SettleMint
ArchitectureComponentsAsset Contracts

Legacy Types

Specialized contract types (DALPBond, DALPEquity, DALPFund, DALPStableCoin, DALPDeposit, DALPRealEstate, DALPPreciousMetal) are fully supported with compile-time immutability. DALPAsset is recommended for all new projects.

Purpose: Reference catalog for the seven specialized contract types, their compiled-in capabilities, when to choose them over DALPAsset, and how they coexist in mixed deployments.

  • Doc type: Reference
  • What you'll find here:
    • Support status of all seven specialized types
    • Capability and immutability details per type
    • Compile-time vs runtime-configurable tradeoffs
    • Decision checklists for choosing legacy vs DALPAsset
    • Parity notes where legacy features differ from modern equivalents
    • Coexistence guidance for mixed-fleet deployments
  • Related:

Status and support posture

All seven specialized contract types are fully supported, not deprecated, and require no migration. There is no planned deprecation timeline. They continue to receive security patches and compatibility updates alongside DALPAsset.

DALPAsset is recommended for all new projects. Specialized types exist because they predate the SMARTConfigurable extension. Existing deployments that use them and should not be replaced unless new capability requirements demand runtime reconfiguration.


Legacy type catalog

TypePrimary use caseCompiled-in capabilitiesImmutability guaranteesEquivalent DALPAsset preset
DALPBondFixed-income instrumentsSMARTRedeemable, SMARTYield (legacy), SMARTCapped, SMARTHistoricalBalancesFee structure and maturity terms fixed at deployBond
DALPEquityShares with votingERC20Votes, SMARTHistoricalBalancesVoting mechanism fixed at deployEquity
DALPFundInvestment vehiclesManagement fee, ERC20Votes, SMARTHistoricalBalancesFee rate fixed at deployFund
DALPStableCoinFiat-pegged tokensSMARTCollateral, SMARTHistoricalBalancesCollateral mechanism fixed at deployStableCoin
DALPDepositGeneral depositsSMARTHistoricalBalancesMinimal constraintsDeposit
DALPRealEstateFractional propertySMARTCapped, SMARTHistoricalBalances, premint mechanismSupply cap fixed at deployRealEstate
DALPPreciousMetalTokenized metalsSMARTHistoricalBalancesNo supply cap, PAXG-style modelPreciousMetal

All types share the same SMART Protocol (ERC-3643) foundation, RBAC model, and factory deployment pattern as DALPAsset.


Compile-time vs runtime-configurable

The core architectural difference is when capabilities are bound to the token:

Legacy (compile-time)DALPAsset (runtime via SMARTConfigurable)
BindingFeatures embedded in bytecode at compilation; cannot changeFeatures attached post-deployment; can be added, upgraded, or reconfigured
GovernanceNo configuration drift — contract is the complete specConfiguration changes require role-gated transactions, multi-sig
Audit surfaceSimpler — no reconfiguration paths or configuration stateBroader — must review feature attachment, composition, and permissions

Choose legacy when

Use this checklist to determine whether a specialized type is the right choice:

  • Compliance or legal framework requires that features (fee structure, maturity terms, collateral ratio) cannot change post-issuance
  • A stronger immutability guarantee is needed for investor trust — the on-chain contract is the complete, immutable specification
  • A simpler audit surface is preferred — no runtime reconfiguration paths to review
  • Existing deployments that work correctly and do not need new features

Choose DALPAsset when

  • Requirements may evolve post-deployment (add fees, governance, yield after launch)
  • Post-deploy feature attachment is needed for phased rollouts
  • A modular approach is preferred for multi-instrument deployments using a single contract type
  • All new projects (default recommendation)

Parity notes

Where a legacy compiled-in feature differs from the modern token feature equivalent:

Legacy featureLegacy typeModern equivalentDifference
SMARTYieldUpgradeableDALPBondFixed Treasury YieldLegacy uses a different yield distribution mechanism. The token feature uses pull-based claiming from a treasury with scheduled distributions.
SMARTCollateralUpgradeableDALPStableCoinCollateralComplianceModuleLegacy embeds collateral logic in the token contract. The module approach uses the compliance engine with ERC-735 identity claims for collateral proof.
SMARTCappedUpgradeableDALPBond, DALPRealEstateCappedComplianceModuleSame cap enforcement logic, different attachment mechanism (compiled-in vs compliance module).
collectManagementFee()DALPFundAUM FeeLegacy mints fee tokens to the caller (governance role). The token feature mints to a configured feeRecipient address.

These differences are behavioral. The compiled-in implementations and the modern equivalents achieve the same business outcome through different mechanisms. When evaluating a migration, review whether the behavioral difference affects downstream integrations (e.g., fee accounting systems that expect minting to a specific address).


Coexistence guidance

Mixed-fleet deployments are fully supported. DALPAsset and legacy types can coexist in the same deployment because they share the same foundation:

  • Same SMART Protocol (ERC-3643) — identical compliance enforcement, transfer rules, and identity registry integration
  • Same RBAC model — identical seven-role structure with the same role identifiers (see RBAC)
  • Same factory pattern — deployed through the same factory infrastructure with the same deployment invariants
  • Same upgradeability model — both support UUPS proxy or immutable deployment (see Deployment Architecture)

No migration is required. An organization can operate DALPBond tokens alongside DALPAsset tokens configured with the Bond preset. External systems (wallets, indexers, compliance dashboards) interact with both through the same ERC-20 and ERC-3643 interfaces.


See also

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