TARS Protocol
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FAQ

Q. What is TARS?

​TARS is a Web3 aggregation protocol providing trustable and composable infrastructures to build the Web3’s Soul and release the potential in Decentralized Society.

Q. Who is the team behind TARS?

TARS Protocol is made by a tech-driven team with considerable experience working with the latest technologies and specifications. The core team members are from Cornell Blockchain, Stanford University, Carnegie Mellon University (CMU) and Microsoft. We currently have 17 employees and are still hiring. Learn more about the details here.

Q. What is the roadmap of TARS?

We’ve listed a series of tasks of the team’s main focus as a to-do list. Kindly check the document below.
Click here to learn more about the roadmap. Please feel free to ask any questions or raise a discussion via the community channel.

Q. What can be built with TARS?

TARS provides a simple, safe, and collaborative infrastructure for crypto users to rebuild influence and trust on Web3. A variety of Web3 utilities can be built with TARS Protocol. Kindly check the document below.

Q. Will the Open API of Web3 KYC system expose users' private data?

We offer several Open APIs for all Web3 applications to access user’s KYC data in real time without leaking user sensitive information. Kindly check the document below.

Q. Is the information on WSP trusted?

Web3’s Soul Profile (WSP) act as verifiable and programmable identities aggregating trustable data. The data on the chain, including NFT avatar, ENS name, SBT Medal and so on, are read according to the address signed by the user, which is not authorized to tamper with actively. The Portfolio section is read through the products of TIMT such as Smart SAFT and Claimer. User has no right to tamper with the information actively. The social medias and company experience of Web2 are bound to the chain after being authorized by the relevant OAuth authentication, and upload to the chain in encrypted way. Users cannot fill in fake information by themselves, and the part of POI(or Testimonial) is written by other TARS users through signature, and users have no right to forge.

Q. Will TARS have privacy issues?

Whether it is Web3 KYC system, WSP or Smart SAFT's Hidden mode, the information on chain is stored in encrypted ciphertext. No one can know the information data inside, so users of TARS can safely upload data on the chain, and no one has the right to know your private information.

Q. What is TARS Space?

At TARS, Space is a Web3 DAO Hub created for managing all Smart SAFTs, portfolios, token vesting, and creating IDO/Private Sale deals shared with the community, etc. Anyone can create a Space at TARS to launch dApps such as Smart SAFT, Claimer, and other dApps.
All the data and information of TARS Space are stored on the chain in a decentralized way, which is the basis of the Credit Data Network.

Q. How to create a Space at TARS?

Creating Spaces takes just a few clicks. Here we take the Ethereum network as an example.
  • Connect your wallet and choose Ethereum.
  • Navigate to Dashboard > My Space > Create Space. Type your Space name and click “Submit”. Make sure there’s ETH in your wallet as gas fees.
  • Now your Space has been successfully created. You can tap on Request Verification to unlock more features, or directly launch Smart SAFT/Claimer dApp (coming soon).

Q. What are the benefits of Verified Space?

At TARS, Verified Space means the Space and its owner have been verified by the TARS operating team. The benefits and privileges of Verified Spaces are as follows:
  • Receive a green Verified badge next to their Space Name.
  • Gain a dedicated, unique and short URL created according to Space Name.
  • Edit the Space Profile including Space Name, logo, description, website, Twitter, Discord, Telegram, etc.
  • Be included in the Space List page and able to be searched by the public.
  • SAFTs created will be listed on the Explore page and able to be filtered and searched by the public.

Q. How to verify my Space?

At TARS, all Space Owners are eligible to request verification. If you want to verify your Space, kindly submit a request here. For the Space Verification Program, kindly check the document below.

Q. What is Smart SAFT?

At TARS, everyone can effortlessly draft an on-chain proposal for the deal including all key terms with the counterparty (token buyer/seller), which is called Smart SAFT.
As we know, projects secure funds in early stages through mutually signed legal documents called Simple Agreement for Future Tokens (SAFT). Compared with traditional SAFT legal documents, Smart SAFT provides effective constraints and security by smart contracts, and protection for the crypto users' investment in the primary market on Web3.

Q. How to launch the Smart SAFT?

If you want to launch Smart SAFT, make sure you already have a Space at TARS, otherwise, you need to create one first:
  • Navigate to Dashboard > My Space > Create Space to create a Space at TARS.
  • Navigate to Dashboard > My Space > New SAFT to launch Smart SAFT.
As the proposer of the deal, the Space Owner needs to fill out the form in the popup to successfully launch the Smart SAFT, total three sections including Project Info, Token Info and Fundraising Detail.
Click here to learn the detailed user guide about How to Launch Smart SAFT.

Q. How to list my SAFT on the Explore page of TARS website?

SAFTs created by Verified Space Owners will be automatically displayed on the Explore page of the TARS website. Kindly submit a request for verification here.

Q. What is TARS NFT Receipt?

TARS NFT Receipt is the world's first Non-Fungible Tokenized Receipt on Web3, as the proof of purchase when the token buyers/investors buy tokens through Smart SAFT, records their deal information and will be swapped into Non-TradableToken (NTT) to power the Credit Data Network in DeSoc. NFT Receipt can be minted to unlock multiple benefits including token presale whitelist, airdrops, NFT exclusive farming, a lottery for free of charge, swap into Non-TradableToken (NTT), etc.

Q. How to mint the NFT Receipt?

TARS NFT Receipts can be minted only by the token buyers/investors when they buy tokens through Smart SAFT, which will charge them an extra 1% of the total investment.
If you want to mint the NFT Receipt, make sure you can participate in buying tokens in any Smart SAFTs at TARS. The NFT Receipt fees will be charged once the token buyers/investors approve the minting while they deal with the payment to buy tokens in Smart SAFT.
Once the payment is finished, the token buyers/investors will be able to check the NFT Receipt by navigating to Dashboard > My NFT.

Q. What is DPF?

DPF (short for Dynamic Penalty Function) is designed by TARS and followed by Claimer to limit adjusting token vesting during the period, which is calculated according to the following formula:
z=k⋅ΣCeil(Abs(x−y))z = k · ΣCeil(Abs(x-y))
The symbol Σ (sigma) is used to denote a sum of multiple terms.
The Ceil() method rounds a number UPWARDS to the nearest integer and returns the result.
The Abs() function returns the absolute value of a number.
The z refers to the total amount of penalty that the proposer will pay if all adjustments to the token claim rules are completed by the Claimer smart contract.
The k refers to the specific fines per hour.
The x refers to the adjusted claim time of the specific batch.
The y refers to the initial claim time of the specific batch.
The unit to Abs(x-y) should be an hour/hours.
​
According to the DPF, the more times of the adjustment or the larger the adjustment range, the higher the total fine the proposer will pay.

Q. Where can I find information about token sales or investments?

We will announce details about the $TARS token sale in due course. Please stay tuned. Be careful with fake Telegram groups or social media links impersonating TARS. We do not tolerate illegal practices of any nature. Kindly check the authenticity of your TARS sources (e.g. telephone numbers, emails and URLs) via TARS Authenticity Check.​

Q. What is the tokenomics of $TARS?

We haven’t announced the finalized tokenomics yet. But for sure, we will reward early adopters at TARS who are using Spaces, or minting NFT Receipts through Smart SAFTs, etc. Please stay tuned.

Q. Is TARS Protocol safe? Has it been audited?

As a decentralized ecosystem built for Web3, the protocol’s security is our top priority as always. TARS Protocol smart contracts have completed the double audits process by Certik and PeckShield, the top security auditors in the industry. For details, please read the audit report as follows:
Before any new features are released, we’ll first complete internal audits and third-party audits, and will regularly re-audit all contract code to ensure its security.