Please describe your proposed solution

How we perceived the problem

As the ecosystem grows, the numerous protocols/tokens appear gradually presenting several challenges.

• Tracking other wallets' activities/portfolios and advanced analytics around tokens such as staking profit dashboard, holder distribution, etc.. are still considered a premium feature that requires costly NFT to access.
• Users need alerts on time for big transfers/whale movements related to their holdings
• Users find it difficult to find the person behind a wallet for friendly recommendations or good offers from their holdings as the main channel Community interacts with others through Discord and Twitter where their portfolio and holdings are not visible.

We aim to introduce a free data analytics tool with comprehensive token/wallet info to enhance equality and transparency. As a base of an analytics tool, and enrichment info around tokens and wallets' activities, we keep enhancing our application with different add-on features such as proactive notification user-specific, public chat, etc to tackle the mentioned problems.

Our features:

• Token 360: This is a place where everyone can find comprehensive information about tokens including holders' distribution, token supply, floating supply Liquidity flow, staking chart overtime, lending, borrowing, farming position, and profit dashboard over time but not limited to.
• Portfolio: By collecting all information around wallets, everyone could access portfolio pages to understand their activities as well as active positions across protocols. For instance, their CDP positions on Indigo, Lend/Borrow position on Lenfi, Levvy, Liquidity provisioning across DEXs, etc.
• Proactive Notification: To enhance our application, we also introduce a smart alert feature allowing users to receive proactive notifications based on their portfolio. We will start with extracting the top holdings of wallets with some threshold like holding value in ADA, and top 10% tokens in wallets and combine them with big transfers or whale movements. These numbers and configurations are subject to change based on users' feedback and our observations over time.
• Public Chat: A feature allowing wallets to chat with others by sending lightweight messages on-chain. Once everyone goes to the portfolio page of a wallet, they can see all messages sent to that wallet by other wallets. As a result, everyone could connect for recommendations or juicy offers to reduce DEXs fee or slippage for instance.

Our reasons for approaching it in the way that we have

The reason we started developing this analytic tool is because analytic tools themselves provide a broader vision for users to understand what happening in the ecosystem. Additionally, by being aware of the mentioned problems. Combined with our prior experience working with big data, we do know that collecting, and analyzing massive data is our expertise. We feel that we could provide proper solutions and have sufficient capabilities to implement them smoothly to drive a better experience Cardano community.

Who will our project engage

As a data tool, our project will engage the entire Cardano community doesn't matter who you are holders, traders, liquidity providers, lenders, etc. Our project will be useful regardless strategy you prefer.

How we will demonstrate or prove our impact

Key metrics such as pageview, unique users, and daily active users will be evaluated to prove the effectiveness of our solution. Furthermore, the recognition of users and other projects in the ecosystem will prove our influence too.

Please define the positive impact your project will have on the wider Cardano community

Value to the Cardano Community

Our project will break barriers to using advanced analytics and tracking wallets' activities in the ecosystem. Without paying extra fees, equality and transparency will be enhanced in the community.

Measurement of Impact:

By monitoring pre-defined key metrics, and website activities such as daily active users and weekly active users, we could track the adoption of the project

Sharing Outputs and Opportunities:

All project results will be published on the website and can be easily accessed and used by anyone daily. To broaden our results, we will also share them through our partner projects' Twitter and Discord.

In addition, we will publish a technical article frequently which provides a detailed explanation of the analysis process, including the data collection and analysis process so that anyone can easily understand the data pipeline and analysis results.

What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?

Our team is made up of highly qualified and talented people with diverse backgrounds in software development, and data analysis, demonstrating our skills. Realizing existing pain points. Combined with our prior experience working with big data, we do know that collecting, and analyzing massive data is our expertise. We think that we are a good fit for delivering this project.

Moreover, with prior experience working and implementing analytics tools on other chains, we could there are many different analytics tools in the Ethereum ecosystem (Debank, Nansen, etc…) that have been very successful, this makes us more confident in the success of the product.

Finally, we joined the Cardano space in 2021 and have completed several Cardano courses including the Plutus Pioneer Program 3rd, 4th, and Cardano Blockchain Alpha Program. Also, our MVP completed the basic feature where users can manage their Assets, delegation performance, and transaction history as well as wallet's positions and trading activities from 11 protocols including Minswap, Sundaeswap, Wingriders, Spectrum, Muesliswap, TeddySwap, Vyfi, Levvy, Lenfi, CherryLend, and Indigo.

Our website demo

<https://www.youtube.com/watch?v=-Km42X4tJhY>

What are the key milestones you need to achieve in order to complete your project successfully?

Milestone 1: Milestone output(s):

The following items should be completed:

1. Set up the project/development flow and infrastructure
2. Deploy the first version of the website on production including token360 and portfolio feature.
3. Fix incorrect data if any

Acceptance Criteria:

1. The website is deployed on the production, ready for users to explore
2. Token 360 is ready for production which includes Real-time historical trading across 7 DEXs (Minswap, Spectrum, Sundaeswap, Wingriders, Muesliswap, Vyfi, Teddyswap). Token holders' statistics, Loan history across 3 lending protocols (LenfiV1, Levvy, CherryLend)
3. Manage portfolio for token balance, NFTs, historical transactions, delegation performance, staking, farming, lending, LP positions, and CDP (Indigo) across listed protocols are ready to show.

Milestone 2: Milestone output(s):

The following items should be completed:

1. Build a dashboard for monitoring project performance
2. Integrating data LiqwidV2, LenfiV2
3. Integrate new AMM DEX: Cerra and Order book DEXs: Genius Yield and Axo

Acceptance Criteria:

1. A real-time dashboard with pre-define key metrics allows tracking the project performance
2. LiqwidV2 and LenfiV2 data are available meaning that users can track their positions from liqwidV2 and lenfiV2 on our website.
3. Data on the new DEX Cerra, Genius Yield, and Axo is ready including trading activities and pending orders for order book dex.

Milestone 3: Milestone output(s):

During this phase, we aim to complete the following items

1. Revamp UI and optimize query data speed and website performance overall
2. Calculate Profit and loss based on trading activities, impermanent loss for farming positions, and defaults for lending positions
3. Design and implement a proactive notification feature including smart alerts, big transfers, and whale movement.
4. Design and implement the public chat feature where wallets could send messages to others

Acceptance Criteria:

1. Profits and losses are calculated from trading activities, farming, and lending positions
2. Proactive notification feature is ready
3. The public chat feature is ready

Final Milestone: Milestone output(s):

The following are items that will be done in this phase.

1. Optimize data accuracy and query speed data overall.
2. Integrating with new Protocols Sundaeswap V3, Minswap V2, Butane, Indigo V2, Optim (OADA).
3. Incentive program to collect feedback from the community
4. Review &amp; finalize the project

Acceptance Criteria:

1. Make sure there are no or just minor errors reported by users around querying data speed and data accuracy
2. Trading activities and protocols' positions are available on the portfolio page

Who is in the project team and what are their roles?

Dang Tien Manh

Senior Fullstack Engineer/Product Manager

Responsibilities:

• Collect data &amp; optimize server/database performance
• Design the system to be easily compatible with diversity protocols
• Analyze on-chain data
• Implement frontend and backend services
• Manage the project's progress

Linkedin: https://www.linkedin.com/in/manhdt/

Dang Quyet Chien

Senior Fullstack engineer.

Responsibilities:

• Database optimization
• Design system, caching layers
• Implement Frontend, backend services, and UI/UX

Linkedin: https://www.linkedin.com/in/qchien014/

Nguyen Duc Nam

Senior Software engineer

Responsibilities:

• Research Defi protocols data flow to integrate
• Design &amp; optimize collecting data flow and querying data speed
• Analyze on-chain data at deeper levels and various aspects to bring more actionable insights

Linkedin: https://www.linkedin.com/in/nam-nguyen-duc-320363191/

Please provide a cost breakdown of the proposed work and resources

I. Storage and Computing Cost

• Storage: 2 TiB for running Node, Database and Backup DB, Indexer.
• Computing:
• 1 server for running Database instance.
• 1 server for running node 8 vCPUs and 32 GiB RAM
• 2 servers for running internal services, 8vCPUs, and 16 GiB RAM on each server
• 1 small In-memory Database: 2 vCPU, 1.37 GiB RAM

Total Requested Server Cost = 12500 ADA

II. Development &amp; Marketing Cost

Milestone 1: Setup project and implement basic features for the launch v1 (4 weeks)

There will be a group of 2 engineers and a data analyst work for 280 hours to deliver the following items:

1. Set up the project/development flow and infrastructure
2. Deploy the first version of the website on production including token360 and the portfolio feature including data from 11 protocols Minswap, Sundaeswap, Wingriders, Spectrum, Muesliswap, TeddySwap, Vyfi, Levvy, Lenfi, CherryLend, and Indigo.
3. Fix incorrect data if any

Development cost: 9800 ADA (hourly cost: 35 ADA)

Server Cost: 12500 ADA

ADA allocation: 22300 ADA

(Percentage of Total Project Cost: ~32.94%)

Milestone 2: Integrate DEXs and Lending protocols in the ecosystem (4 weeks)

There will be a group of 2 engineers and a data analyst work for 320 hours to deliver the following items:

1. Build a dashboard for monitoring project performance
2. Integrating data LiqwidV2, LenfiV2
3. Integrate new AMM DEX: Cerra and Order book DEXs: Genius Yield and Axo

Development cost: 11200 ADA (hourly cost: 35 ADA)

ADA allocation: 11200 ADA

(Percentage of Total Project Cost: ~16.54%)

Milestone 3: Enhance portfolio management, implement proactive notification feature, implement public chat feature (8 weeks):

There will be a group of 2 engineers and a data analyst work for 640 hours to deliver the following items:

1. Revamp UI and optimize query data speed and website performance overall
2. Calculate Profit and loss based on trading activities, impermanent loss for farming positions, and defaults for lending positions
3. Design and implement a proactive notification feature including smart alerts, big transfers, and whale movement.
4. Design and implement the public chat feature where wallets could send messages to others

Development cost: 22400 ADA (hourly cost: 35 ADA)

ADA allocation: 22400 ADA

(Percentage of Total Project Cost: ~33.09%)

The final milestone: Optimize data accuracy and query data speed. Integrate the newest protocols in the ecosystem (4 weeks )

There will be a group of 2 engineers and a data analyst work for 280 hours to deliver the following items:

1. Optimize data accuracy and query speed data overall.
2. Integrating with new Protocols Sundaeswap V3, Minswap V2, Butane, Indigo V2, Optim (OADA).
3. Incentive program to collect feedback from the community
4. Review &amp; finalize the project

Development cost: 9800 ADA (hourly cost: 35 ADA)

Incentive Program: 2000 ADA

ADA allocation: 11800 ADA

(Percentage of Total Project Cost: ~17.43%)

Total ADA allocation for the project: 67,700 ADA

No dependencies.

How does the cost of the project represent value for money for the Cardano ecosystem?

The cost of our project represents excellent value for money within the Cardano ecosystem. Our projects are designed not only to provide deep insights but also diverse analytic tools in the ecosystem. The add-on features described will provide a greater experience to the community.

The costs associated with our project are aligned with industry standards. the server/storage cost contributes a significant share since we are developing analytics tools that require collecting all on-chain data and building indexers to optimize query speed combined with the backup solution, the average wage of senior quality freelancers present here is barely enough in our country to ensure that our project drives enduring value to the Cardano community.