Skip to main content

id: token-system

Token System

TARO Token Overview​

Token Details​

  • Name: TARO Token
  • Symbol: TARO
  • Network: TON Blockchain
  • Use Case: Platform utility and governance token

Token Economics​

  • Total Supply: Dynamic based on platform usage
  • Initial Distribution: Controlled release
  • Burning Mechanism: Implemented for deflationary effect
  • Value Backing: Service utility and platform growth

Token Management​

Balance Operations​

  • Real-time balance tracking
  • Balance notifications via Redis
  • Formatted balance display
  • USD value calculation

Transfer Functions​

  • User-to-user transfers
  • Percentage-based transfers
  • Burn operations
  • Admin distribution controls

Supply Management​

  • Total supply tracking
  • Circulating supply calculation
  • Locked token tracking
  • Supply adjustment mechanisms

Integration Features​

Redis Implementation​

  • Balance caching
  • Real-time updates
  • Subscription system
  • Data persistence

Pricing Service​

  • USD value calculation
  • Dynamic pricing
  • Cost estimation
  • Value tracking

Administrative Controls​

Token Commands​

  • /token init - Initialize token system
  • /token push - Distribute tokens
  • /token pull - Retrieve tokens
  • /token burn - Burn tokens from circulation

Management Features​

  • Multi-admin support
  • Operation validation
  • Transaction logging
  • System monitoring

User Features​

Balance Management​

  • Balance checking
  • Transfer capabilities
  • Usage tracking
  • History viewing

Transaction Features​

  • Transfer confirmation
  • Receipt generation
  • Transaction history
  • Status tracking

Technical Implementation​

Token Service​

  • Balance management
  • Transfer processing
  • Supply tracking
  • Event handling

Formatter Service​

  • Balance formatting
  • Message formatting
  • Value representation
  • Localization support

Security Measures​

Access Control​

  • Admin validation
  • Operation limits
  • Transfer restrictions
  • System safeguards

Data Protection​

  • Secure storage
  • Transaction validation
  • Error handling
  • Audit logging

Monitoring & Analytics​

Transaction Tracking​

  • Operation logging
  • Usage analytics
  • Performance metrics
  • Error monitoring

NEXT_TASK: Implement comprehensive transaction tracking system with operation logging, usage analytics, and performance metrics

System Health​

  • Balance reconciliation
  • Supply verification
  • System integrity checks
  • Performance monitoring