Few and Far — February Development Recap
Greetings FnF community — February flew by and crypto spring is in the air, so we’re sharing exciting development updates that unfolded this past month.
Note: FAR Token’s Mainnet deployment is imminent —if you didn’t catch it, brush up on: ‘How to prepare’ before it arrives.
This month marked significant achievements in preparing for our upcoming TGE, including rigorous smoke tests of all contracts (plus our Web3 Platform and the Blockchain Indexer) and cleaning up NEAR’s Wallet Selector code to remove any blockers for Early Backers receiving usable FAR Tokens.
Summary
Testing is essential to any product release, especially when working with blockchains, so before deploying FAR Token on NEAR’s Mainnet we’re assessing and validating all of our smart contracts.
This includes security, performance, and functionality — even though it ain’t sexy, we wanted to share the tests with you to demonstrate how seriously we’re taking things.
Enhancing Our NFT Marketplace
We’ve implemented new logic for burning and transferring tokens within our NFT Marketplace*.
This update is crucial for optimizing royalty fee allocations and enhancing the token economy.
A comprehensive retesting of marketplace functionalities has been conducted following its deployment on an updated contract, including (a) Deploy and initialize marketplace contract, (b) NFT listing, (c) NFT offer, (d) Cancel offer, (e) Accept the offer, (f) NFT buy, and (g) Royalty fee transfer after sales.
*If you haven’t already done so, explore Digital Collectibles on Few and Far’s NFT Marketplace, which beta launched on July 29, 2022)
Improving Our “Burn” Contract
We redefined our ‘burn’ contract’s logic to ensure that all revenue generated in $NEAR from Few and Far’s Market gets converted into FAR Tokens (and jives with the FnF Protocol).
It involves converting all received marketplace currencies into our platform’s native tokens and ensuring their success—contributing to our token’s value stabilization.
Key functionalities tested include (a) Token registration, (b) NEAR Token deposits, (c) Fungible token burning, and (d) Balance inquiries post-burn.
Tightening the Screws on Our Vesting Contract
We’ve initiated testing on our vesting contract, which is crucial for managing token allocations and releases. This process involves:
- Creation, deployment, and initialization.
- Allocation transfers and additions.
- Vesting start checks, unlockable token verifications, and detailed lock/unlock schedules.
- Implementing functions for releasing tokens, account management, and blacklist modifications
Beefing Up Security
In our ongoing efforts to fortify the platform’s security, we’ve identified and addressed a vulnerability related to reentrancy attacks. By incorporating a state management system, we ensure that token releases for early backers are securely managed.
Deploying Wallets to Mainnet
A significant milestone achieved is the structured deployment of all Mainnet wallets. This includes creating a robust wallet infrastructure and configuring all related contracts to streamline operations.
Production Testing
Our team has diligently deployed and tested all contracts on the production environment, reaffirming the stability and functionality of our NFT marketplace. This encompasses a thorough review of listings, offers, transactions, and the onboarding process.
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Follow us on Medium and ‘X’ (Formerly Twitter) to hear about token news and general project updates.
In the interim, learn more about FAR Token by reading our Tokenomics — or create an account on our NFT Marketplace.
Plus—a friendly nudge—visit our website and socials
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