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  1. Engineering
  2. Smart Contracts
  3. LeverageX

LLPToken

The LLPToken contract is designed for managing LeverageX LP (LLP) tokens. It integrates upgradeable capabilities and access control mechanisms for minting and burning tokens, essential for leveraged trading systems.

Key Features

• Mintable & Burnable Tokens: Dynamically mint and burn LLP tokens as needed.

• Upgradeable Architecture: Built using OpenZeppelin’s proxy upgradeable framework.

• Access Control: Minting permissions restricted to a designated borrowing provider.

Core Functionalities

Initialization

• The contract initializes the LLP token with the name “LeverageX LP” and symbol “LLP”.

• Ensures upgradeability by following OpenZeppelin’s recommended practices.

Borrowing Provider

• Set Borrowing Provider:

Allows the contract owner to assign or update the borrowing provider, the entity authorized to mint LLP tokens.

• Access Control:

Includes a modifier to restrict certain functions to the borrowing provider only.

Minting Tokens

• Mint Tokens:

Enables the borrowing provider to mint LLP tokens for a specified account and amount.

Last updated 5 months ago

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