Smart Contract Update (Solidity)

180
ETH, DAI, USDT
+53
0 days (till Jul 31st, 2023)

The budget for this is $180. If it is not acceptable to you,  do not proceed further.

 

I want to make changes to the attached experimental smart contract I am creating.

 

Here are my proposed updates:

 

When depositors decide to buy or sell RightsToken, the smart contract will implement an arbitrage to profit from the difference in prices. It will then use 66.666% of the profits to buy RightsToken.

 

Let the Yearly Average Value Calculation reset to zero after 365.25 days or 8766 hours.

 

Protecting the Token Price from Manipulation

 

To protect the token price from manipulation, we can implement dynamic fee and price impact restrictions for the RightsToken. This can be done by following these steps:

 

1. Implement a function in the smart contract that calculates the transaction fee based on the transaction size and slippage. The formula for calculating the fee is:

 

fee = (transaction size * slippage * dailyAverageFee) / 100

 

Here, transaction size represents the value of the transaction, slippage is the calculated slippage, and dailyAverageFee is the daily average fee of 0.00925925925925926%.

 

2. Implement a check in the smart contract to ensure that the transaction's impact on the token price remains within the desired limits. The maximum allowed price impact can be calculated using the formula:

 

maxPriceImpact = token supply * dailyPriceChangeLimit

 

Here, tokenSupply is the current supply of RightsToken, and dailyPriceChangeLimit is the desired limit of 0.00253504702% (daily).

 

3. Before executing a transaction, validate the fee and price impact. Compare the calculated fee against a minimum fee threshold to ensure it is economically viable. Also, compare the calculated price impact against the maximum allowed price impact. If either of these conditions is not met, revert the transaction and provide an appropriate error message.

 

4. The 33.333% of the fees will be distributed among token holders in proportion to their token deposits. Implement a function to calculate and distribute the fees periodically.

 

5. Include a mechanism that would reward long-term depositors and reset reward parameters when deposits are accessed.

 

6. Provide an option for users who want the smart contract to help them to buy or sell at the minimum fee.

180
ETH, DAI, USDT
+53
0 days (till Jul 31st, 2023)

More Jobs like this

Show more
Vegan Rob's Dao project development

Vegan Rob’s https://veganrobs.com/is a well-known plant-based lifestyle brand with a passionate community. Vegan Rob’s DAO is a Web3 governance platform that allows the community to participate directly in decision-making through decentralized voting. The platform includes...

adding chatting functionality

We are looking for a developer to add a simple real-time chatting feature to our tech education project based on the Tech-Books repository. The goal is to allow users to communicate (1-to-1 or group chat)...

helping me with my hotel project for a college

i want someone that could help me with my hotel project for my universtity concept for a hilton hotel in casablance morocco contact me for more info

build a sophisticated React chatbot for my Personal AI

Technical Stack React 19 + TypeScript GSAP animations & SplitType effects Custom hooks & API integration Tailwind CSS theming Express backend What I Need Done Content Optimization - Update messaging, descriptions, and branding across components...

Twitter comment task from verified account

We are looking for a skilled individual to handle Twitter comment tasks from a verified account. This role requires someone with a strong passion for gaming and a keen understanding of social media platforms. Responsibilities:...

Hiring Chat Agents/Online Workers (Part-time Available)

1. Job Description: Chat with customers via the app 2. Work Hours: No fixed requirements, completely up to you 3. Work Location: Online 4. Pay: Depends on your skills, typically $200-$500 per week 5. Payout:...

X (Twitter) Promotion & Social Media Management

We are seeking a dedicated individual to join our team in the role of X (Twitter) Promotion & Social Media Management. In this position, you will be responsible for promoting our brand and managing social...

telegram mini App Dev

im looking for telegram Mini App Developer who can help me build production ready mini app

Poland Native Speakers Required for Speech Data Collection

Job Description We are an AI data research company conducting an AI Speech Data Collection Project and are currently seeking native Polish speakers to participate in a 30-minute English conversation. The purpose of this task...

Sales

    Logo design is one of the most important parts of branding. A good logo creates a strong first impression and helps a business stand out. As a logo designer, I create unique and...

Vegan Rob's Dao project development

Vegan Rob’s https://veganrobs.com/is a well-known plant-based lifestyle brand with a passionate community. Vegan Rob’s DAO is a Web3 governance platform that allows the community to participate directly in decision-making through decentralized voting. The platform includes...

adding chatting functionality

We are looking for a developer to add a simple real-time chatting feature to our tech education project based on the Tech-Books repository. The goal is to allow users to communicate (1-to-1 or group chat)...

helping me with my hotel project for a college

i want someone that could help me with my hotel project for my universtity concept for a hilton hotel in casablance morocco contact me for more info

build a sophisticated React chatbot for my Personal AI

Technical Stack React 19 + TypeScript GSAP animations & SplitType effects Custom hooks & API integration Tailwind CSS theming Express backend What I Need Done Content Optimization - Update messaging, descriptions, and branding across components...

Twitter comment task from verified account

We are looking for a skilled individual to handle Twitter comment tasks from a verified account. This role requires someone with a strong passion for gaming and a keen understanding of social media platforms. Responsibilities:...

Hiring Chat Agents/Online Workers (Part-time Available)

1. Job Description: Chat with customers via the app 2. Work Hours: No fixed requirements, completely up to you 3. Work Location: Online 4. Pay: Depends on your skills, typically $200-$500 per week 5. Payout:...

X (Twitter) Promotion & Social Media Management

We are seeking a dedicated individual to join our team in the role of X (Twitter) Promotion & Social Media Management. In this position, you will be responsible for promoting our brand and managing social...

telegram mini App Dev

im looking for telegram Mini App Developer who can help me build production ready mini app

Poland Native Speakers Required for Speech Data Collection

Job Description We are an AI data research company conducting an AI Speech Data Collection Project and are currently seeking native Polish speakers to participate in a 30-minute English conversation. The purpose of this task...

Sales

    Logo design is one of the most important parts of branding. A good logo creates a strong first impression and helps a business stand out. As a logo designer, I create unique and...