TECHNICAL GRANT APPLICATION – TOKENOMIX $TKX PROJECT – TIER 1 $5K
APPLICATION INTRODUCTION
Conflux dont have safemoon fork 
No, i dont intent to fork safemoon. But i got a better idea.
To start lets talk about how safemoon works:
Safemoon is token that integrated directly to pancakeswap.
It take 10% fee on every trade. This fee will be redistribute to:
- existing holder as token. previous holder will see their token increase within wallet
- some percentage will be converted as liquidity in pancakeswap
- some percentage will be sent to development treasury
Safemoon also promoted as fair launch token
Those points seems interesting but it cannot prevent whale and first mover to dump to users
Tokenomix will have better features by different approach.
It will have its own dex for pair $TKX/$CFX
- 7.5% trading fee will be used to ensure price increase. this better than to have amount token increase in wallet but the price down like safemoon do
- 70% cfx within dex will be used in pos pool staking. 30% cfx will stay as reserve
- Anti whale system: limit cfx traded per transaction, limit total trade on day basis
TEAM: Single anon developer - may open identity privately. Fullstack dev + smart contract 3 years experience.
CURRENT FUNCTIONALITY: -
TECHNICAL PROPOSAL
Proof of concept dapp deployed on testnet. Dapp will show proofs of these features:
- 7.5% trading fee used to increase price
- anti whale system implemented
- max trade quota
- max daily trade quota
- 70% cfx within dex/treasury can be staked in pos pool (may use dummy pos pool - because no pos pool on testnet)
- a system to ensure reserve cfx always above 30%
Performance : limited to conflux tps & ipfs availability
Supportability : browser supported by fluent wallet
Packaging : source code in github + frontend on ipfs + backend on heroku
Legal / Licensing : MIT
SYSTEM MODEL
TBA
Scenarios
- trading process: TBA
- treasury staking process: TBA
DEVELOPMENT ROADMAP
Phase 1 Alpha - Research and Testnet (current funding request)
Funding: $5K
Duration: 1 month
Deliverable:
- smart contracts deployed and verified on conflux testnet
- frontend deployed on ipfs
- fluent wallet integration
- backend bot for offchain operation on heroku
Phase 2 Beta - Limited Mainnet & Audit
Funding: TBA
Duration: TBA
Deliverable:
- smart contract deployed and verified on conflux mainnet
- limited users
- connected to pos staking smart contract
- audit result
- fix result
- TBA
Phase 3 Production - Mainnet & Growth
Funding: TBA
Duration: TBA
Deliverable: TBA
MAINTENANCE CONSIDERATIONS: no maintenance cost on current funding