Memo Length Reduction

Reducing Memo Size

Given the complexity of memos, they can become very long, beyond the limits of chains like Bitcoin. Various methods have been developed to significantly shorten memo length. Example:

1. SWAP:ETH.ETH:0xe6a30f4f3bad978910e2cbb4d97581f5b5a0ade0:1612345678:thor1el4ufmhll3yw7zxzszvfakrk66j7fx0tvcslym:10

   can be reduced to =:e:dx:161e6:t:10

2. SWAP:ETH.USDT-0xdac17f958d2ee523a2206206994597c13d831ec7:0xe6a30f4f3bad978910e2cbb4d97581f5b5a0ade0:10012345678:thor1el4ufmhll3yw7zxzszvfakrk66j7fx0tvcslym:10

   can be reduced to =:ETH.USDT:dx:100e7:t:10

The examples below use the following features to reduce memo length:

1. Shortened Asset Names

2. MAYANames

3. Shortened Function

4. Asset Abbreviations

5. Scientific Notation

Shortened Asset Names

Native asset names can be shortened to reduce the length of the memo. The exact list is here.

Shorten Asset	Asset Notation
r	THOR.RUNE
b	BTC.BTC
e	ETH.ETH
j	KUJI.KUJI
d	DASH.DASH
m	MAYA.CACAO
a	ARB.ETH
k	KAS.KAS
c	ADA.ADA

Example Swaps:

• =:ETH.ETH:0x388C818CA8B9251b393131C08a736A67ccB19297 is reduced to =:e:0x388C818CA8B9251b393131C08a736A67ccB19297, Swap for Ether.

• =:r:thor1el4ufmhll3yw7zxzszvfakrk66j7fx0tvcslym - Swap to RUNE.

Asset Abbreviations

Assets can be abbreviated using fuzzy logic. The following will all be matched appropriately. If there are conflicts, then the deepest pool is matched to prevent attacks.

Notation
ETH.USDT
ETH.USDT-ec7
ETH.USDT-6994597c13d831ec7
ETH.USDT-0xdac17f958d2ee523a2206206994597c13d831ec7

MAYANames

THORNames allows a custom name to be assigned to an address, like an alias, so the address does not need to be specified.

Example:

• maya1a427q3v96psuj4fnughdw8glt5r7j38ljfa6h can be specified as wr.

See the MAYAName Creation Guide to create your own. This is used greatly to specify the affiliate address.

Shortened Functions

Memos contain functions such as Swap or Add, which describe the user's intent and are sent along with specific parameters. Functions can be reduced in the following way:

Function	Abbreviated	Recommended
Swap	s	=
Add / Deposit		+
Withdraw	wd	-
Loan Open	Loan+	$+
Loan Close	Loan-	$-
THORName	name, n	~
Limit Order	Limitto	lo

Example:

=SWAP:e:0x388C818CA8B9251b393131C08a736A67ccB19297 is reduced to =:e:0x388C818CA8B9251b393131C08a736A67ccB19297

Scientific Notation

In MAYAChain memos and the state machine, asset amounts are expressed as Base in 1e8 format requiring many digits to express an amount. E.g. 0.01 BTC is expressed as 1000000 and 5 Ether is expressed as 500000000.

CACAO is the only asset which is expressed in 1e10 format.

To help save space in memos, scientific notation can shorten memos by specifying both significant digits and the amount of trailing zeros. Note that using scientific notation in memos always leads to a loss of precision, so ensure enough significant digits are used to express the amount properly. For example, using 161e6 to represent 1612345678 results in a loss of precision.

Examples:

• In memo: 1e8 -> MAYAChain reads: 100000000

• In memo: 51e7 -> MAYAChain reads: 510000000

Full Memo Example:

• SWAP:ETH.ETH:0x388C818CA8B9251b393131C08a736A67ccB19297:1612341234:thor19emplkuphjk2y9gkkv06m8vcstc0ufn4pevv5u:10

  is reduced to =:e:0x388C818CA8B9251b393131C08a736A67ccB19297:161e6:t:10