Upgradable
Last updated
Last updated
Complying with regulatory standards, our role as an issuer with supervisory authority demands a precisely designed technical framework with smooth implementation that allows us to have the privilege of making upgrades to the DD.
The upgrade feature serves as a potent tool, enabling us to enhance the security, functionality, and performance of the system. It can be employed to achieve several key objectives:
Eliminate Security Vulnerabilities: The upgrade feature acts as a shield, allowing us to patch security vulnerabilities within the system promptly. This proactive approach safeguards the system against potential threats and data breaches.
Introduce New Features: We can use the upgrade feature to incorporate new functionalities into the system, making it more versatile and beneficial.
Enhance System Performance: Leveraging the upgrade feature can improve the system's overall speed and responsiveness, optimizing its efficiency.
Optimize Operational Efficiency: The upgrade feature can be harnessed to fine-tune the system's operational efficiency, reducing costs and bolstering productivity.
The proxy contract acts as an intermediary that delegates calls to another contract, known as the "target." This proxy pattern is vital when striving for upgradability while maintaining the immutability of the proxy contract. By simply updating the target address within the proxy contract, we can deploy a new contract behind it, preserving all data.
Our approach involves three contracts: the proxy, master, and storage. This setup proves invaluable when upgrading a smart contract while preserving crucial data. Users interact with the proxy contract, and data is securely stored in the storage contract. The DD smart contract is designed to be upgradeable, allowing for the development of new code on top of the existing code.