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decentralized_reserve.py
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import json
import logging
from web3 import Web3
import requests
# Configure logging
logging.basicConfig(level=logging.INFO, format='%(asctime)s - %(levelname)s - %(message)s')
class DecentralizedReserve:
def __init__(self, blockchain_url, contract_address):
self.blockchain_url = blockchain_url
self.contract_address = contract_address
self.web3 = Web3(Web3.HTTPProvider(blockchain_url))
self.reserve_balance = 0
self.governance_address = None # Address allowed to make reserve adjustments
def set_governance_address(self, address):
"""Set the governance address for reserve management."""
self.governance_address = address
logging.info(f"Governance address set to: {address}")
def fetch_reserve_balance(self):
"""Fetch the current reserve balance from the blockchain."""
try:
contract = self.web3.eth.contract(address=self.contract_address, abi=self.get_contract_abi())
self.reserve_balance = contract.functions.getReserveBalance().call()
logging.info(f"Current reserve balance: {self.reserve_balance}")
except Exception as e:
logging.error(f"Error fetching reserve balance: {e}")
def adjust_reserve(self, amount):
"""Adjust the reserve balance by a specified amount."""
if self.web3.eth.defaultAccount != self.governance_address:
logging.error("Unauthorized: Only the governance address can adjust the reserve.")
return
try:
contract = self.web3.eth.contract(address=self.contract_address, abi=self.get_contract_abi())
tx_hash = contract.functions.adjustReserve(amount).transact({'from': self.web3.eth.defaultAccount})
self.web3.eth.waitForTransactionReceipt(tx_hash)
self.reserve_balance += amount
logging.info(f"Reserve adjusted by {amount}. New reserve balance: {self.reserve_balance}")
except Exception as e:
logging.error(f"Error adjusting reserve: {e}")
def execute_transaction(self, recipient, amount):
"""Execute a transaction to transfer assets from the reserve."""
if amount > self.reserve_balance:
logging.error("Insufficient reserve balance for transaction.")
return
try:
contract = self.web3.eth.contract(address=self.contract_address, abi=self.get_contract_abi())
tx_hash = contract.functions.transfer(recipient, amount).transact({'from': self.web3.eth.defaultAccount})
self.web3.eth.waitForTransactionReceipt(tx_hash)
self.reserve_balance -= amount
logging.info(f"Transferred {amount} to {recipient}. New reserve balance: {self.reserve_balance}")
except Exception as e:
logging.error(f"Error executing transaction: {e}")
def get_contract_abi(self):
"""Retrieve the ABI for the smart contract (placeholder)."""
# In a real implementation, you would load the ABI from a file or a service
return [
{
"constant": True,
"inputs": [],
"name": "getReserveBalance",
"outputs": [{"name": "", "type": "uint256"}],
"payable": False,
"stateMutability": "view",
"type": "function"
},
{
"constant": False,
"inputs": [{"name": "amount", "type": "int256"}],
"name": "adjustReserve",
"outputs": [],
"payable": False,
"stateMutability": "nonpayable",
"type": "function"
},
{
"constant": False,
"inputs": [{"name": "recipient", "type": "address"}, {"name": "amount", "type": "uint256"}],
"name": "transfer",
"outputs": [],
"payable": False,
"stateMutability": "nonpayable",
"type": "function"
}
]
def run(self):
"""Main loop for reserve management."""
while True:
self.fetch_reserve_balance()
# Additional logic for reserve management can be added here
# For example, automatic adjustments based on market conditions
time.sleep(60) # Wait for a minute before the next iteration
if __name__ == "__main__":
# Example usage
blockchain_url = "https://your-blockchain-node-url"
contract_address = "0xYourSmartContractAddress"
decentralized_reserve = DecentralizedReserve(blockchain_url, contract_address)
decentralized_reserve.set_governance_address("0xYourGovernanceAddress")
decentralized_reserve.run()