About Edma
What EDMA is
EDMA is an Ethereum Layer-2 built for the real economy. It turns real-world events—production, inspection, loading, customs, receipt—into on-chain facts that money can follow. Cash sits on the rail as Locked EDSD, flips to Unlocked EDSD only when an EMT mints, and every settlement burns 50% of its protocol fee in EDM. The rule never changes: no EMT, no funds.
What we optimize for
We design the rail so the people who run supply chains and ESG programs can actually use it.
Proof before payment: Milestones are plain checklists; money moves when they pass.
Small, predictable fees: Tokens: 4% per settlement; Trade: 0.5% per milestone (capped per tranche); half burns in EDM.
Zero-drift data: One PoV path; one One-Claim record; one public proof page per event.
Operational safety: Must-fund before shipping; funds are Locked EDSD until the right EMT; off-platform cash-out only at schedule completion.
Simple integrations: Human-readable receipts, stable APIs, webhook events your ERP/TMS/WMS can consume.
The rails we run
EDMA is one chain with two marketplaces that share the same settlement law.
Trade marketplace: orders, milestones, EMTs, Locked/Unlocked EDSD, exceptions that pause only what’s affected.
Tokens marketplace: PoV-verified energy/carbon units; buy or retire; settlement burns at the moment of proof.
Both use the same fee/burn rules, the same PoV/One-Claim integrity, and the same receipts you can point to.
Building blocks
PoV Gate: Compares submitted evidence to the contract’s checklist. If it matches, the gate passes.
EMT: (Event/Milestone Token) A stage-specific, non-transferable token that flips a pre-assigned slice from Locked EDSD to Unlocked EDSD and pays the same day.
One-Claim: Prevents duplicate use of the same evidence anywhere on EDMA.
EDSD: The on-platform stable. Buyer funds become Locked EDSD by supplier/stage; releases create Unlocked EDSD.
EDM: The fee/burn & governance token. Half of every protocol fee burns in EDM at settlement/release; gas is tiny and pass-through.
Fee Router / Burner: Applies caps, splits treasury vs burn, and posts the burn hash to receipts.
Paymaster: Users don’t need ETH; gas is auto-paid in EDM/EDSD behind the scenes.
Runtime in 60 seconds
A short story you can trace on any order.
Ask once (B1): Buyer posts spec and the evidence they’ll accept. Suppliers bid; buyer awards.
Award once (B2): One MPA with plain-language checklists and a payout schedule (e.g., 20/60/20).
Fund smart (B3): Buyer prefunds the first milestone + fee; production passes; Pre-Ship EMT mints; buyer must-fund the remaining milestones before shipping; EDSD is Locked by supplier/stage.
Proof moves money (B4): When a gate passes, EDMA mints an EMT; the slice flips Locked → Unlocked and pays; the receipt shows fee, treasury half, and the burn hash.
If something’s off (B5): We pause only that slice, show the fix path, apply the contract’s variance math, and resume. Paid slices stay paid.
Tokens flow is identical minus logistics: proof → settle → fee posts → 50% burns.
Data & privacy
Evidence files live off-chain under access control (COA, BL, seal photos, temp logs, EDI). The chain stores hashes and receipts. Public proof pages show what was proven, who attested, when it settled, the burn hash, and (for Trade) the Locked/Unlocked EDSD state. Auditors and regulators get signed URLs; webhooks never carry sensitive blobs.
Security model
Anchored to Ethereum: Blocks finalize on Ethereum; data availability uses standard L2 mechanics; burns are posted as on-chain transactions.
On-rail collateral: We never rely on off-platform collateral; cash is Locked EDSD until proof; tokens live in custody vaults for PoV Asset Credit.
Deterministic checks: PoV Gate enforces the contract; One-Claim enforces uniqueness; EMTs mint only on pass.
Narrow freezes: Exceptions pause only the affected slice; everything else keeps moving.
Timelocks & bounds: Parameter changes are bounded and time-delayed; foundations (No EMT-No funds, One-Claim, must-fund, 50% burns) are not vote-tunable.
Performance & costs
Flow latency: PoV checks & EMT mint → seconds; buyer review window 0–4h (governed).
Fees: Tokens 4% per settlement (2%/2% default split). Trade 0.5% per milestone with per-tranche caps (≤$1M→$5k; $1–5M→$25k; >$5M→$50k). 50% burns at the event.
Gas: auto-paid in EDM/EDSD, tiny, never burned.
Treasury: while funds are Locked, ~75% of each tranche sits in short-dated T-bills (70–100 days), ~25% in cash; interest appears in the ledger with Proof-of-Reserves.
Compliance posture
All parties pass KYC/KYB/UBO and sanctions screening. Branded goods require authorization. Tokens: public sale offshore (Reg S), U.S. via Reg D for accredited investors (restricted), or service credits for U.S. utility. Legal transfer rules are enforced in the rail: restricted holdings remain restricted until legally cleared.
Upgrade & governance
EDM holders govern parameters—milestone templates, evidence checklists, buyer review windows, top-up deadlines, tolerance bands, attestor SLAs, and the split of the treasury half—inside published bounds, with a 72h timelock and public diffs. They cannot touch the brakes: No EMT, no funds. One-Claim. Must-fund before shipping. Locked→Unlocked only on proof. 50% burns.
What doesn’t change
EDMA is a rail where facts lead cash. We never release money early; we never accept duplicate evidence; we never skip a burn; we never move funds off-platform mid-schedule. That is how we keep buyers liquid, sellers funded, attestors honest, and receipts defensible.
No EMT, no funds—ever.
One-Claim—no double-use of evidence.
Must-fund before shipping—after Pre-Ship EMT, top-up precedes pickup/forwarder/BL.
Locked→Unlocked—funds are platform-bound until the seller’s schedule completes.
50% burns—per settlement/release, in EDM, with a public hash.
That’s EDMA in one page: an L2 where real events become money moves you can trust.
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