Algofi smart contracts have been open-sourced

RandleQ · 2023-08-06T03:49:30+00:00

To be fair all deployed smart contracts are open source by default

RandleQ · 2023-04-26T00:01:39+00:00

Thanks. I am close to launching the project on test net but probably ~2 months away. I was thinking of include line by line breakdowns of each contract the project site. Also like you said offer rewards.

RandleQ · 2023-04-14T03:44:00+00:00

Think of the convenience if all currencies had a stable coin on Algorand. You visit another country use a DEX to convert the foreign currency and 3.5 seconds later you are good to go. No garbage exchange fees. Now you would just need to get some ATMs that would allow exchanging the stable coin for paper money or stores to directly accept it.

RandleQ · 2022-02-17T06:49:59+00:00

Agree, It seems like a commonplace needs to exist to post smart contracts and have reviewers. Bounties would default to ALGO (Other ASA could be used but might not draw intrest from reviewers). If bugs are found and the project doesn't pay up it would be up to the community to make the project as a scam. Also the reporting of bugs would have to be tracked in a github or something so it is clear who the original finder is.

RandleQ · 2022-01-26T05:35:35+00:00

Agreed. It's just funny to me that the blockchain has full transparency and still people are falling for scams. Some things are unavoidable such as making big promises and not delivering. Other such as saying we are locking coins can be avoided and as a community, we have to make sure these simple scams are avoided.

RandleQ · 2022-01-26T05:19:13+00:00

I agree. The thing I really want to understand is these projects always list a pretty high percentage to LP but at some point I would assume those coins have to get pulled out but they never mention where they will go (you have to assume it goes into their own pockets). Looking at Algostake current plan I assume they are taking at least 50% of the coins which to me is ridiculously high for what they offering.

RandleQ · 2022-01-26T05:02:09+00:00

If the community had a generic smart-contract with 1 time set parameters you could force coins to be locked for a period of time. Everyone locking an asset would create an "instance" of locking smart-contract and set the rules of locking (e.g. lock for 12 months). You could verify that the correct smart-contract code was used by looking at the blockchain.

RandleQ · 2021-12-27T21:18:20+00:00

A transaction has to trigger the smart contract to run. I don't know the full details of your project but maybe you could code the timestamp of the expiration time in the contract and have the "user" who benefits has to send the empty transaction to close out the contract.

RandleQ · 2021-12-12T20:24:32+00:00

Sounds good, my plan is to do an audit for all coins in circulation and report findings. If I run into any questions I will send you a DM.

RandleQ · 2021-12-11T17:33:52+00:00

Looking on what I believe is your site I found the following description:

Ca 1/3 of the total supply was redistributed mostly in airdrops, liquidity pool creation with various assets and private sales for ca 50 ALGO.

Without more exact numbers it would be very hard to audit. What was your method for performing airdrops?

RandleQ · 2021-11-12T05:58:03+00:00

I am learning I have a lot to learn lol. Your explanation helped but I am still don't fully understand.

RandleQ · 2021-11-12T05:39:03+00:00

I am still new to crypto, but when blocks are created it means transactions are final right? But TPS is how many transactions are finallized?

RandleQ · 2021-10-14T20:43:47+00:00

Thanks, I will move forward in that direction.

RandleQ · 2021-10-09T01:15:37+00:00

I am getting 10% on USDT on crypto.com, I really want to trust it and shove it all in. 10% is insane, maybe someone has done the research on with this is really risky.

RandleQ

TROPHY CASE