not approved
Cardafolio.com your yield portfolio
Current Project Status
unfunded
Total
amount
Received
$0
Total
amount
Requested
$30,000
Total
Percentage
Received
0.00%
Solution

I’ve created a solution to this by reading the API’s on the different DEXes (cardafolio.com), however using their APIs not optimal, we’ll have more on APR/APY by reading the blockchain directly

Problem

Right now we have several DEX and dApps running on Cardano (and Milkomeda), however reading them all in a single place is not that simple, and keeping track makes us use a google sheet or similar.

Impact / Alignment
Feasibility
Auditability

Nosotros

1 member

[IMPACT] Please describe your proposed solution.

The solution will bring a place to check APR/APY and graphics to see if we’re earning or losing due to IL, token prices fluctuation, and other variables that apply on DeFi. I’ve created the website for my personal use, but stopped coding after the bear started and I’ve needed a more stable income.

Imagine a place that mixes debank and apy.vision.

[IMPACT] Please describe how your proposed solution will address the Challenge that you have submitted it in.

I’ll read the blockchain to check transactions made by every account provided (or account bundle), and I’ll keep an historic track of prices to check wheter our invesment increased or decreased their value, and how the IL hit us during this time. Right now I’m just receiving the data using the DEXes api, but this is not a solution as the DEXes should block these kind of request at some point.

The idea is to increase what I have right now to go open source and create a set of independent tools to check values on the DEXes, as right now there are no DEXes that allow to implement their own API on your code.

[IMPACT] What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?

I can’t find any risk asociated, this will take about 3 months of full development to complete all the tasks required and will need a subsequent maintenance to add the new dApps that are added to the Cardano catalog.

Biggest risk is not having enough funding to survive in the meantime, thing that I want to mitigate by applying to this grant.

[FEASIBILITY] Please provide a detailed plan, including timeline and key milestones for delivering your proposal.

The solution is not complicated given the fact that I’ve already started and had something working deployed (the minswap and wingriders is not working anymore), but some keypoints are already added like bundling and account connection.

In the first month we’ll be able to see the first LP/Farms on the first dApps, the second month will add the graphs checking performance and probably start working on adding all the dApps, not only DEX but synthetics and lending aswell (when available)

[FEASIBILITY] Please provide a detailed budget breakdown.

Completely feasible, already explained how I’ll do it, how long will it take, and why this is the best solution to achieve.

The budget will be used to reach a point where the people uses it, and want to use it, to make it sustainable as a DAO open source.

[FEASIBILITY] Please provide details of the people who will work on the project.

I am Suku, I was part of the Plutus Pioneers First Cohort, been doing things on the blockchain since start of 2020, and dedicated to Cardano to deploy tokens and NFT that are being used at this moment.

I’m not full time employed, I’m working part time with anetaBTC and doing mostly frontend and serialization related stuff with the wallet connector that I’ve developed. Idea is going completely open source as a set of tools at some point.

[FEASIBILITY] If you are funded, will you return to Catalyst in a later round for further funding? Please explain why / why not.

No, I wont return as the budget is more than enough to work full-time 3 months and part time during another 6 months, this time will be enough to make the project self sustainable and only needing maintenance when some protocol is deployed on the blockchain/new pairs are added.

[AUDITABILITY] Please describe what you will measure to track your project’s progress, and how will you measure these?

Progress will be tracked with deployments, until reaching a point where the code will be deployed as open source. At this point all the tools used will be deployed separated so other devs can take advantage of it.

[AUDITABILITY] What does success for this project look like?

Project will allow the people to quickly check their investment, past and present earnings, graphs with complete info and all the info received during the development time.

[AUDITABILITY] Please provide information on whether this proposal is a continuation of a previously funded project in Catalyst or an entirely new one.

This is an entirely new proposal, however I’ve been working on it during my spare time.

Reseñas de CAs (1)

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