Own Protocol

Own is a permissionless protocol for fully collateralized Total Return Swaps (Equity Swap), enabling synthetic exposure to stocks onchain. Think of Maker DAO or Uniswap but for creating synthetic stocks permissionlessly & traded as native ERC20 tokens.

The protocol creates a market where users gain exposure to stock performance by paying a floating interest rate, while liquidity providers earn this interest in exchange for offering that exposure. As default market makers, LPs can also earn from trading activity. Since the protocol is fully collateralized, LPs take no directional risk, enabling delta-neutral strategies.

Contract Architecture

Core Components

• AssetPool: Manages user positions, deposits, redemptions, and user collateral requirements
• PoolCycleManager: Handles pool rebalancing and interest rate calculations.
• PoolLiquidityManager: Manages LP positions, LP collateral & liquidations and ensures system solvency
• xToken: ERC20-compliant token representing synthetic exposure to the underlying asset
• PoolStrategy: Defines economic parameters including interest rates, collateral ratios, and fees

Oracle & Price Feed

• AssetOracle: Provides price data for the underlying assets using Chainlink Functions

Factory & Registry

• AssetPoolFactory: Creates new asset pools for different real-world assets
• ProtocolRegistry: Tracks verified protocol contracts for security and discoverability

Asset Pool Factory (Base Sepolia)

Contract	Address
AssetPoolFactory	0x59409659e34158244AF69c3E3aE15Ded8bA941A4

Implementation Contract Addresses (Base Sepolia)

Contract	Address
AssetPool	0x63a0Bc7cf9603f5D3bcAE4C35500526a72A790AE
PoolCylceManager	0x3B10A2343fFC0C452AeE1580fBcFB27cA05572f1
PoolLiquidityManager	0xACdf42f5A525EF0a0E3D749d6000471cf1100a81
ProtocolRegistry	0x811Ad5f758DB53d8dD3B18890a0cfe5a389e3C72

Strategy Contract Addresses (Base Sepolia)

Contract	Address
Strategy A	0x1D89e11a80d08323B86377f56Ff2de9B07cf6045
Strategy B	0xD0aD5937B8365C90404145FFEc361b2C817B0c52

Strategy A - To be used for low volatility assets. It has lower lp collateral requirements.
Strategy B - To be used for high volatility assets. It has higher lp collateral requirements.

Test Pool & Oracle Contract Addresses (Base Sepolia)

TSLA	Address
Pool	0x9c66076401E5008E4BE2FAB3d013e5A257AAc102
Oracle	0xF2fF3c044fEEDA0FE91A65ba3f056d7D81E6c6dc

Deploy & Create Commands

Create New Oracle

forge script script/CreateAssetOracle.s.sol:CreateAssetOracleScript \
    --rpc-url base_sepolia --broadcast --verify

Create New Pool

forge script script/CreateAssetPool.s.sol:CreatePoolScript \
    --rpc-url base_sepolia --broadcast

Checkout docs for more details