token_distributing_model

Code Explanation

What it does

This project have two main features.

1. Manages DB composed with a specific FT holders.
2. Distributes FT to those holders with fixed ratio.

scripts explanation

• all of the important functions are in index.ts. You can use them by running the comand,

npm run dev

How to get started

• clone the repository
• get the .env file ready with your wallet private key.
• get your local DB ready. I used mySQL.

Notes

• I used GLD, which is a ERC20 I made for just testing, so we can use DIP in the future instead.
• I used mysql for the database but we can use gcp or anything instead.
• you can test the getting accounts function with usdt instead using get_account.ts.
• I will make the code easier to read soon.

Concerns

• I might should have used an API to distribute tokens. I think there are easier, faster ways in the world.
• I had a bug when testing with usdt due to synchronization of recieving transfer events. I need to fix this later when DIP gets big.

Requirements

• You need to make a dist file to save your js files.
• You need to get a websocket via alachemy.
• You need to have your own ERC20 address, ABI and your wallet's private key.