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[Milestone 1 Submission]: Interest Rate Swaps (IRS) #15

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Edoumou opened this issue Mar 30, 2024 · 0 comments
Open

[Milestone 1 Submission]: Interest Rate Swaps (IRS) #15

Edoumou opened this issue Mar 30, 2024 · 0 comments

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@Edoumou
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Edoumou commented Mar 30, 2024

Project title

Interest Rate Swaps

Link to grant application issue

#1

Milestone submission

Milestone Number: 1

Milestone Summary:
Project Setup, choice of framework (hardhat probably), start modelling Interest Rate Swaps. Implement the ERC-7586, the standard interface for IRS, IRS token issuance.

Milestone Timeframe: 1 week

Link to the open-source code/delivery

https://github.com/Edoumou/T-Grant

License

APACHE2

Any additional information

We will consider two entities that have issued bonds to enter into IRS contracts to exchange fixed and floating interest rates. Therefore, We will use the previous Grant project on financial bonds in order to issue bonds, and implement the IRS swap on top of it, making the full process more complete than if each part was implemented separately.

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