Exchange & Remittance Layer

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Execute worldwide transactions, gain access to Asdra Stable Tokens, and generate revenue through spreads, remittances, and transaction fees.

Exchange & Remittance Layer Features
Oracle connector
Oracle Connector is a security feature and tool that allows Asdra Protocol to retrieve real financial data. The oracle ensures that new quotes propagated by oracles are adopted by the system only after a certain delay. 
It also combines quotes from multiple sources to ensure that the quote is consistent and that in the event of a hack by a data provider or a temporary interruption in the flow of data, the real-time quote does not suffer from inconsistency.
To ensure real-time accuracy of Stable Tokens values and transfers, Asdra uses Oracle to maintain and validate quotes in the Exchange and Remittance Layer.
Retrieve and compare exchange rate 
Asdra's asset-backed smart contracts interacts with Oracle Connector to facilitate the process of calculating the best exchange rate available in the market. A private API infrastructure network connected to financial institutions allow the system to analyze exchange rates among competing exchange operators in real time.
Using the Asdra Collateralized Tokens, Asdra offers its users the best possible rate.
Swap multiple currencies token 
Asdra Protocol is designed to support 180 FIAT currencies issued by governments by default. Asdra Stable Token Smart Contracts define each FIAT currency as the equivalent of Asdra Stable Tokens, such as AsdraUSD, AsdraEUR, AsdraCNY, etc.
The Exchange & Remittance Layer takes advantage of Asdra FIAT pegged currencies, allowing multiple currencies to be exchanged without restrictions, as well as the flexibility to hold and use Asdra Stable Tokens in DeFi services.
Issue mint & burn tokens to vault layer
In preparation for large transaction volumes, Exchange & Remittance Layer examines the liquidity of the vault, determines whether it is the best method for transferring funds between currencies, and also calculates the cost average for each currency.
As Vault Layer provides liquidity to the entire ecosystem, the exchange and Remittance Layer continuously calculates the cost-average prices of existing reserve assets while providing liquidity by minting new Stable Tokens and maintaining stability by burning them.
Blockchain connector
Money transfers between Asdra users using the same Asdra Stable Token currency go through the Ledger Layer. Transactions between users who wish to transfer money out of the Asdra protocol, or transactions involving an exchange of one currency for another, are processed through the blockchain. The protocol is designed to automatically select which blockchain to use based on region, transaction fees, and current liquidity.
Stable tokens issued by Asdra support multiple blockchains by default. As a result, the Blockchain Connector facilitates connectivity between all blockchains that make up the Asdra Ecosystem, and new blockchains are constantly added to the ecosystem managed by the governance.
Conclusion: global transactions
Global transactions are completed by the user within seconds. The Exchange & Remittance Layer facilitates the transfer of funds between currencies. Once the funds are transferred, they can be withdrawn by the recipient. The Asdra app allows users to send money to their family members. In this case, the family members can choose to withdraw the money through a variety of withdrawal options or store the money electronically in Asdra App.
For global transactions, the user has the option to transfer the same currency to the recipient or exchange it for the recipient's local currency. Once the exchange is initiated, the Exchange & Remittance Layer will deposit the funds directly into the recipient's account. The funds can remain in the recipient's wallet or they can be withdrawn from a currency exchange business partner, a currency exchange shop in a retail store or through the A2P network (our vision of a peer-to-peer network).

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Vault & Tokens Layer

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Outline

Oracle connector

Retrieve and compare exchange rate

Swap multiple currencies token

Issue mint & burn tokens to vault layer

Blockchain connector

Conclusion: global transactions