Discussion on Smart Contract Asset Carriers: Fixing Address Mistakes

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#1Nov 13, 2024, 05:46 AM
Hey everyone, Let's chat about this issue we’ve all probably seen: sending crypto to the wrong address because of a typo or clipboard malware. It’s a real bummer, right? In standard EVM networks, once you send it, it’s gone no turning back. So, I wanted to share an idea we've been working on over at the Base Network: Smart Contract Asset Carriers. Here’s the lowdown: instead of sending tokens straight from Wallet A to Wallet B, users would put their funds into a decentralized "Carrier" (which is basically a smart contract). Now about the reversal logic: this carrier manages the transaction. If it tries to send funds to a known dead address, or if it doesn’t meet certain safety checks, the contract is set up to send the assets back to the sender safely. And here's the twist: we’ve added an economic layer to keep it going enter the P2P Rental Market. If you own a carrier, you can rent it out. Whenever someone uses your carrier to send their funds safely, you snag a 10% royalty from the protocol transfer fee. So, I’ve got some questions for the seasoned pros here: 1. Do you think using utility contracts for transfers is a solid safety measure for everyday users, or does it just complicate things? 2. Has anyone seen successful examples of automated P2P rental yields for on-chain utility assets? Also, we’re looking for real users to test this out (free allocation available) so we can get some genuine feedback.
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