User Interface - Rough Notes

[chrishobcroft]

Buy Side UI

MVP

So, I'm thinking about a UI which automatically displays the following (without entering any information):

• A list all open sell orders from all seller accounts, showing the information in the original post.

  • Ability to sort by each of the columns (I understand that this is best done in the UI)

• A button against each sell order, which is a buyer clicks, it takes them through the process of submitting the transaction(s) required to fill the order (approve and commitToBuyLpt).

• A view which shows a buyer the orders which they have filled, and which are pending delivery, and how long until they are delivered.

  • If an order has gone past deliveredByBlock, display a button to help them claimCollateralAndPayment

Also, perhaps a "refresh all" button, which updates the full list.

Price *	Block	LPT	DAI	Collateral	% Collateral †
8.1159	7807680	34.5	280	28	10%
8.0000	7807280	250	2000	300	15%
8.2000	7808000	2000	16400	4100	25%
8.0000	7791000	1	8	1	12.5%

* Price = DAI ÷ LPT
† % Collateral = Collateral ÷ DAI

Future Iterations

• Sell my order: Create a way for buyers to sell the orders that they have bought

  • e.g. if a buyer has filled an order and the delivery date is in 4 days, create an easy process to allow them to create a sell order to promise to sell the LPT that they expect to receive within 5 days.
  • It would need to be designed in a way to allow people to keep track of which orders they are stringing together.
  • This could be very interesting to experiment with.

• Approve more: A way for them to approve a large amount of DAI, so that they don't need to approve every time they want to fill an order.

• MakerDAO integration: Perhaps some integration with MakerDAO's CDPs.

  • If a buyer has no DAI - they can create a CDP to lock up some ETH and receive DAI
  • They can use this to purchase LPT
  • Perhaps they can also sell the LPT+inflation for DAI to pay off their CDP, and come out with a profit
  • The UI would also probably have some way of comparing the cost of the CDP with the return from the LPT - but let's not get ahead of ourselves.
  • This could be very interesting to experiment with.

There's also obviously the option to create a Buy Order, which a seller can fill.

Sell Side UI

MVP

I'm imagining something simple which automatically displays the following (without entering any information):

• A list all open sell orders created by them, showing the information as per the above in Sell Side.

  • Ability to sort by each of the columns (I understand that this is best done in the UI)

• Display a button against each to either:

  • Fulfil: if the order has been filled - which calls approve and fulfillSellOrder
  • Cancel: if the order has not been filled - which calls cancelLptSellOrder

• A ticket to create a new LptSellOrder

Future Iterations

• Display Bonded Stake: show the seller how many LPT they have bonded, and also what the return is they are getting in:
  • LPT - based on the inflation rate, and the reward cut of the Transcoder they're bonded to
  • ETH - based on the fees being taken by their Transcoder, and the fee share.