Expertise Specialist Industries
Insights
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Technologies Involved:
Blockchain
nodejs
Area Of Work: Smart Contract
Project Description

A leading blockchain-focused client, Hexafinity aimed to launch a secure and scalable Ethereum ERC20 token to facilitate seamless transactions within their ecosystem. With a target supply of 6 trillion tokens, the client required specific tax and burn mechanisms for efficient token management. The goal was to ensure compliance with blockchain standards using Solidity. 
Scope Of Work

The client sought a solution for developing an ERC20 token with a total supply of 6T, incorporating a 0.2% tax rate and a 0.1% burn rate. The client needed a reliable, transparent, automated smart contract system to govern these operations. The emphasis was on ensuring smooth functionality, enhanced security, and accurate tax and burn calculations.
Our Solution

To meet the client's requirements, Oodles provided the following solutions:

  • Smart Contract Development: Created and deployed an Ethereum-based ERC20 token using Solidity, ensuring compliance with blockchain standards.
  • Tax and Burn Mechanism: Integrated automated functions for a 0.2% tax and 0.1% burn per transaction, providing transparency and reducing supply effectively.
  • Security Measures: Implemented robust security protocols to prevent vulnerabilities and ensure safe transactions.
  • Testing and Deployment: Conducted extensive testing to validate smart contract functionalities before deployment.
  • Tech Stack: Ethereum Blockchain, Solidity, Remix IDE, and Ganache for simulation and testing.

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