Open grantshares-dapp[bot] opened 10 months ago
Hi @metavaults - Thanks for the proposal. Has SmartWhales launched on any of your other supported chains yet? I'd be interested to see a demo video.
I'd be curious to learn a little more about how the service plans to integrate with the ecosystem's prominent non-custodial exchanges: Forthewin Network and Flamingo Finance?
Are there other features on the roadmap, such as CSV exports for trades (when it comes time to do taxes)?
Hi @metavaults following up on this
🚨 This proposal was edited by the proposer.
Abstract
SmartWhales builds an on-chain copy-trading platform to allow investors to follow the smartest DEX traders and invest together with the most profitable Crypto Funds. We utilize multiple chains (e.g. Optimism, Arbitrum, BSC) to capture the most profitable wallets and “mirror” their trades to capture most of the market potential. Our decentralized infrastructure allows users to take gains at any time and hold funds in their wallets.
Proposal Information
Description
SmartWhales builds an on-chain copy-trading platform to allow investors to follow the smartest DEX traders and invest together with the most profitable Crypto Funds. We utilize multiple chains (e.g. Optimism, Arbitrum, BSC) to capture the most profitable wallets and “mirror” their trades to capture most of the market potential. Our decentralized infrastructure allows users to take gains at any time and hold funds in their wallets.
Our MVP launch is scheduled for November 2023 on NEO. Our goal is to bring on-chain trading to NEO Ecosystem which will be the main narrative in the upcoming bull run. To bring substantial volumes to N3 we integrate Flamingo Finance to route all trades via this DEX, NEO Name Services, File Storage and Native Oracle for Pricing.
Motivation
We have been observing the development of NEO since 2019 and we are impressed to see N3 growing and offering oracles, DEXs for token swaps and NEO Name services. Given the wide range of use cases NEO can offer, we see this ecosystem as the best one-stop shop for on-chain copy trading.
Goals
Our main goal is to become no.1 Dapp for on-chain traders in the NEO Ecosystem by bringing the best traders in the ecosystem.
We've created an on-chain affiliate system tailored for traders. All our users have the opportunity to establish their personal vaults or invite friends, allowing them to earn a percentage from the fees generated through their unique links or vaults. Our system comprises 3 distinct tier levels, wherein the rewards increase based on the Total Value Locked (TVL) they bring in and the number of users they refer.
Our goal is to create a trading platform where its' users become contributors and creators by allowing them to create their own vaults and collect fee %.
Deliverables & Roadmap
Specify deliverables in detail, including the following info for each:
The launch of MVP on N3 - November 2023
2 months
3
1500 NEO
Audit of Smart Contracts on NEO - November 2023
1 month
1
800 NE0
The launch of the Affiliate System on N3 - January 2024
1 month
1
1400 NEO
Deliverables Verifiability
We will provide an audit report and MVP to test before the public launch so the community can make an assessment.
Budget Plan
Our total budget for MVP Launch is 25000 USD.
Below, there is a budget breakdown:
Audit - 8,000 USD
MVP Launch on NEO - 10,000 USD
Affiliate System On-Chain Development - 7,000 USD
About You / Your Organization
SmartWhales
https://www.smartwhales.ai/
smartwhales
Short-Bio
Portfolio of Projects / Past Experience
One of our co-founders developed hotel management software a couple of years back and had a successful exit. We have also worked as advisors with several DeFi projects and have been working for series of years as Business Developers in Centralised Exchanges.
Proposal Info :clipboard:
Proposal Type:
request-for-funding
Amount Requested:
3700
Token:
0xef4073a0f2b305a38ec4050e4d3d28bc40ea63f5
(NEO
)Receiver Address:
NSUTnH9XycX1vq11aGmaXWWdFrTF2XGzXL
(0x4a7fd51c248f5382f9ab2be61331ded381eff547
)Created by: @metavaults :rocket:
Raw Intents: :eyes:
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