Paid Network (PAID)

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Revision as of 02:24, 15 March 2021 by wiki_crypto>Zeb.dyor (→‎Bugs/Hacks)
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Basics

"A decentralized finance (DeFi) app that loosely describes itself as a smart contract program for businesses."

History

Token

Launch

Token Allocation

Utility

Other Details

Stablecoin

Coin Distribution

Technology

  • Whitepaper can be found [insert here].
  • Code can be viewed [insert here].

Implementations

  • Built on:
  • Programming language used:

Transaction Details

How it works

Mining

Staking

Liquidity Mining

Scaling

Interoperability

Other Details

Privacy Method

Compliance

Oracle Method

Their Other Projects

Governance

DAO

Treasury

Upgrades

Roadmap

  • Can be found [Insert link here].

Audits

Bugs/Hacks

"Has been exploited through the contract’s token minting feature. Some 60 million PAID tokens, worth about $37 million at press time, have been wrongly created."

  • Rekt wrote about potential insider jobs or one founder rugging the other founder (5-3-2021);

"@n2ckchong’s finding seems to correlate with this suggestion, as he pointed out that “Paid Network's deployer, an EOA, transferred ownership of a contract to the attacker 30 mins before the mint.”"

  • Incidentaly, Paid had a partnership announcement with PolkaCover the same day. The announcement seems to be just before the hack.

Usage

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding, Partnerships, etc.

Team

  • Full team can be found [here].
  • Kyle Chasse; CEO "a Youtuber and self-proclaimed “master disruptor crypto OG”" (5-3-2021)

Funding

Partners

(:

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