As a SORA Card user I want to invite people to order and use SORA Card so that I can help grow the ecosystem and get rewarded for helping grow the ecosystem.
Requirements
Referral link needs to stick to a certain account Referee and referral each receive EUR 40 worth of XOR when:
referee passes KYC AND
referee does at least EUR 1000 volume XOR <> EUR
When the criteria are fulfilled, both the referree´s balance and the referrals balance should automatically receive EUR 40 worth of XOR from a SORA wallet.
Solution
Gatehub operates a single SORA network wallet that monitors transactions to and from its address and automatically converts them to fiat currency as needed. This conversion is performed by sending funds from the wallet's address. By tracking transactions associated with this address, it is possible to calculate the amount of currency conversion that has occurred.
To track historical data and emit the referral payout event, we need to develop a service that can monitor transaction volume and has access to a private key for the referral payment sender's account.
To ensure a successful payout, the wallet must have sufficient funds that can originate from other accounts. However, transactions from these accounts must be excluded from the calculation as they are associated with different addresses.
Flow
Step 1. Service subscribes to the historical blockchain data using Subquery instance:
Step 2. Service initiates the process of computing the traded volume.
It begins by aggregating the trading volume for each unique address linked to the master wallet using from and to responses from Subquery (see https://github.com/soramitsu/sora-card-backend/issues/147). Since the volume needs to be determined in EUR, the service directly retrieves the equivalent EUR value by accessing the corresponding endpoint.
Step 3. Once a certain threshold is reached, a transfer is initiated to the corresponding address. Example in JS.
Tieumsan
commented
1 year ago
User story
As a SORA Card user I want to invite people to order and use SORA Card so that I can help grow the ecosystem and get rewarded for helping grow the ecosystem.
Requirements
Referral link needs to stick to a certain account Referee and referral each receive EUR 40 worth of XOR when:
When the criteria are fulfilled, both the referree´s balance and the referrals balance should automatically receive EUR 40 worth of XOR from a SORA wallet.
Solution
Gatehub operates a single SORA network wallet that monitors transactions to and from its address and automatically converts them to fiat currency as needed. This conversion is performed by sending funds from the wallet's address. By tracking transactions associated with this address, it is possible to calculate the amount of currency conversion that has occurred.
To track historical data and emit the referral payout event, we need to develop a service that can monitor transaction volume and has access to a private key for the referral payment sender's account.
To ensure a successful payout, the wallet must have sufficient funds that can originate from other accounts. However, transactions from these accounts must be excluded from the calculation as they are associated with different addresses.
Flow
Step 1. Service subscribes to the historical blockchain data using Subquery instance:
graphql query { historyElements( first: $countRemote orderBy: TIMESTAMP_DESC offset: $offsetNumber filter: { or: [ { address: { equalTo: "$GateHubWalletAddress" } module: { equalTo: "assets" } method: { equalTo: "transfer" } } { data: { contains: { to: "$GateHubWalletAddress" } } execution: { contains: { success: true } } } ] } ) { nodes { id blockHeight module method address networkFee execution timestamp data } } }Step 2. Service initiates the process of computing the traded volume.
It begins by aggregating the trading volume for each unique address linked to the master wallet using
fromandtoresponses from Subquery (see https://github.com/soramitsu/sora-card-backend/issues/147). Since the volume needs to be determined in EUR, the service directly retrieves the equivalent EUR value by accessing the corresponding endpoint.Step 3. Once a certain threshold is reached, a transfer is initiated to the corresponding address. Example in JS.
Tasks
Web
Mobile
Aha! Link: https://soramitsucoltd.aha.io/features/SC-15