Architecture
One coordination layer. Many financial relationships.
PAR connects financial rights to the controls that enforce them, across independent participants and applications.
Agreements
Terms, consent & conditions
Rights register
Claims, backing & priority
Investor-owned position
Held in a smart-contract account
Investor-owned position
Held in a smart-contract account
Define
Agree what each party can do.
Record the accepted claims, backing, priority and conditions of the relationship.
Enforce
Protect commitments where assets are held.
Account controls check management, withdrawal and delivery against the rights already in force.
Compose
Connect through accepted rights.
Participants can accept eligible rights from other arrangements, with their own terms and risk decisions.
Ecosystem interfaces
Compatibility is defined at the interface.
Assets & positions
ERC-20 · ERC-4626 · Uniswap v3
Local reference implementationsFungible tokens, vault shares and LP positions through Erc20Integration, Erc4626Integration and UniV3Integration.
Account enforcement
Safe · PositionModule · PositionGuard
Local reference implementationOwner and delegated actions run through account checks. The selected Safe implementation, modules and guard must match the supported wiring.
Claims & consent
ERC-1155 · EIP-712 · ERC-1271
Claim code; v1 consent specificationClaim units use a common token interface. Typed, role-specific signatures bind consent; contract signers can participate through ERC-1271.
Payments
Permit2 · IPullSettlement · IPullPayer
Reference adapter; specified v1 interfacesSigned pulls bind the payment to the right being received. Venue-funded payment paths verify the recipient’s credited balance.
Oracles & verified inputs
Price feeds · Rate sources · Verified inputs
e.g. ChainlinkPrices, rates and authenticated information used to evaluate financial commitments.
Privacy backends
IPrivateSettlement
Specified interface; external adapter requiredcommit, verifyState and execute connect private state and settlement to the same agreements.