Skip to content
/ jaguchi Public

Faucet concept utilising bento and earning yield on idle reserves, contributing to self sustainability.

License

Notifications You must be signed in to change notification settings

0xMaka/jaguchi

Folders and files

NameName
Last commit message
Last commit date

Latest commit

 

History

25 Commits
 
 
 
 
 
 

Repository files navigation

Jaguchi: a sustainable faucet

Exploring the concept of utilizing Bento, and its capacity for securely storing funds while earning yield on idle assets, as a means to contribute towards a faucet's long term sustainability.

Where may be appropriate:

  • as a permissioned community faucet, that can go periods with low payout volume.
  • dapp onboarding, where amount granted should be enough to cover half a dozen swaps or several app interactions

Where unlikely to be appropriate:

  • as a permissionless faucet, making frequent payouts.
  • as a lifejacket, where enough for just one swap should be airdropped.

Options:

  • There must be one admin, but an operator is optional.
  • There can only be one of each, though more addresses can be allowlisted.

This allows for a few configurations.

The cheapest, (in terms of gas expense) is where the admin pays while 'admin_only' is toggled True. With cost growing as the number of checks or actions are increased. When 'admin_only' is toggled False, the caller's address is checked against the allowlist. Where only if 'min_reserve' is set to a value greater than zero will we make the external check to operator balance, topping up if needed before performing the intended delivery.

About

Faucet concept utilising bento and earning yield on idle reserves, contributing to self sustainability.

Topics

Resources

License

Stars

Watchers

Forks

Releases

No releases published

Packages

No packages published

Languages