diff --git a/contracts/src/lib.cairo b/contracts/src/lib.cairo
index 7534f5db..1641da13 100644
--- a/contracts/src/lib.cairo
+++ b/contracts/src/lib.cairo
@@ -12,3 +12,4 @@ pub mod timelock;
 pub mod ConstantProductAmm;
 pub mod upgradable;
 pub mod random_num;
+pub mod simple_storage;
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diff --git a/contracts/src/simple_storage.cairo b/contracts/src/simple_storage.cairo
new file mode 100644
index 00000000..07e5bae8
--- /dev/null
+++ b/contracts/src/simple_storage.cairo
@@ -0,0 +1,104 @@
+#[starknet::interface]
+trait ISimpleStorage<T> {
+    fn set(ref self: T, x: u128);
+    fn get(self: @T) -> u128;
+    fn increment(ref self: T, amount: u128);
+    fn decrement(ref self: T, amount: u128);
+}
+
+#[starknet::contract]
+mod SimpleStorage {
+    use starknet::storage::{StoragePointerReadAccess, StoragePointerWriteAccess};
+    use starknet::ContractAddress;
+    use starknet::get_caller_address;
+    use starknet::info::emit_event;
+
+    #[event]
+    #[derive(Drop, starknet::Event)]
+    enum Event {
+        StoredDataChanged: StoredDataChanged,
+    }
+
+    #[derive(Drop, starknet::Event)]
+    struct StoredDataChanged {
+        old_value: u128,
+        new_value: u128,
+        caller: ContractAddress
+    }
+
+    #[storage]
+    struct Storage {
+        stored_data: u128,
+        owner: ContractAddress,
+    }
+
+    #[abi(embed_v0)]
+    impl SimpleStorage of super::ISimpleStorage<ContractState> {
+        fn set(ref self: ContractState, x: u128) {
+            let caller = get_caller_address();
+            let owner = self.owner.read();
+            assert(caller == owner, 'Unauthorized: Only owner');
+            
+            let old_value = self.stored_data.read();
+            self.stored_data.write(x);
+            
+            emit_event(
+                self, 
+                Event::StoredDataChanged(StoredDataChanged { 
+                    old_value: old_value, 
+                    new_value: x,
+                    caller: caller
+                })
+            );
+        }
+
+        fn get(self: @ContractState) -> u128 {
+            self.stored_data.read()
+        }
+
+        fn increment(ref self: ContractState, amount: u128) {
+            let caller = get_caller_address();
+            let owner = self.owner.read();
+            assert(caller == owner, 'Unauthorized: Only owner');
+            
+            let current = self.stored_data.read();
+            let new_value = current.saturating_add(amount);
+            self.stored_data.write(new_value);
+            
+            emit_event(
+                self,
+                Event::StoredDataChanged(StoredDataChanged { 
+                    old_value: current, 
+                    new_value: new_value,
+                    caller: caller
+                })
+            );
+        }
+
+        fn decrement(ref self: ContractState, amount: u128) {
+            let caller = get_caller_address();
+            let owner = self.owner.read();
+            assert(caller == owner, 'Unauthorized: Only owner');
+            
+            let current = self.stored_data.read();
+            let new_value = current.saturating_sub(amount);
+            self.stored_data.write(new_value);
+            
+            emit_event(
+                self,
+                Event::StoredDataChanged(StoredDataChanged { 
+                    old_value: current, 
+                    new_value: new_value,
+                    caller: caller
+                })
+            );
+        }
+    }
+
+    #[constructor]
+    fn constructor(ref self: ContractState) {
+        let deployer = get_caller_address();
+        self.owner.write(deployer);
+        self.stored_data.write(0);
+    }
+}
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