AceTime Manager

The "AceTime Manager" is a smart contract responsible for minting and burning AceTime tokens.

Methods

convert

Calculate amount of AceByte tokens required to mint the specified amount of AceTime tokens of the given type (e.g. multimedia or audio)

mint

Mint AceTime tokens and burn the corresponding amount of AceByte tokens (depends on the current traffic consuption level).

burn

Burn AceTime tokens and mint the corresponding amount of AceByte tokens (depends on the current traffic consuption level).

Pseudocode

class AceTimeManager:

    def convert(self, trafficType, amount):
        """Calculate amount of AceByte tokens required to mint one AceTime token
        of the specified type (e.g. multimedia or audio)"""
        return amount * RateManager.trafficRate(trafficType) / 100

    def mint(self, account, trafficType, amount):
        # Burn AceByte
        account.xab -= self.convert(trafficType, amount)
        # Mint AceTime
        account.xat += amount

    def burn(self, account, trafficType, amount):
        # Burn AceTime
        account.xat -= amount
        # Mint AceByte
        account.xab += self.convert(trafficType, amount)