Smart Contract Infrastructure

Smart Contract Infrastructure

Bitance is built entirely on smart contracts deployed on the BNB Smart Chain (BSC), ensuring all core functions are transparent, verifiable, and non-custodial. The protocol’s architecture is modular, allowing for future upgrades and integrations without compromising decentralization or user security.

Core Contract Modules:

• Collateral Vault Contract Manages the deposit, tracking, and liquidation of collateralized assets. Each user vault is an isolated smart contract instance with its own health factor and collateral ratio logic.

• BUSDX Minting Engine Executes the minting and burning of BUSDX based on real-time asset value. Validates collateral ratios using oracle feeds and enforces minimum thresholds.

• Liquidation Module Monitors vaults in real time. When the Health Factor drops below 1.0, the module triggers partial liquidation of collateral via integrated DEX swap functions.

• Redemption Module Enables users to return BUSDX and retrieve underlying collateral. Includes fee calculation logic and verifies available liquidity before processing.

• Governance Contract Manages on-chain voting, proposal creation, and execution of approved governance decisions. Fully compatible with BTNC staking and delegation mechanisms.

• Treasury & Distribution Contract Collects protocol revenue and redistributes it based on governance-approved rules. Supports flexible routing for rewards, grants, and LP incentives.

This layered architecture ensures robust isolation between protocol functions, enhanced upgradability, and minimized systemic risk.