Update 007_eMoney_integration.md
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@ -72,64 +72,32 @@ When dislaying the SPOT price or excahnge rate to a user we should use the follo
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> Exchange Price = CIC_reserve / (CIC_supply * trr) -> this is pulled from blockchain and should be sent back as a SMS
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> Exchange Price = CIC_reserve / (CIC_supply * trr) -> this is pulled from blockchain and should be sent back as a SMS
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### User Interface ###
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- When a user chooses to ``Redeem get Quote```:
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- They should enter the amount (limited to the max in their balance)
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- They should get a confirmation Based on a quote from the blockchain in a SMS:
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- You will recieve **Mpesa_given** for **CIC_excahnge_amount** please confirm this quote in the USSD menue to proceed: (note this is from blockchain and will change second by second)
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- The user will return to the USSD menu
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- They navigate back to exchange in less than 1 minute and 'confirm exchange quote' (new USSD excahnge menu needed) (the 'confirm Redeem excahnge quote')
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- 'confirm Redeem quote' will only show up for a minute - otherwise they have to ask for another quote
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- Please type your PIN to confirm
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- The user should get a Mpesa responce for recieving the **Mpesa_given**
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### USSD Interface ###
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### USSD Interface ###
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- User chooses Excahnge Menu option #1 Check Excahnge Rate
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- Option #4 Exchange
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- Redeem 1000 CIC
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- #1 Get Exchange Rate
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- Calculate a quote .... :
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- #2 Confirm Exchange
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- Quotation: Date.
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- SMS: You will receive at least 800 KSH for 1000 CIC. (MVP)
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- getQuoteRedeemCIC(amount, CIC):
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- mvp: return amount = amount - amount * rate; /// Rate is 10%
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- best: web3 calls to purchaseReturn
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- On the Exchange menu - option #3 is Confirm Quotation:
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- Please confirm: "You will receive at least 800 KSH for 1000 CIC."
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- Yes.
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- mvp: GE receives the 1000 CIC
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- best: Then we try a conversion ... with a Min return.
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- best: 1000 CIC is sent to the contract (on blockchain) - (xDAI is sent to the GE float account - to be cleared later)
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- Mpesa as in the quote - is sent to the user
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- User chooses Exchange Menu option #1 Get Exchange Rate - then chooses the direction of the exchange
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- #1 [CIC] -> Mpesa
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- Enter the amount of [CIC] you wish to redeem (limited to their balance)
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- #2 Mpesa -> [CIC]
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- Enter the amount of Mpesa you wish to contribute
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- Enter pin to confirm
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- You will recieve a SMS shortly
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- perhpas for MVP we can just spit this back out on USSD.
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- SMS: You will receive at least 800 KSH for 1000 CIC. This quotation is stored for the user but only valid for a period of time (1 hour?)
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- When a user chooses to ``Contribute get Quote```:
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- User chooses Exchange Menu option #2 Confirm Exchange - if they don't have an active quotation they must goto option #1 first.
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- They should enter the amount of Mpesa they wish to contribute
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- They should get a confirmation Based on a quote from the blockchain in a SMS:
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If the quotation is for CIC->Mpesa then:
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- You will recieve **CIC_given** for **Mpesa_excahnge_amount** please confirm this quote in the USSD menu to proceed: (note this is from blockchain and will change second by second)
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- Show the last quotation message
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- The user will return to the USSD menu
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- Enter your pin to confirm
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- They navigate back to exchange in less than 1 minute and 'confirm exchange quote' (new USSD excahnge menu needed) (the 'confirm Contribute excahnge quote')
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- You will recieve a SMS shortly
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- 'confirm Contribute exchange quote' will only show up for a minute - otherwise they have to ask for another quote
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- Please type your PIN to confirm
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If the quotation is for Mpesa-> then:
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- The user should get a SMS responce from GE for recieving the **CIC_given**
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- Show the last quotation. message - which includes instruction for sending on paybill
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User chooses Excahnge Menu option #2
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- Contribute KSH - returning CIC
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- Calculate a quote .... :
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- Quotation: Date.
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- SMS: You will receive at least 1200 CIC for 1000 KSH. (MVP)
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- getQuoteContriuteKSH(amount, CIC):
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- mvp: return amount = amount + amount * rate; /// Rate is 10%
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- best: web3 calls to purchaseReturn
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- On the Exchange menu - option #3 is Confirm Quotation:
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- Please confirm: "You will receive at least 1200 CIC for 1000 KSH."
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- Yes.
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- mvp: SMS: Please send 1000 KSH to PayBill account number [phone number]
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- best: Then we try a conversion ... with a Min return.
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- best: xDAI is sent to the contract (on blockchain) - (xDAI is sent to the GE float account - to be cleared later)
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- CIC as in the quote - is sent to the user
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