FAGOT.ai Docs
  • Welcome to $FAGOT – First AI Gatekeeper of Transactions
  • WHY IT MATTERS
  • Quickstart
  • Use Cases
  • WHY $FAGOT WORKS
  • HOW $FAGOT WORKS
  • Tokenomics
  • Basics
Powered by GitBook
On this page

HOW $FAGOT WORKS

PreviousWHY $FAGOT WORKSNextTokenomics

Last updated 13 days ago

$FAGOT is a decentralized, open sourced, AI-powered blockchain transaction verification platform

$FAGOT is engineered to address four common blockchain interaction scenarios, each with tailored background data retrieval and risk analysis workflows:

  1. Smart Contract Interaction (Type 1):

    • User Action: Initiating a transaction to interact with a smart contract.

    • Required Data:

      • Contract code

      • Contract ABI

      • Transaction data (tx data)

    • Analysis Process: The system retrieves the contract code and ABI using our dedicated “Contract Data Retrieval Tool” and then combines this information with the user’s transaction data to perform a comprehensive audit.

  2. ERC20 Token Operations (Type 2):

    • User Action: Executing token operations such as approvals or transfers.

    • Required Data:

      • Historical transaction records of the target address

      • If the target is a smart contract, its contract code and ABI are also fetched

    • Analysis Process: Our “Transaction History Retrieval Tool” queries the target address’s past transactions. If the target is identified as a smart contract, the “Contract Data Retrieval Tool” is additionally employed to analyze the contract’s code and ABI.

  3. ETH Transfer (Type 3):

    • User Action: Initiating an ETH transfer.

    • Required Data:

      • Historical transaction records of the target address

      • If the target is a smart contract, an analysis of its contract code and ABI is also performed

    • Analysis Process: Similar to ERC20 operations, the system examines the target address using our Transaction History Retrieval Tool and, if necessary, the Contract Data Retrieval Tool.

  4. Signature Request (Type 4):

    • User Action: Signing a message (e.g., for authorization or granting permissions).

    • Required Data:

      • The raw content of the message to be signed

    • Analysis Process: The “Message Analysis Tool” extracts and examines the raw message content, assessing whether the action could impact your wallet assets.