

Cooperation is the most important driving force of human civilization. Without trust,

there is no cooperation. The resistance to cooperation is a key factor affecting the

development of human society and culture. In a centralized world, how to solve the

trust problem has always been a difficult problem that cannot be fundamentally

solved.

Blockchain enables human beings to solve the trust problem through technical means

for the first time in history, which is also the core value of blockchain. The consensus

trust system established by the blockchain brings trust to its highest level, a passive

trust model. Through this kind of consensus connection, a complete community is

formed: relying on the power of all life to resist inner fear, daring to trust, and

embracing cooperation. We can understand it as a consensus agreement without trust,

an agreement of love.

TRON ID is an identification in the DOFI society, a unique transaction address, and it

maintains relationship links based on special transactions between addresses. An

ever-expanding fission promotion network has been formed, bringing DOFI users

closer together. Blockchain technology solves the trust problem and ensures the
transparency and security of benefit distribution. It is a very important part of DOFI's

design.

DOFI is the first breakthrough project that promotes multi-layered interpersonal

fission through the rules of the game, as well as profitable cash flow channels,

through blockchain technology. This new form of technology has changed the

industry rules of the existing money game through technical means, and completely

put an end to various scams in the money game. In the future, people will realize that

if the law is not enough to help them solve their problems, the answers to these

problems can be found by relying on the blockchain and the public consensus

network.

The system relies on the blockchain to satisfy the multi-level interpersonal fission for

benefit distribution and solve the trust problem. We call it the trust stamp network,

because it can brand interpersonal relationships like a stamp and prevent tampering.

Through group consensus, we no longer need to worry about trust issues.

Trust stamped structure

The entire Trust Stamp Network looks like a collection of countless pyramid

structures. Through the trust stamp system, all human relations networks become

transparent and traceable on the DOFI chain. The benefits of the expansion of

interpersonal relationships will be obtained by users in the trust stamp system. This

not only built a bridge of trust between users, but also branded a permanent

immutable stamp, that is, the trust stamp.

How many TRON ID sources are successfully activated in the DOFI chain will

produce as many trust stamp pyramids as possible. Each trust stamp pyramid can have

unlimited levels of link relationships. In other words, each TRON ID source point is

located at the top of each trust stamp pyramid. All fission relationships start from
these TRON ID sources.

This is a huge sales network. Even if we can invite everyone in the world to join our

DOFI trust stamp system, we cannot fill it up. From another perspective, this is a

never-ending promotion reward game.

Efficient production relations and distribution

mechanism-basic mining

Start and exit of mining

After an ordinary Tron public chain address is created, it needs to perform the binding

authentication of the trust stamp to become the TRON ID node identity, then invest a

certain amount of TRX, and obtain the TRON ID after 1 block confirmation.

The DOO in the mining pool address is decentralized and stored in the TRON

on-chain contract. All the assets in the address can be supervised. The smart contract

automatically allocates DOO every day according to the mining algorithm, 1 block

DOO every 30 minutes, 48 ​ ​ blocks every day, and every 180 days is a mining

cycle for capacity adjustment .

Mining quantity of each phase

Every 180 days is a mining cycle. The number of mining in the first phase is 6.3

billion, and the output in each subsequent cycle is 10% of the current remaining
volume.

TRON Scanner will scan the entire network of the DOO mining pool every 20 blocks

(that is, 60S) based on the TRON block generation time, scan the mining energy on

the chain, and dynamically adjust the threshold E according to the current newly

added base day Hashrate . When the mining pool is launched, DOFI will give a base

daily interest rate of 2%. When the new daily hash rate of the entire network is 2%,

the benchmark E value is 50%. For every 0.2% increase in daily hash rate, the E value

will increase by 10 %, on the contrary, it will be reduced by 10% for every 0.2%

weakened, and the E value range is 10%-100%.

Destroyed mining output: 49 billion pieces, output according to the following ratio

of Hashrate.

The distribution ratio of each mining algorithm is distributed in proportion to the

number of mining in each cycle, and each DOO smart contract is settled every 48

blocks.
Donation system transaction

The DOFI protocol avoids back-and-forth transactions and encourages users to

participate in the Dopp protocol. The automatic token withdrawal and combustion

mechanism is initiated; during the DOO token withdrawal process, the smart contract

automatically burns 7%, of which 2% is transferred to the black hole address, and 1%

is issued to the creation Node, the remaining 4% goes to the donation pool.

At the same time, similar to traditional FOMO tokens, token transfers are burned, and

each transaction transfer will automatically burn 3%.

DOFI agreement mechanism

The DOFI protocol mainly has four core modules, mining pool, combustion

mechanism, prize pool, and fuse. To ensure the security, stability, and scalability of

the entire agreement for these four modules, it is necessary to guarantee the agreement

from the entire underlying mechanism, as shown in the following figure:

Layer1 TRON underlying technology, Layer2 smart contract layer

 The smart contract address is completely decentralized, the funds are safe and

transparent, and the policy supervision is unimpeded;

The DOFI agreement is a 100% agreement implemented by smart contracts. The

agreement runs on the TRON chain. The contract address is open and transparent.

Anyone can query the contract details on the chain according to the contract address,

including the contract source code, on each chain. Transaction Details. As well as the

smart contract source code, the detailed information of the liquidity in the contract,

and every transaction record can be found on the chain. The security of the liquidity

provider’s funds is guaranteed. At the same time, since the protocol can be accessed

using any decentralized wallet of TRON, there is no centralized account system.

Users only need to import their own wallets into any decentralized wallet. Address,

you can use the DOFI protocol, regardless of the country, region, politics, policy

supervision and other factors. Ensure that the user's assets are 100% safe.

 Automatic operation on the chain, stable, efficient and fast;

When the DOFI protocol is deployed online, the smart contract's own logic controls

the operation of the contract, and is not affected by any external factors. This greatly

reduces maintenance costs and risks caused by maintenance. Makes the melting

storage protocol can run stably and efficiently.

 The data cannot be tampered with, and the data is impeccable;

Compared with banks, the data of fund companies are not public and opaque. You can

modify the data at will or even freeze the user's assets. All the data of the DOFI

protocol is completely open and transparent in the TRON's blockchain browser. Users

can not only view their own asset flow, but also view the funds of the entire liquidity

pool. Flow direction (saving pool, reserve pool, prize pool). The data deployed to the

smart contract cannot be tampered with, and no one, including product developers,

has the authority to modify the data, ensuring the data security is impeccable.
DOFI protocol operation logic

The DOFI agreement is a new type of decentralized financial agreement. The current

defi projects on TRON are mainly mortgage lending and decentralized exchanges. As

well as synthetic assets, the only one that uses the circuit breaker mechanism in the

stock market in defi is the DOFI protocol project, which has been valued by the

TRON Foundation since its inception. The following is a logical diagram of the

operation of the entire fusion storage mechanism:

1. A truly decentralized one, there is no capital risk, let alone political risk. To ensure

the safety of users' assets, any financial agreement only has these two points in order

to operate safely.

2. DOFI agreement liquidity income is rolled back according to different times or

accelerated by different environments, and the entire liquidity value is automatically

defoamed during the execution of the smart contract.

3. The current overall Dopp computing power output is flexibly adjusted according to

daily additions, and participation is very convenient and flexible.

4. The distribution of the prize pool is very fair. As long as you are willing, regardless

of the amount of liquidity provided or the time of participation, as long as the shared
contribution value is in the prize pool rankings, you can get rich liquidity.

5. As the value of the mining pool continues to increase, the output shrinks and the

pledge destruction continues to increase the value of DOO, making the DOO

consensus stronger and stronger.

6. Tribute donation system: 7% of each withdrawal is used to build a donation system.

7. The core risk control of the DOFI agreement-the fuse mechanism, which is mainly

to eliminate systemic risks. The mechanism continuously adjusts the balance value of

the system to ensure stability and prevent abnormal conditions in the case of

overheating and overcooling of the system. Through the market barometer, the output

is controlled to realize formula control and avoid human interference.

From the above analysis, the operation logic of the entire DOFI agreement is to take

decentralized finance as the starting point to ensure the safety of users' funds and

avoid policy risks. Anyone can participate freely. Participants only need to provide

liquidity in the smart contract. The smart contract automatically triggers the automatic

allocation of the DOO mining pool according to the mechanism. When the new

computing power reaches the risk control boundary, the smart contract automatically

triggers the fuse.

THEORETICAL BASIS

Considerations of the DOFI protocol mechanism risk model

Complex model considerations

The risks of the financial industry generally come from market risks, credit risks and

operational risks. These risks are also increasingly appearing in the growing and

prosperous financial ecosystem on the chain. The bridging of risks often indicates the

continuous spiral integration of the two worlds. The DOFI protocol is the first to

boldly try many classic probability theories, operations research theories, and modern

financial risk management models in the decentralized chain financial system. This

white paper gives a general basic model theory based on Markov The risk model of

the chain helps to test the robustness of the entire system, timely controls the key

global data of the system, and assists in formulating rate policies, moving towards a

professional on-chain modern financial risk management mechanism.

Take the new 2% computing power of the entire network to benchmark 50% of the

entire network output revenue ratio as the standard

1. Excitement: When the new computing power of the entire network is greater than

2%, the E value will increase by 10% for every 0.2% increase, and the new computing

power of the entire network will reach 3%, and the E value will increase to a

maximum of 100%;

2. Depressed mood: When the new computing power of the whole network is less

than 2%, the E value will be reduced by 10% for every 0.2% decrease, and the new

computing power of the whole network will reach 1%, and the E value will be

reduced to the lowest 10%;

In addition, the unique risk fuse mechanism and liquidity mechanism of the DOFI

agreement have a certain reference effect on extreme contract system risk, and a

model similar to the risk pool can also be established for quantitative analysis. The

following figure shows a simple model of providing DOO currency production

income during the fuse period. Assuming that the base rate of providing liquidity is

2%, the system threshold E is 50% at this time. When the system triggers the risk

control, the fuse E value is continuously reduced, and the liquidity For every 0.2%

attenuation, the E value will decrease by 10%, otherwise it will increase by 10%, and

the threshold E will fluctuate in the middle of 10%-100%.

In more complex modeling (as the scale of stablecoins on the chain and the boundary

of influence increase, financial instability factors gradually increase), the covariate is

not fixed, but changes in certain distribution characteristics over time, so In the loss

distribution model, the calculation of the conditional probability should actually take

the weighted average of the probability, and it may even need to construct a

non-homogeneous transition matrix to establish a more complex dual time series

model.

Extreme risk model considerations

VaR is an accurate, intuitive and easy-to-operate risk measurement and management

technology. It can effectively predict the maximum value fluctuation and probability

of the asset side that provides liquidity for a period of time in the future, but it needs

to follow market efficiency assumptions and assumptions Market volatility is random

(under normal market conditions), but the phenomenon of sharp peaks and thick tails,

volatility agglomeration.

(Volatility clustering) and extreme risk situations (in fact, these situations are more

frequent) need to be combined with other models or higher-order stochastic

simulation methods (such as GARCH family models and Monte Carlo simulation

methods) to further avoid underestimation The probability of occurrence of a small

probability event and a more accurate assessment of the probability of loss. As shown

in the figure, the Cauchy Distribution is a well-known fat-tailed distribution, which is

suitable for the prediction of small probability events such as financial crises, and is

different from the normal distributed.

Small Probability Events of DOFI Agreement and Cauchy Distribution

The CVaR model [20] is often used to monitor the "black swan" event (the extreme

event on the left), pointing out that the loss exceeds the average value of the VaR

condition, and it is more sensitive to the extreme risk assessment on the asset side.

Function f is the loss function, p is the distribution function of the rate of return y, and β is the

confidence level

Although the DOFI agreement contract framework tries to split the entire fund pool

into four pools: a savings pool, a reserve pool, a prize pool, and technical service fees.
However, when the risk control liquidation is triggered, in the face of such extreme

risks, their tail correlation may suddenly increase and cannot play a role in risk

diversification. For the measurement of extreme tail risks, the DOFI agreement will

establish a corresponding fit for on-chain finance. The core idea of ​ ​ the tail risk

parity model of the system is to “share” the tail risk through reasonable allocation of

the weights of the combined asset liquidity pool.

We still use VaR to reverse the tail correlation, that is, calculate the combined VaR

(VaR-implied tail correlation) through the respective VaR value and combination

weight of each asset:

ρ12 represents the degree of correlation between changes in the prices of multiple assets.

If the asset-side price changes obey the Gaussian distribution, the correlation

coefficient is equivalent to the classic Pearson Correlation Coefficient (Pearson

Correlation Coefficient). As mentioned before, VaR has limitations. In order to

accurately describe the left fat tail of the income distribution, VaR can be further

replaced with ES (Expected Shortfall, the same as CVaR) calculation method [24],

which can more effectively describe the left tail risk The mean of (conditional

expectation).

Given that the expected gap is the worst a percentage of the expected value, X ∈

Lp(F) represents future returns.

On the whole, the risk measurement model of the fusing mechanism of the DOFI

agreement will fully consider the measurement of Convergent risks (modelable and
quantifiable) and Divergent risks (not well measured), and complete the efforts to

avoid "default" and "default" in turn. A gradual risk control model that can be

quantified, "default" can be predicted, and "default" losses can be reduced. It is worth

emphasizing again that models and theories are neither right nor wrong, nor are they

static. The key is to always grasp the most essential cognition and exploration of the

crypto market and the future, establish a model and methodology, and develop a

phenomenon into Only by one direction, becoming a comprehensive field supported

by more professionals and border industries, can we continue to expand the financial

borders on the chain and bring the DOFI agreement to a new level.
TECHNOLOGY WINGS

DOFI technology is to create a fair and just blockchain world in the future, and to

solve the problems of data fan fission and slow application implementation in existing

blockchains. DOFI is equipped with a scientific system of blockchain solutions and

provides users with Participants provide the most useful and people-friendly

blockchain business application environment and tools. At the same time, DOFI

provides the underlying open source development kit, using the blockchain algorithm

and gameplay mode, with multiple sets of circulation ecological closed-loop

compatible with more project token circulation, truly providing a complete set of

blockchains that can be implemented, operated, and have practical value. Business

solutions.

Dapp

Dapp (Decentralized application) is an application that enhances modern web

applications by distributing key components on a network of peer nodes. It can be

seen in comparison with general Internet applications. Internet application users first

see the UI page, and down is the interface layer, and all the code is completed on the

infrastructure, such as database, Alibaba Cloud, etc.

The Dapp of the blockchain is similar, except that the infrastructure becomes the

blockchain, the hardware becomes the node of the miner, and the upper business layer

code becomes the smart contract, and the top layer is the specific business.

Decentralization is not an absolute description of either black or white, it has a scope.

A well-designed Dapp utilizes the existing web application foundation and key

components of the distributed application to reduce risks and ensure an excellent user
experience.

What we need to emphasize is that the middle part of the transaction will be chained,

that is, how an application is connected to the nodes of the blockchain. There are three

ways to do it.

With the help of Dapp browser (browser + external wallet), it is analogous to the use

of Paypal or Google Wallet on the Internet. Built-in a wallet in your own application

is analogous to a direct bank connection.

Pull the server in. There are often three situations that require a server:

a. Integrate third-party services;

b. As a cache engine;

c. Store bulk data storage.

Fission system implemented by Dapp

Using Dapp to implement a complete fission system can bring the following

advantages to the project:

Mitigating Single Point of Failure (SPOF)

The infrastructure that modern web applications rely on has a single point of failure.

These single points of failure include server infrastructure, code bases, databases, etc.

With high availability and reliable infrastructure.

Service providers (GCP, AWS, etc.) have emerged and made progress in mitigating

single points of failure, but as strong as Amazon, there will also be outages in early

2018, and it is difficult to avoid outages.

Dapps alleviate these problems by storing data or key components of the

infrastructure on a network of multiple peer nodes. If every participant in the network

has a copy of the data, it is difficult to lose the data.

Reduce reliance on central institutions

In software, business logic is part of the program, which encodes the actual business

rules that determine how to create, store, and change data. Business logic is

essentially a set of contracts that specify business objects such as mutual interaction,

and define how users or other objects can access and update objects.

In traditional web applications, these business logic contracts are implemented in

variable software. The software can be modified after the initial creation, and it also

runs on a private server that cannot be guaranteed to be tamper-proof and auditable.

The distributed ledger provides a way to build and execute business logic in a

tamper-proof, immutable, and fully auditable program-smart contract. Users of Dapps

using smart contracts can verify the implementation logic in the smart contract,

including checking the input, execution status, and output of the logic interaction.

Smart contracts cannot be modified at will, which can reduce trust in centralized

institutions.
Improve safety

In view of the above two points, the security of the application can be improved by

reducing the common risks in the current application architecture. More specifically,

by introducing client-side encryption, Dapp protects or encrypts certain types of

information before sending it to the application's server. Users can use their

encryption keys to directly access data without going through a data gateway (such as

a company's server or API).

Take advantage of network effects

Modern web applications can use network effects to create sticky services while

trying to get the largest market share possible. A good example is OAuth or "Login

with X". Google and Facebook can provide a coherent cross-product service, but they

are also limited by the scope of their user base and the information stored in their

private servers.

Dapp can use public ledgers and distributed storage as sources of truth. Ultimately, it

can provide identity/authentication, permission rules, and data access proportional to

all resource participants in the network.

Cryptography and distributed ledger

Some of the technologies currently in use form some of the basic building blocks of

the dApp ecosystem, allowing dApps to achieve their main goals.

Dapp technology echoes the functional and modular SDK.

Distributed data storage, it is data storage that does not need to be trusted. Data

storage solutions, such as distributed ledger (blockchain), IPFS (interplanetary file

system), Swarm, which can store data on multiple nodes.

Distributed business logic, which is to execute business logic without trust. The

aforementioned technologies such as Ethereum smart contracts can allow business

logic to be executed on a distributed ledger.

Client-side encryption is mainly for end users. Blockchain wallets, Ethereum Clef and

Parity-UI port encryption functions to the client. This allows users to encrypt or sign

data before sending it to the application's server. It also supports interaction with

distributed storage solutions and distributed ledgers.

In short, Dapp is a new design pattern. This model uses the best modern application

design and is enhanced by blockchain and peer-to-peer technology. As ideas,

resources, and innovation enter this field, it will become one of the most dynamic

ecosystems in history in the future, thereby promoting the formation of a token

economic system.

It is foreseeable that the fissionable system implemented through Dapp will definitely

help the blockchain technology to land in our lives and provide us with services in

various scenarios.

Chain business contract

According to a report by the World Economic Forum, by 2027, 10% of global GDP

will be stored through blockchain technology. Several governments have issued

blockchain-related reports. In the past two years alone, more than 500,000 blockchain

publications have been published. Searching the blockchain on Google found more
than 3.7 million results. What's more noteworthy is that this field of technology

attracts a lot of investment. Venture capital for startups continues to climb, reaching

US$1 billion in 2017. The funds raised through IC0 (a unique fundraising channel of

blockchain) have soared to more than 5 billion U.S. dollars.

However, putting aside all kinds of publicity and hype, the real application of

blockchain technology appears very thin. The blockchain market has just begun to

sprout, and there is no complete and clear business path. In this market background,

with the concept of decentralization, the DOFI chain business contract function opens

the door to a new world for the commercial application of the blockchain.

Chain business contract is DOFI's unique smart contract system in the Tron network.

Global suppliers can quickly register the payment address on the Tron chain in the

DOFI system, set the smart contract commission rate, and activate the chain business

contract. Through these smart contracts, merchants register their own payment

addresses under their trust stamp system, set the contract commission distribution

ratio, and create their own blockchain consensus sales network in one step.

Trust all TRONID users in the stencil network to consume at the merchant that

activates the chain merchant contract, then any of the seven directly connected

TRONIDs in the TRONID stencil system can get the merchant's chain merchant

contract commission.
Example 1: Allen is the merchant who has activated the chain business contract: She

sets the commission rate to 7%. If Bob purchases Allen's goods, then Bob's trust

stamp system for the 7 straight-line relationships TRONID can get 1% commission.

This design stimulates product promotion, because any TRONID who wants to

receive a commission must share the seller’s product information with the TRONID

under the trust stamp system. This is equivalent to the merchant easily having a large

sales team on a global scale. All TRONID users can use the chain business contract to

convert each TRONID in the trust stamp system into their own consumption capital.

Example 2: Allen is the merchant who has activated the chain business contract: She

sets the commission rate to 10%. Adebayo wants to get Allen's commission. Therefore,

Adebayo promoted Allen's products to all TRONIDs in his trust stamp system. When

any TRONID in Adebayo's trust stamp system consumes Allen's products, Adebayo

will receive a 1% commission, and all TRONIDs in Adebayo's trust stamp system can

be regarded as Adebayo's consumption capital.

In the practical application of DOFI chain business contract, various sales promotion

can be carried out. This is a high degree of integration between blockchain technology

and daily life. Consumers can use DOO or USDT-TRC and any TRC20 tokens to

complete consumer spending through chain business contracts. Whether it is fast food

or medical bills, we can create a unique chain business contract to complete a series of

related payments. Similarly, suppliers can also obtain a large number of consumers

through DOFI's bidding advertising function, provide customers with more

convenient services and experience, and through simple commission settings, rapid
promotion through the Trust Stamp Network. After combining other DOFI functions,

anyone can simply use existing resources to complete consumption or sales.

Virtual products are also feasible. Consumers can purchase and sell coupons and

game props directly in DOFI through chain business contracts. Regardless of the

amount of consumption, each expenditure will be accurately executed in accordance

with the contract; the relationship between supply and demand and the promotion

method are extremely clear. We will complete various types of capital circulation in a

more efficient, flexible and convenient way.

Large-scale shopping platforms can further deepen the development and application

of DOFI chain business contracts, and integrate them into the payment system of the

shopping platform. When the new user completes the registration, the corresponding

chain merchant contract payment address will be generated. Compared with

traditional shopping platforms, this is a very disruptive blockchain industry practice,

because it converts every newly added user into a marketing and promotion force.

The chain business contract constitutes a decentralized business model of value

sharing by planting each TRONID and the interpersonal relationship under its trust

stamp system. Any merchant can mobilize the enthusiasm for promotion of each

TRONID through the commission distribution setting of the smart contract under the

decentralized situation, relying on the trust relationship established in the blockchain.

TRONIDs share the sales commissions obtained from the goods or services, help

merchants to obtain a steady stream of customers, and promote the sales of goods or

services. High-quality products will receive greater promotion and increase product

sales, which will also subvert the existing centralized business thinking. Each

TRONID will establish its own business ecosystem through DOFI, and redraw the

blueprint of the global business empire with decentralized thinking.

Easy-to-deploy fission fission system

What is a fission system

The term fission is derived from the concept of nuclear fission in physics. A common

fission scheme is to bombard the uranium 235 nucleus with a high-speed moving

neutron, thereby splitting it into two lighter nuclei and 2 to 3 high-energy neutrons.

These neutrons will hit the nearby uranium 235 atomic nucleus, and the fission

reaction will continue, which is a chain reaction.

In the WeChat business ecosystem in recent years, fission has been used by marketing

groups to describe the process of doubling fans and doubling sales. When we discuss

the fission model, it is nothing more than discussing these three aspects:

 How important are seed users

 How to increase the fission factor

 What is the rate of fission?

Here we propose a formula to estimate the fission effect:

In this part:

A is the number of seed users, B is the fission factor, C is the current round t is the

round when new content appears, a larger t indicates a faster fission speed C<T: T=0

C>=T: T=C-t

From this, the first conclusion can be drawn. Since the increment of the number of

comparison seed users in the C round is a monotonically increasing function of A, it is

said that the stock (seed users) is increased. It is no exaggeration to say that the

number of seed users is the first decisive factor for the success of fission.

Therefore, we designed a series of operations in Dapp to amplify the fission effect:

 Invite players to participate in TRX energy injection to get additional rewards;

 PK mechanism rapidly fission more users

 Drive users to invite more users to join the group and get more native tokens in

Dapp

 Invite other users to join your team, and team members will grow up and give

Team bonuses

Therefore, the first level above invites new users for old users and continuously

increases the base of seed users. The second layer is for old users to recall new users,

all in order to maximize the incremental effect of seed users.

The second conclusion is that the fission factor is the key factor for the success of

fission. The fission factor is simply the number of new users that a user can bring.

Among the unfavorable factors affecting the fission factor are:

 Operation difficulty

 Operation complexity
 Need to pay

Therefore, the operations we need to do in Dapp design are:

 Benefit-driven: increase the value of fission rewards

 Benefit-driven: large-scale display of prizes, recording on the chain,

announcement broadcast

 Reduce operation complexity: each step only gives the user one main operation

key, and the main entrance of the fission invitation button is on the necessary path

after the nuclear explosion.

 Profit-driven: Invite friends interface to show the benefits of inviting friends at

the same time

The third conclusion based on the above formula is that the fission speed is the fuel

pump for successful fission. In any system, the user's attention will have a specific

decay curve. A well-designed product has a lagging curve. In the case of setting a

certain fission target, we need to increase the fission speed. Therefore, we have to

analyze how to make a user fission faster and attract more users.

Our design idea is:

1) Improve Dapp's exposure to users

2) In the core link, without affecting the user experience, the sooner the fission action

appears, the better

3) Promote large-scale cooperative communities, link capital institutions, and

establish strong consensus

4) Joining groups within Dapp is not permanent. Therefore, users need to log in

periodically
5) Dapp games to increase the sense of participation

In summary, there are three design ideas for the fission system of the GeekChain

project:

Seed users: try to increase the participation ratio of seed users through execution and

game mechanisms, and encourage old users to participate

Fission factor: Benefits/social currency/self-shaping can increase the fission factor,

while the difficulty of operation/operation complexity/need to pay will reduce the

fission factor

Fission speed: It can be improved by the following ways: the fission link appears as

soon as possible in the core link, the game mechanism increases the chance of fission,

and the time limit is used to speed up the user's action.

SDK to reduce development difficulty

The design ideas of modular functional components can bring obvious benefits to a

growing project. Especially for a public chain project, the difficulty of development is

compared to "like fueling an airplane in flight." Therefore, a functionally modular and

pluggable design framework can provide support for future projects to be upgraded

according to the roadmap, and reduce the possibility of hard forks.

This project uses a high-level architecture based on Asimov (Asimov architecture)

and consists of 6 modular components, which can be divided into 3 parts:

6 modular components

 Unified storage

 File (IPFS, Interplanetary File System)

 Database (OrbitDB)
 Data scarcity

 Identity (public key encryption)

 Assets (TRC 20 form)

3 parts

 Portable computing

 Private and trusted (Wasm and JS system)

 Public ownership does not need to be trusted (Tron and layer2)

Running through these architectures are two vertical second-order modules, which

rely on the three core domain functions mentioned earlier. The two second-order

modules are:

 Encryption

 Function as a service

Most end users will not be able to use routing supported by encryption technology
locally for a period of time. In order to bridge this gap, the Asimov architecture we

adopted uses the public DNS infrastructure as a bridge for backward compatibility.

Combined with the high-throughput cross-chain protocol technical solution discussed

in the previous section, we have combined the Asimov architecture of this case and

the blockchain cross-chain service infrastructure, and created an original SDK

(software development kit) on the application development interface to support

landing applications. For chain developers, it is easier to create application-specific

chains for their respective service architectures, and publish their own application

logic on the chain through a series of toolkits. At the same time, our cross-chain

infrastructure can support the services of these specific application chains to be

consumed across chains.

Therefore, through the flexible SDK + cross-chain infrastructure solution, we can not

only realize the cross-chain transfer of tokens, but more importantly, support data and

complex calculations that can be consumed across heterogeneous networks. It is often

said that in the era of big data, the era of Industry 4.0, data generates value. In fact,

static data cannot generate value. Only when the data can complete the confirmation

of rights, protect the privacy, and truly circulate, the flowing data can truly create

value in the right place. Our technical solution cross-chain service infrastructure +

SDK is particularly important, and their combination allows each application chain to

complete the extension of value and service.

BIG EVENT

Development history

2020

05 The establishment of a decentralized financial promotion group

07 Refer to YFI to establish a decentralized and all-ecological future currency

network plan

09 Preliminary construction of product concept and logic

2021

01 Selected the TRON mainnet to start the development of the underlying

architecture

05 DOFI agreement confirmed

07 Product architecture construction

08 Technical framework completed

09 Ecological Achievement The project is officially defined as the DOFI

agreement / synchronized global launch

10 Ecological consensus is further strengthened / chain business contract is

initiated

12 Build an NFT trading platform / Simultaneously launch DOFI exclusive

community tokens
2022

Upgrade TRON's underlying framework

Develop the DOFI commercial chain

The legend continues

Exchange whitelist

Half of the revenue of community operators is used for community construction,

media promotion, technical maintenance, and the launch of exchanges.

The application to be listed

The holding address reaches
on the exchange

> 20,000 Mxc

> 40,000 Coinw

> 60,000 ZB

> 80,000 Gate

> 120,000 Okex

> 180,000 Huobi

> 250,000 Binance

DISCLAIMER

DOFI is a large-scale social experiment project implemented by Geeks Without

Borders. This white paper is organized by DOFI enthusiasts according to their project

ideas and technical principles into a book for reference by the project party, or for

communication and academic research among enthusiasts. Constitute any investment

advice. We do not make promises and guarantees for the completeness and trend

judgment of the content. Existing analysis does not represent future performance. Any

investment behavior may cause asset losses; anyone makes investment decisions

based on this at his own risk.

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