Orange LP Mining
ID 1439234347
About Orange
Orange (ticker: ORA) is a "mineable" Algorand Standard Asset fully managed by an open-source smart contract. It operates similarly to Bitcoin (ticker: BTC), where multiple parties can compete to earn a coin in a decentralized trustless manner. The mining mechanism of ORA is based on transaction fees: whenever any account submits a "mine" (juice) application transaction, the fee paid to the Algorand protocol is saved in the contract. The miner with the total highest amount of fees paid in total that has submitted a "mine" transaction within a given period is rewarded & coins are sent automatically after the next period of juicing, while their (and only their) total amount of fees paid is reset to zero. Fee effort is cumulative: only the winner has his effort reduced - even slow juicers eventually will reach the top, no matter which round. This means that ORA functions both as a store of value & as a way to reward users increasing the Algorand network throughput.
Application ID
1439234347
Block
35713627Timestamp
Jan. 31, 2024, 4:33 p.m.
Creator
ORANGESCU7XMR2TFXSFTOHCUHNP6OYEPIKZW3JZANTCDHVQYMGQFYFIDDAApplication Address
G6B5L2B3GSLJQTC5THSGSJMTJ4EN3SBF3IW5PI7XEEKYH6WXN6UGY4XAXQDeleted
False
Global State Schema
numByteSlice: 32
numInt: 32
Local State Schema
numByteSlice: 0
numInt: 0
Extra Program Pages
3
Base64
Decompiled
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Base64
Decompiled
Cg==
lastSpent
uint
880509120535
manager
bytes
dEDTEkKn7sjqZbyLNxxUO1/nYI9Cs22nIGzEM9YYYaA=
poolToken
uint
1294765516
baseTxnFee
uint
2444
lastRewards
uint
2200545812812
minDeposit
uint
500000
miningToken
uint
1284444444
poolAddress
bytes
nERMdpk0wTNMvVbpzSGDnz3x8Iev5dZhIWLZgEcJdko=
pendingCost
uint
356568
totalSpent
uint
880509120535
lastPriceRound
uint
38637716
marketRateBps
uint
10000
spentPerToken
bytes
AAAAAAAAClXzdQpaVnc3qw==
poolApplication
uint
1002541853
rewardPerToken
bytes
AAAAAAAAJ8ljrtrIZsabhw==
totalDeposited
uint
0
totalWithdrawn
uint
2184039660211
miningApplication
uint
1284326447
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