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Unlockd NFT Custody

Note: For extended documentation, please refer to /docs

Architecture

nft-custody-architecture

Definitions

Delegation Wallet: a set of 3 smart contracts (A Safe smart contract wallet, a DelegationOwner and a DelegationGuard) working together to provide delegation and lock functionalities

DelegationOwner: a smart contract that is set as one of the owners of the Safe wallet, it contains the logic related to delegations, locks and using delegated NFTs.

DelegationGuard: a smart contract that is set as the guard of the Safe, it contains the logic that freezes the NFT and some Safe configuration

To freeze a NFT: to not allow it to be transferred out of the wallet.

To Delegate a NFT, is to give permission to a given account to execute some functions or sign off-chain messages like if it were the owner of the NFT until an end date. It freezes the NFT until the pre-established delegation end date, after that date is automatically un-freezed. This is used for use cases like rentals, where we give temporary usage of the asset to an address.

  • An NFT can only be delegated by the delegation controller.
  • An NFT can only be delegated to 1 address at a time.

Locking a NFT freezes the asset until it is unlocked, at any moment, there is no pre-established end date (e.g. the borrower pays back the loan) or claimed after a specified claim date (e.g. the lender claims the collateral asset of a defaulted loan). The Lock only ensures the asset will remain in the wallet/escrow for a time, there’s no delegation.

  • The asset is unfrozen ONLY when it is UNLOCKED.
  • An NFT can only be locked by the lock controller.
  • An NFT can only be claimed by the lock controller if it is locked and it is not delegated or the claimDate is passed.

To Claim a NFT is to transfer it out of the safe to a given receiver, it is allowed if the asset is locked and the claim date is passed.

Claim date = loan expiry

Lock and Delegation Rules

R#1 - When delegating a locked NFT, the delegation end date should be LTE the lock claim date.

R#2 - When locking a delegated NFT, the lock claim date should be GTE delegation endDate

R#1 and R#2 ensure that a delegation will always end before or at the lock claim date.

Audit Reports

Halborn

Installation

Having issues? See the troubleshooting section.

First run the command below to get foundryup, the Foundry toolchain installer:

curl -L https://foundry.paradigm.xyz | bash

If you do not want to use the redirect, feel free to manually download the foundryup installation script from here.

Then, run foundryup in a new terminal session or after reloading your PATH.

Other ways to use foundryup, and other documentation, can be found here. Happy forging!

Install dependencies

Yarn

yarn install

Forge

forge install

Run tests

Create an .env file using .env.example as template, then run

yarn test:all

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