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 and must submit an edgeware 32 byte hex public key and their interest in staking as a validator. The scripts 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 use the script /scripts/lockdrop.js, ensure you have a local Ethereum connection
node ./scripts/lockdrop.js
Usage: lockdrop [options]
Options:
-V, --version output the version number
-b, --balance balance
-l, --lock lock
-u, --unclock unclock
--lockers lockers
--ending poll when the lockdrop lock period is ending
--lockLength <length> lockLength - (3, 6, or 12)
--lockValue <value> lockValue
--pubKey <key> pubKey in hex
--isValidator isValidator
-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.