limitlesswax

A new cpu renting system on the WAX blockchain

Created with help from the WAX development team and community members Vaaaan & deraXyna.

Allowing anyone to rent cpu or deposit wax and earn from renting to others.

The price is dynamically set between a 1% and 10% fee and it changes everytime someone deposits/withdraws/rents/returns wax.

Users are limited to how much they can rent in a single transaction but can make multiple requests as long as there is wax available. There is also a free system implemented but it has limits too.

Public code: https://github.com/cpu4youu/cpu4youu.github.io

Users can interact with the smart contract in a number of ways

The system will be open for 1 week before allowing users to deposit their own wax to earn. If users find bugs there is a bug bounty program on discord.

Request CPU for Self

The system dynamically creates a price for the staked wax given the current supply, total loaned out, number of days, and amount user requests. Then that wax is sent to a minion account and staked to the user for the given time.

Request Free CPU

As long as this account has wax it will send in a specified amount to the main contract requesting cpu as if it was a regular user.

Deposit to Earn

Users can also deposit wax to earn 70% of the total fees collected.

Request CPU for Others

Similar to requesting to yourself, this does the first few steps but then directly stakes to the user specified. This can be sent from anyone for anyone else.

Update Collected Fees

This method is not required but will immediately update the table entry with how much wax the user has. This function will update the fees in the contract table and show you how much you could withdraw in total.

Withdraw Deposited Wax

At any time a user can request to withdraw deposited wax. A user can make as many withdraw requests as they want up to the total wax they have deposited. If there is not enough liquid wax, as more gets unstaked it will be sent in order to users in line to withdraw.

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Frequently Asked Questions

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