CFP-2207-01: Pond, decentralize Ocean API and run it everywhere (30 000 DFI)

Overview

Requester(s): Christian Sandrini (@sandrich), Oussama Ben Lagha (@laghao)
Amount requested in DFI: 30'000 DFI
Receiving address: df1qdzemvgvchuqzsw99xl2nhw9vdy0ztks0u3qqw8
Reddit discussion thread: https://www.reddit.com/r/defiblockchain/comments/v7x6te/cfp_pond_decentralize_ocean_api_and_run_it/
Proposal fee (10 DFI) 3b963e6bd57d4edad0fe8102d9382eccd66692d0d603210384f99ba74b59661f

Describe the purpose

DefiChain is starting to become popular and so does the usage of the ocean API. We have seen impressive stats in the last CFP proposal but also a few scalability issues due to high demand. A lot of the demand comes from the increase in bot usage as well as new utilities that can be used through the light wallet i.e Future swaps. While it is great that ocean will be scaled to also allow future growth, we think we can also contribute to make things more scalable by introducing Pond.

Pond is a host-yourself ocean api based on docker containers which you can simply run from home or your cloud of choice. It uses the original Jellyfish code base which offers the exact same API schema as Ocean with the difference that you can have your own and it is easy to install. The current beta release already reduces latency of scraping Ocean API from few seconds to milliseconds as it will be deployed locally which helps not only developers but also bots to run faster and provide low latency results, as result this would enable the community to work on low latency projects and future development of DefiChain.

What works already

[x] Pond can be easily deployed using docker-compose.
[x] Few simple steps will allow anyone to run Pond anywhere.
[x] Docker compose will start up your own full node as well as the Ocean api.
[x] This project will be made open source and available through Github and open to future collaborative work.
[x] We provide regular snapshots of the full node incl. index, transactions and vault information (\~8 GB)
[x] We provide regular snapshots of the Ocean api database (\~90 GB).
[x] Snapshots are made available for public download.
[x] We have an entry load balancer that does two things fully automated:

Create an SSL certificate through Letsencrypt if you own a domain i.e pond.myowndomain.com
Automatically failover to the original ocean API in case your own API is not healthy. It will also failback as soon as it comes back.

[x] We provide Ocean api docker images hosted in AWS public ECR.
[x] Community support via Telegram Channel

What future plans do we have

[ ] Automated restore from snapshots or new install if needed.
[ ] Automated creation of docker images based on new Jellyfish / Full node releases
[ ] AWS deployment template to easily deploy the whole stack on AWS
[ ] Come up with some sort of monitoring / alerting solution
[x] DefiChain Wallet supports custom Ocean URL endpoints as BETA feature

Who are we?

Christian Sandrini currently working as a Cloud Infrastructure Architect at Amazon Web Services (AWS) with more than 15 years of experience running highly available and scalable services. My specialities are Kubernetes, Containers and Automation. I have been around DefiChain for over a year and am the co-founder of Dobby and Masternode Health
Oussama Ben Lagha currently working as a Cloud Infrastructure Architect at Amazon Web Services (AWS) and having a professional experience in systems architecture and cloud computing in the financial industry sector with over 10 years of experience. New joiner to DefiChain community and DeFi Evengelist.

How will the fund be spent?

The funds will be spent for:

Development work
Hosting/Network transfer costs for snapshots, test systems
Providing/Hosting latest images
Support

How does this CFP benefit the DeFiChain community?

This CFP might sound quite technical but we do want to make it as easy as possible to host your own Ocean (Pond). The community will benefit in a way that if Pond is being adopted the overall workload on ocean will be reduced. This helps in the further decentralisation of the project which also adds another benefit which is, we have more full nodes running across the globe.

We do believe that this could be especially interesting for bot owners as it gives greater control and more reliable response times.

Testimonials

Dobby is using Pond for quite some time already without any downtime. It was running fine even during the DDoS attack on Ocean and it was up and running even during version upgrades. As an example during busy Ocean period Dobby took \~28 minutes to update it's state while using Pond it took 40 seconds!
Defichain-Income has also switched to Pond and is running blazing fast!

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$ defi-cli signmessage 8RLGUA8T7GX5xKGQ56VtoJH9gd8DdCUthL "cfp-2207-01-yes" IKUU2HCnm5cf1+2UBuKSQ2D8z28xjx2C4U48BHWPTe3gCslhRgn/+5IIwL7E7Hp/Qriq/WTS8qRtVzCzGI3jzEI=

RESULTS for cfp-2207-01
===========================
cfp-2207-01 is approved by 437 votes majority
YES: 464
NO: 27
Neutral: 10
Total valid votes: 501
Total rejected votes: 91
===========================

mnstate_validate.log validate_cfp-2207-01_failed.log validate_dfip.log

CFP payments have been processed. Please refer to https://github.com/DeFiCh/dfips/issues/159#issuecomment-1186383473 for detailed info and hashes. Thanks!

DeFiCh / dfips