Social Tokens

Our platform empowers users to create and manage social tokens through an innovative bonding curve mechanism. This dynamic pricing model ensures that as more tokens are issued and the number of Farcaster followers grows, the value of each token rises accordingly. To further enhance user engagement, our system mints additional bonus tokens using Pyth Oracel, which generates random percentages based on the ETH/USD Price Feed. This approach not only incentivizes participation but also continuously increases the token’s value as the platform expands. By leveraging these features, new platforms can effectively generate tokens, drive user engagement, and benefit from a growth-driven pricing structure.

We use Solidity and Foundry for smart contract development and testing. For data and randomization, we rely on the Pyth Oracle to generate random percentages and provide user bonuses. To fetch user counWe use Solidity and Foundry for developing and testing our smart contracts, ensuring robust and reliable code. For data and randomization, we rely on the Pyth Oracle to generate random percentages, which are then used to provide bonuses to users. To obtain and integrate Farcaster user counts into our platform, we utilize the Farcaster API via Airstack. This setup helps us maintain dynamic and up-to-date user metrics.ts, we utilize the Farcaster API via Airstack.