Smart Contract

Protocol Overview

The RYT system operates through smart contracts deployed on blockchain infrastructure, collectively referred to as the Protocol. These smart contracts automate and secure key functions including token minting and burning, transfer recording and validation, and redemption processing coordination.

The Protocol is designed for transparency and efficiency. All token movements are recorded on the blockchain, providing an immutable and publicly verifiable record of RYT holdings and transactions.

Core Functionality

The Protocol implements three primary functions that form the foundation of the RYT ecosystem.

Token minting occurs when the Company acquires underlying shares for a tokenholder's account. The Protocol creates new RYTs and assigns them to the designated wallet address while establishing the unique mapping to the corresponding Underlying Fund Token provided by Libeara. This process ensures perfect synchronization between on-chain tokens and underlying fund positions.

Token transfers enable tokenholders to move RYTs between blockchain addresses using standard transaction mechanisms. The Protocol validates and records each transfer on the blockchain. These transfers occur seamlessly while the Company's internal register is updated following completion of necessary verification procedures.

Token burning implements the redemption process. When a tokenholder initiates redemption, the Protocol locks the specified tokens to prevent further transfer. Following receipt of redemption proceeds from the Underlying Fund, the locked tokens are permanently removed from circulation. This ensures the total RYT supply always corresponds to the underlying shares held by the Company.

Technical Infrastructure

The Protocol leverages established blockchain networks providing proven security and reliability. The smart contracts are designed with attention to security best practices and undergo thorough testing before deployment.

The Protocol interfaces with compatible digital wallets supporting the relevant token standard. Tokenholders can choose from a variety of wallet options including hardware wallets, software wallets, and institutional custody solutions based on their preferences and security requirements.

Integration with Token Ecosystem

The Protocol integrates with infrastructure provided by Libeara, which tokenizes the underlying fund shares. This integration creates a seamless connection between the RYT layer accessible to tokenholders and the underlying fund positions held with Standard Chartered Bank.

The multi-layer architecture provides clear separation of concerns while maintaining operational efficiency. Tokenholders interact with RYTs through the Protocol, while the underlying fund operations proceed through traditional institutional channels managed by Huaxia Fund Management and Standard Chartered Bank.

Blockchain Transparency

All RYT transactions are recorded on the blockchain and can be verified through blockchain explorers. This transparency enables tokenholders to independently confirm their holdings, review transaction history, and audit the total token supply.

The Company publishes smart contract addresses and provides guidance on using blockchain tools to verify holdings and transactions. This approach combines the efficiency of digital infrastructure with the transparency expected in institutional-grade investment products.

Ongoing Development

The Company monitors technological developments in blockchain infrastructure and may implement enhancements to the Protocol over time. Any updates are carefully planned and communicated to ensure continuity of service and protection of tokenholder interests.

The modular architecture of the RYT system allows for technological improvements while maintaining the core value proposition of efficient access to underlying fund investments.

Contract Deployment

Contract addresses are displayed below, and security audit details are available upon request.

Ethereum:

Polygon:

Arbitrum:

Conflux:

Solana: