Work Package #2

Name

WP2 — Gateway & RCP Issuance

High-Level Description

This work package implements the protocol gateway — the entry point through which capital is on-ramped into the hub-network system — and the issuance mechanism for Revenue Participation Certificates (RCPs). The gateway operates at the hub-network level and accepts initial funding in ADA. Upon receipt, it triggers the issuance of RCPs to funders, representing structured claims on a defined fraction of future network surplus. This work package covers the on-chain smart contract implementation on Cardano, the off-chain coordination service, and the funder-facing interface. RCPs are the core financial instrument of the protocol: non-equity, revenue-linked, capped-return contracts backed by real economic activity aggregated across hubs and teams.

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Core Objectives

• Implement the hub-network-level gateway contract on Cardano, capable of receiving ADA deposits and triggering RCP issuance.
• Implement the RCP issuance mechanism, producing verifiable on-chain certificates scoped to a specific hub-network and funding event.
• Define and enforce the return cap and revenue participation fraction (lambda) at the contract level.
• Build the off-chain coordination service that manages gateway state, monitors deposits, and initiates issuance transactions.
• Deliver a minimal funder interface for on-ramping, certificate visibility, and balance inspection.
• Ensure gateway and issuance logic is auditable and traceable to specific funding events and hub-network instances.

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Expected Value — Why does this matter to Cardano?

The gateway is where external capital enters the protocol and where trust in the system is first established. A correctly implemented, auditable gateway with well-structured RCP issuance creates the conditions for repeatable, scalable funding cycles. For Cardano, this demonstrates a novel use of native assets and smart contracts for revenue-linked financial instruments operating at ecosystem scale — distinct from existing DeFi patterns.

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Success Metrics

• Gateway contract deployed on Cardano testnet and mainnet, passing full test suite.
• RCPs successfully issued to at least one funder in a live end-to-end test on testnet.
• Return cap and lambda parameter correctly enforced in contract logic, verified by independent review.
• Off-chain coordination service operational with documented API.
• Funder interface functional for deposit, certificate viewing, and status inspection.

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Initiative Type

[x] New initiative

Primary Nature of Work

[x] Technical

Milestones

Milestone #1

Milestone #2

Milestone #3

Budget Breakdown — Work Package #2

Supporting Materials

[To be added]