💰BARK
BARK is currently under active development. All technical information provided below is subject to refinement until the official beta release on December 15th, 2024. The DogWifHeart team is dedicated to delivering a secure and efficient system, and may adjust features or implementation details to optimize performance and security.
BARK (Blockchain Automated Rewards Keeper) is DogWifHeart's in-house developed backend service designed to manage the bi-weekly Rewards distribution. This technical overview provides insights into BARK's architecture, functionality, and security measures. For detailed information about the Rewards Program, please visit The PAWS Protocol Wealth-building Pillar page here.
Core Functionality
Automated Reward Distribution
Bi-weekly WIFH reward airdrops to eligible wallets (15th and last day of each month)
Automated wallet snapshots synchronized with distribution schedule
Precision reward calculation: 10% APR, compounded bi-weekly
Blockchain-verified transactions for each distribution
Scalable architecture to accommodate growing user base
Cross-Chain Compatibility
Initially designed for Solana blockchain
Adaptable for future multichain expansion (Ethereum, Binance Smart Chain, Base)
Technical Architecture
Development Timeline
Beta Release: Scheduled for July 15th, 2024
First Airdrop: July 15th, 2024
Subsequent Airdrops: Every 15th and last day of the month
Backend Infrastructure
Developed as a DogWifheart in-house solution to meet specific requirements for Loyalty Rewards Program
Operates on secure, dedicated servers inaccessible to external users
WIFH Security Measures
Security Pillar Secure Wallet Management
Vesting contract → Cold storage → BARK's software hot wallet
New hot wallet generated for each airdrop distribution cycle
Transparency
All fund movements logged on WatchDog for public verification
Clear explanations provided for each transaction
Open-Source Development
GitHub Repository: https://github.com/DogWifHeart/BARK
Community engagement: Code review, auditing, and contribution opportunities
Future Enhancements
Multichain Expansion
Adaptation for Ethereum, Binance Smart Chain, and Base
Integration with appropriate API services for each network
Continuous Improvement
Ongoing development based on community feedback and technological advancements
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