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🧬 PR 17: Synthetic Assets & Off-Chain Settlement (234/245)
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# PiRC-234: Synthetic RWA Generation
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## 1. Executive Summary
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This standard defines the minting of synthetic digital derivatives backed by the yield and value of physical Real-World Assets (RWAs), utilizing PiRC-214 Oracles.
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**Dependencies**: PiRC-213, PiRC-214
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**Status**: Complete reference implementation
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## 2. Architecture
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- Synthetic asset minting engine
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- Oracle-driven price and yield feeds
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- Over-collateralization requirements for synthetics
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## 3. Reference Smart Contracts
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**Solidity**: `contracts/PiRC234SyntheticRWA.sol`
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**Soroban**: `contracts/soroban/src/synthetic_rwa.rs`
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## 4. Implementation Roadmap
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- Phase 1: Synthetic minting logic
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- Phase 2: Oracle integration for price feeds
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- Phase 3: Yield distribution mechanisms
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# PiRC-245: Off-Chain Settlement Batching
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## 1. Executive Summary
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This standard provides a rollup-style off-chain settlement batching mechanism for high-frequency institutional trades, reducing on-chain congestion while maintaining cryptographic finality.
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**Dependencies**: PiRC-207, PiRC-228
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**Status**: Complete reference implementation
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## 2. Architecture
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- State channel and batching logic
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- Merkle root state commitments
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- Dispute resolution via Justice Engine (PiRC-228)
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## 3. Reference Smart Contracts
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**Solidity**: `contracts/PiRC245SettlementBatching.sol`
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**Soroban**: `contracts/soroban/src/settlement_batching.rs`
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## 4. Implementation Roadmap
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- Phase 1: State commitment logic
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- Phase 2: Batch processing and netting
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- Phase 3: Justice Engine dispute integration

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