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Description
RTC/ERG Trading Pair — Spectrum DEX Integration
Enable real price discovery for RTC by creating a trading pair with ERG on Spectrum Finance (Ergo DEX).
Background
RustChain already has Ergo integration:
- Private Ergo chain running at 50.28.86.131
- Miner attestations anchored to Ergo blocks
- ERG has real USD value (~$1.50)
Requirements
1. Token Issuance on Ergo
- Issue RTC as an Ergo native token
- 1:1 backing with RustChain RTC
- Mint contract that verifies RustChain balance
2. Bridge Contract
- Lock RTC on RustChain → Mint eRTC on Ergo
- Burn eRTC on Ergo → Unlock RTC on RustChain
- Simple 2-of-3 multisig or threshold signature
3. Spectrum DEX Pool
- Create RTC/ERG liquidity pool on https://app.spectrum.fi
- Initial liquidity: ~1,000 RTC + equivalent ERG
- Set initial price: 1 RTC = 0.067 ERG (~$0.10 at $1.50/ERG)
4. Documentation
- How to bridge RTC ↔ eRTC
- How to trade on Spectrum
- Liquidity provider guide
Technical Notes
Ergo token issuance uses EIP-4 standard:
{
"name": "RustChain Token",
"symbol": "RTC",
"decimals": 6,
"description": "Bridged RTC from RustChain PoA network"
}Spectrum pool creation requires:
- Token ID for RTC
- Initial ERG deposit
- Pool creation transaction
Bounty: 150 RTC (~$15)
Milestones:
- Token issuance contract (50 RTC)
- Bridge contract + UI (50 RTC)
- Spectrum pool live + docs (50 RTC)
Resources
- Spectrum Finance: https://spectrum.fi
- Ergo Token Minting: https://docs.ergoplatform.com/dev/tokens/
- RustChain Ergo Anchor: See
/root/rustchain/ergo_miner_anchor.py
Real liquidity for real hardware mining 🦀💱
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