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
Call Operator Needed | US Based Native English

We are looking for confident, communicative individuals with a native-level English accent, preferably American (US), to join our remote team. Requirements: Native or native-level English speaker (US accent preferred) Excellent communication and conversation skills Comfortable...

Blockchain dApp Developer – Solidity & Next.js

We are building and improving Scaffold-ETH 2, a modern Ethereum development starter kit used by thousands of Web3 developers to rapidly build and ship dApps.The project serves as a foundation for building real blockchain applications...

indiviual trader

programming a trading bot rules based, also maintenance and implementation if necessary, for BTC perpetual futures on Hyperliquid exchange using a vps, budgetby negotiation, no strict dead line. It is a rather easy task and...

Création

We are seeking a highly talented and creative individual to join our team in the role of Création. As a member of our team, you will be responsible for bringing design concepts to life through...

Build a Secure Payment Platform

Build a Secure Automated Payment System for an Austrian Car Sales Company About Us We are an established car sales company located in Linz, Austria. We are looking for an experienced software engineer or development...

E-commerce Website UX/UI Redesign

I'm looking for a talented UX/UI designer to modernize and enhance the user experience of our existing e-commerce website. The site is fully functional, but we believe the current interface can be significantly improved to...

Website Speed Optimization (Core Web Vitals & PageSpeed)

Website Speed Optimization (Core Web Vitals & PageSpeed) I am looking for an experienced web developer to optimize my website's loading speed and overall performance. The goal is to improve Core Web Vitals and achieve...

Traduction FR/IT/ES

ma langue maternelle est le français, je suis d’origine italienne et je vie en Colombie je parle couramment les 3 langues.je vous fournis un travail rapide et de qualité. 

senior blockchain and smart contract engineer.

We are seeking a highly skilled and experienced Senior Blockchain and Smart Contract Engineer to join our team. The ideal candidate will have a strong background in Blockchain and Crypto technologies, with expertise in Smart...

Mobile Game Video Recorder — Remote, Flexible and Ongoing

Are you interested in mobile games and curious about how the mobile gaming industry works? We are building a market intelligence platform used to analyze mobile games, trends and gameplay. We are looking for reliable...

Call Operator Needed | US Based Native English

We are looking for confident, communicative individuals with a native-level English accent, preferably American (US), to join our remote team. Requirements: Native or native-level English speaker (US accent preferred) Excellent communication and conversation skills Comfortable...

Blockchain dApp Developer – Solidity & Next.js

We are building and improving Scaffold-ETH 2, a modern Ethereum development starter kit used by thousands of Web3 developers to rapidly build and ship dApps.The project serves as a foundation for building real blockchain applications...

indiviual trader

programming a trading bot rules based, also maintenance and implementation if necessary, for BTC perpetual futures on Hyperliquid exchange using a vps, budgetby negotiation, no strict dead line. It is a rather easy task and...

Création

We are seeking a highly talented and creative individual to join our team in the role of Création. As a member of our team, you will be responsible for bringing design concepts to life through...

Build a Secure Payment Platform

Build a Secure Automated Payment System for an Austrian Car Sales Company About Us We are an established car sales company located in Linz, Austria. We are looking for an experienced software engineer or development...

E-commerce Website UX/UI Redesign

I'm looking for a talented UX/UI designer to modernize and enhance the user experience of our existing e-commerce website. The site is fully functional, but we believe the current interface can be significantly improved to...

Website Speed Optimization (Core Web Vitals & PageSpeed)

Website Speed Optimization (Core Web Vitals & PageSpeed) I am looking for an experienced web developer to optimize my website's loading speed and overall performance. The goal is to improve Core Web Vitals and achieve...

Traduction FR/IT/ES

ma langue maternelle est le français, je suis d’origine italienne et je vie en Colombie je parle couramment les 3 langues.je vous fournis un travail rapide et de qualité. 

senior blockchain and smart contract engineer.

We are seeking a highly skilled and experienced Senior Blockchain and Smart Contract Engineer to join our team. The ideal candidate will have a strong background in Blockchain and Crypto technologies, with expertise in Smart...

Mobile Game Video Recorder — Remote, Flexible and Ongoing

Are you interested in mobile games and curious about how the mobile gaming industry works? We are building a market intelligence platform used to analyze mobile games, trends and gameplay. We are looking for reliable...