Core Smart Contracts

The BanterBucks Ecosystem is underpinned by a series of core smart contracts that govern its operations, token dynamics, and user interactions. Central to this ecosystem are the BanterBucks Token (BANTERBUCKS) contract, a BEP-20 compliant token, and the BanterBucks Wealth Fund (BBWF) tokens contract, utilizing the ERC-1155 standard for multi-token support. These contracts are meticulously designed to ensure security, efficiency, and scalability, supporting the ecosystem's wide array of DeFi services.

BanterBucks Token Contract (BEP-20)

Functionality and Design

The BanterBucks Token (BANTERBUCKS) serves as the primary medium of exchange, governance, and rewards within the ecosystem. The contract is deployed on the Binance Smart Chain (BSC) to take advantage of its high throughput and low transaction costs, essential for DeFi operations.

• Minting Mechanism: The BANTERBUCKS contract includes a controlled minting function that allows for the expansion of supply under predefined conditions, such as liquidity pool rewards or staking incentives, ensuring the token supply is responsive to ecosystem needs without causing undue inflation.

• Transaction Taxation and Burning: To promote token value and ecosystem sustainability, the BANTERBUCKS contract implements a transaction tax mechanism. A percentage of each transaction is automatically allocated towards liquidity pools, development funds, and a burning address, effectively removing tokens from circulation and encouraging long-term holding.

• Governance Participation: Holding BANTERBUCKS enables users to participate in the ecosystem's governance processes. The contract includes functionalities that allow token holders to vote on proposals, influencing the direction and development of the ecosystem.

// Example snippet of a BEP-20 token contract with a transaction tax and burn mechanism 
pragma solidity ^0.8.0;

import "@pancakeswap/pancake-swap-lib/contracts/token/BEP20/BEP20.sol";

contract BanterBucksToken is BEP20 { 
    uint256 public burnRate = 2; // 2% of the transaction is burned 
    uint256 public taxRate = 3; // 3% of the transaction is taxed for ecosystem development
    
    constructor() BEP20("BanterBucks Token", "BANTERBUCKS") {
        _mint(msg.sender, 1000000 * 10**18); // Initial minting
    }

    function _transfer(address sender, address recipient, uint256 amount) internal virtual override {
        uint256 burnAmount = amount * burnRate / 100;
        uint256 taxAmount = amount * taxRate / 100;
        uint256 transferAmount = amount - burnAmount - taxAmount;
        super._transfer(sender, address(0), burnAmount); // Burn tokens
        super._transfer(sender, address(this), taxAmount); // Allocate taxes
        super._transfer(sender, recipient, transferAmount); // Transfer the remaining amount
    }
}

BBWF Tokens Contract (ERC-1155)

Multi-Token Flexibility and Utility

The BBWF tokens contract leverages the ERC-1155 standard to offer a versatile framework for issuing and managing multiple token types within a single contract. This approach is particularly well-suited for representing various assets and rights within the BanterBucks Ecosystem, from staking proofs to governance tokens.

• Efficient Asset Management: The ERC-1155 standard allows for the batch processing of transactions, reducing gas costs and enhancing transaction efficiency, which is crucial for DeFi applications where users may interact with multiple token types simultaneously.

• Enhanced Token Utility: BBWF tokens can represent a diverse range of assets and rights, each with unique properties and uses within the ecosystem. This includes tokens that confer voting rights in the ecosystem's governance, tokens that represent a share in the ecosystem's treasury or liquidity pools, and tokens that can be staked for rewards.

• Interoperability and Composability: The use of ERC-1155 on BSC ensures that BBWF tokens can easily interact with other contracts and services within the BSC ecosystem, fostering a rich environment of composability and integration.

  // Example snippet of an ERC-1155 token contract for the BBWF tokens 
  pragma solidity ^0.8.0;
  
  import "@openzeppelin/contracts/token/ERC1155/ERC1155.sol";
  
  contract BanterBucksWealthFund is ERC1155 { 
      constructor() ERC1155("https://api.banterbucks.com/metadata/{id}.json") { 
          // Contract initialization 
      }
      
      function mint(address account, uint256 id, uint256 amount, bytes memory data) public {
          // Minting logic for BBWF tokens, accessible by authorized accounts
          _mint(account, id, amount, data);
      }
  
      function burn(address account, uint256 id, uint256 amount) public {
          // Burning logic for BBWF tokens, allowing users to "redeem" or "use" tokens for specific actions within the ecosystem
          _burn(account, id, amount);
      }
  }