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Lockdrop Contract
This repo contains the smart contracts and scripts for the Edgeware lockdrop. The lockdrop contract enables users to lock and signal ether towards a given project.
Users specify either 3, 6, or 12-month lockups.
Users must submit an edgeware 32-byte hex public key and their interest in staking as a validator. The scripts then aggregate transactions on behalf of a lockdrop contract and compile the JSON objects necessary for a substrate genesis specification.
yarn global add truffle
yarn install
To test, use ganache-cli and truffle
truffle test
To deploy locally against ganache-cli:
truffle deploy
To use the script /scripts/lockdrop.js, ensure you've deployed to the respective network:
truffle compile
node ./scripts/lockdrop.js --help
Usage: lockdrop [options]
Options:
-V, --version output the version number
-b, --balance Get the total balance across all locks
-l, --lock Lock ETH with the lockdrop
-s, --signal <signalingAddress> Signal a contract balance in the lockdrop
-n, --nonce <nonce> Transaction nonce that created a specific contract address
-u, --unlock Unlock ETH from a specific lock contract
-r, --remoteUrl <url> The remote URL of an Ethereum node (defaults to localhost:8545)
--lockContractAddress <addr> The Ethereum address for a lock contract
--lockdropContractAddress <addr> lockers
--lockers Get the allocation for the current set of lockers
--ending Get the remaining time of the lockdrop
--lockLength <length> The desired lock length - (3, 6, or 12)
--lockValue <value> The amount of Ether denominated in WEI
--pubKey <key> Edgeware ED25519 pubKey in hex
--isValidator A boolean flag indicating intent to be a validator
-h, --help output usage information
To align incentives, the Edgeware network will be launched with a lockdrop of EDG tokens to Ether holders. A lockdrop happens where token holders on one network timelock their tokens for a certain amount of time — all executed within a smart contract. Ether holders are able to lock their tokens for as short as 3 months or as long as one year. With longer timelocks corresponding to receiving proportionally more Edgeware tokens.