Proposal goals (High level overview):

Fund3 grant will be used to complete development sprints, test and deploy Liqwid protocol v1 on Cardano.

Developing the smart contract +front/back-end protocol components according to the finalized technical specifications, UI/UX mapped out in our wireframes, and the data flow diagram produced as part of the fund2 phase (Discovery, Analysis, Design) deliverables. The funds requested in this proposal will finance the protocol development sprints for the complete set of features/functionality in the finalized Requirements Traceability Matrix (also a fund2 deliverable). About Liqwid: Liqwid Whitepaper link: https://drive.google.com/file/d/1HN65TDm7-06m7XwiXmLQeWFevZYKgEZG/view Intro to Liqwid: https://medium.com/liqwid-finance-introduction-series/introducing-liqwid-62b003891a06 LiqwiDAO governance model outline: https://medium.com/liqwid-finance-introduction-series/liqwidao-1st-a-web3-model-for-good-governance-13c6e0f36d2f Open-source software stack meets non-custodial algo-optimized lending pools, all powered on Cardano rails. At its core this is what Liqwid is. https://www.liqwid.finance/ What success for Liqwid resembles: Our team is focused on enabling decentralized financial services on-demand, KYC-free, for anyone with an internet connection and Cardano wallet. We also hope that the Cardano community & Liqwid legion will find our non-custodial protocol a reminder of the roots of this decentralized finance movement Satoshi started with the Bitcoin Whitepaper over a decade ago. "The Killer app is Yield" - Alex Mashinsky, CEO of Celsius Network during a recent interview with Charles Hoskinson. Team Liqwid was granted ~$41,000 USD from Fund2: We have begun deploying these funds towards the finalization of 1. Technical Documentation (Protocol Specs, Technical Architecture Diagram, Data Flow Diagram). The technical specs describe the entire Liqwid protocol and set of contracts in detail. Targeting end of this week (1/18/2021) to review/finalize these internally before sharing these deliverables with the entire community in line with our fund2 project plan and deliverables schedule. Fund2 Progress: Liqwid Labs core team is in the design finalization phase working alongside our Tech Partners 1st draft of end to end wireframes for the user UI/UX & website redesign completed (currently in internal QA before being pushed to community) Completed technical diagrams with best practice descriptions currently in internal QA for: +Application +Infrastructure +User Notification service +Cardano data-flow (data storage, metadata structure) Technical architecture diagrams left to be completed: -Governance diagram (LiqwiDAO, liquid democracy) -Liquidity pool diagram (with liquidity incentive mechanism, smart contract Automation) -Oracle SDK -Android SDK (optional) Fund2 Outstanding deliverables: In addition to technical specs 2. Project Scoping deliverables (User Stories, v1 Requirements Traceability Matrix, Updated v1 rollout Schedule) will be delivered to the community as these documents become readily available and our quality assurance team has reviewed them for completeness. Funding from this round will finance the full-time development of the Liqwid protocol's complete set of smart contracts and the critical components linked to these contracts identified within the technical architecture diagram. The metadata structure being implemented for archiving interest rates across liquidity pools will also be implemented alongside the complete set of contracts. In addition to smart contracts/metadata development, the full-stack developers will begin working with the cardano-wallet-api and a review of Yoroi to develop a seamless in-app wallet UX for end-users. Fund3 provides ~3 months of funding for the following resources working Full-Time on Liqwid from both the core Liqwid Labs team, Tweag, 4ire Labs and our data partners Ryan-Miranda Partners. Liqwid Labs: 1 Tech Lead: Senior IT professional with 30+ years in German Federal Banking cloud-server teams working at the intersection of software development & deployment. 1 DevOps/Server Admin 2 Full-Stack developers 1 QA/Testing analyst 1 Project Manager 2 Financial Analysts 4ire Labs: 2 Senior Smart contract developers 2 Senior Full-Stack developers 1 front-end Vue.js developer 1 Technical Lead 1 QA/Testing Lead 1 Project Manager Tweag: Internal auditing Team of FinTech/DeFi engineers Lightweight formal verification process for the entire Liqwid protocol codebase (to-be completed before opening up protocol to beta testers) Ryan-Miranda Partners: 2 Data Engineers: 1. Validating the metadata structure, technical architecture diagrams & data flow diagrams (outputs of technical workshops with 4ire Labs during Design) 2. Constructing the initial API format & documentation for developers who want easy access to the Liqwid protocol smart contracts. Whitepaper translations: A team of foreign language speakers from the Cardano SPO community are being contracted to translate the Whitepaper into Spanish, French, German, Vietnamese, Japanese, Russian (for starters). Enterprise Technology Partners building the v1. protocol alongside Liqwid Labs core devs: https://4irelabs.com/ https://www.tweag.io/ https://appinventiv.com/ https://www.ryan-miranda.com/ A complete budget breakout as well as set of slides covering our development goals to be achieved this funding round will be published at the end of next week when our lead devs finalize the technical architecture and data-flow mapping diagrams (1 1st design deliverables due to the Cardano Catalyst community from our fund2 raise). In addition to these high level technical documents being finalized our protocol technical specs are complete and the next steps include loading our protocol work components into well-scoped user stories (app features/functionality) in the Jira software requirements management platform so that we can assign hourly task completion amounts to each user story. Our team will create a precise v1. rollout roadmap for the community and Jira reports on feature updates based on the fully decomposed scope of work. All of this will be made accessible to the community in an open format in line with our core teams founding ethos of radical transparency.