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Bank of Staked

a self-serve CPU&NET Vending Machine

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About

Bank of Staked is an EOS smart contract aiming to provide cheap CPU&NET lease to both EOS users and developers. This contract is build by EOSLaoMao Team.

Bank of Staked is now live on EOS Mainnet providing 1 free emergency plan and 3 paid plans. With 20+ block producers providing free creditors, free emergency plan is now able to servce 20K EOS accounts simultaneously.

Check it out: https://eoslaomao.com/bankofstaked

For more details, check announcement here: https://steemit.com/eos/@eoslaomao/announcing-bankofstaked-a-self-serve-cpu-and-net-resource-vending-machine-supported-by-block-producers

Design

The user experience Bank of Staked wants to achieve is that any account could get CPU&NET delegated automatically through a simple transfer, no more action needed. And the undelegate process will also be triggered automatically.

The main logic of Bank of Staked are realized through the following three tables:

1. Plan Table

Plan table holds all available plans user can choose, main fields are:

price			asset; //plan price
cpu			asset; // delegated cpu this plan offers.
net			asset; // delegated net this plan offers.
duration		unit64; //the period of time service gonna last, in minutes.
is_free			uint64; //free plan or not, if is_free is 1, order will be auto refunded.
...

2. Creditor Table

Creditors are the actual accounts who delegate and undelegate. When a valid transfer happens, the contract will try to find active creditor to do an auto delegation using that creditor account.

account			account_name;
is_active		uint64;
...

is_active indicates if this creditor is ready to serve new orders.

in production, you should always have creditors shifting like X days in a roll(X depends on plans it provide), so that non-active creditors have enough time to get their undelegated token back.

3. Order Table

Order table consists of active order records, by active, it means these orders are not expired.

buyer				account_name;
creditor			account_name;
beneficiary			account_name;
cpu_staked			asset;
net_staked			asset;
expire_at			uint64;
...

buyer is the account who did the actual transfer in the first place, if any refund happens, token will be refunded to buyer account also.

beneficiary is the actual account who get cpu and net delegated. buyer can specify this account in transfer memo if he/she like.

creditor is the account who did delegation.

cpu_staked and net_staked is CPU&NET delegated in this order.

expire_at is when this order will expire. After order expired, order record will be deleted from Order Table.

There are also several other tables facilitating this contract. such as,

freelock table, used to lock free plan for each account for 24 hours.

history table, used to store meta data of deleted expired order.

blacklist, used to blacklist certain account from using bankofstaked contract.

Process

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A smart contract to enable CPU&NET leasing on EOS

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