3.3 Program Architecture

Path Protocol consists of four core Solana programs designed for modularity, efficiency, and security:

┌─────────────────────────────────────────────────────────┐
             Path Protocol Architecture              
└─────────────────────────────────────────────────────────┘

┌─────────────────┐
     path_core         Market creation, LMSR trading, fee distribution
└────────┬────────┘
         │
         ├─> Markets created by approved platforms
         ├─> LMSR buy/sell execution
         ├─> 4-tier fee distribution
         ├─> Multi-outcome support
         │
┌────────▼────────┐
   path_resolution     Oracle system, dispute resolution, claims
└────────┬────────┘
         │
         ├─> Commit-reveal oracle consensus
         ├─> Multi-outcome resolution
         ├─> Dispute mechanism
         ├─> Winner redemption (1 share = 1 collateral)
         │
┌────────▼────────┐
    path_platform      Platform registration, governance, approval
└────────┬────────┘
         │
         ├─> Platform registration with PATH stake
         ├─> 7-day review + community veto
         ├─> Platform fee distribution
         ├─> Governance voting
         │
┌────────▼────────┐
     path_token        PATH staking, reward distribution, governance
└─────────────────┘
         │
         ├─> Stake PATH tokens (flexible or locked)
         ├─> Claim staker rewards (0.1% of volume)
         ├─> Lock period options (fixed or linear unlock)
         ├─> Voter reward bonuses for governance participation
         ├─> Platform-specific locking (5 years with monthly linear unlock)

Program Responsibilities

1. path_core

• Create markets (requires approved platform)

• Manage phased market states (BOUNDING → ACTIVE → COMPLETED → RESOLVED)

• Execute LMSR buy/sell trades with dynamic virtual_b

• Handle BOUNDING timeout and refunds

• Multi-outcome token minting/burning

• Fee collection and distribution to 4 vaults

• Market state management

2. path_resolution

• Oracle commit-reveal scheme

• Multi-party consensus resolution

• Dispute submission and voting

• Winning outcome finalization

• Winner payout redemption (proportional to pool, parimutuel)

3. path_platform

• Platform registration with stake

• Community veto mechanism (7-day window)

• Auto-approval after review period

• Platform fee vault management

• Platform metadata updates

4. path_token

• PATH token staking with lock period options

• Staker reward accumulation (0.1% of all volume)

• Claimable reward distribution (proportional to stake)

• Lock period multipliers (1.1x to 2.8x)

• Voter reward bonuses (0% to 20% additional)

• Governance voting power calculation

• Platform-specific locking (5 years with monthly linear unlock)