milkyklim
commented
1 year ago Thanks for request. Unfortunately, the grant has been rejected as it falls outside of yearn’s direct scope.
Closed Crypto-arm closed 1 year ago
milkyklim
commented
1 year ago Thanks for request. Unfortunately, the grant has been rejected as it falls outside of yearn’s direct scope.
Scope
DOM Money is building unstoppable, autonomous non-custodial service financial services for non-crypto users and businesses. We provide an option to drop out of the financial systems of the countries.
Our first product is an unstoppable non-custodial stablecoin wallet with a convenient bank interface built to run forever, ignoring external impacts. Hosted on decentralized permanent hosting with strong encryption and untraceability of all traffic, Wallet includes a portfolio allocation engine that distributes stablecoins across DeFi protocols with weekly autocompounding. It hedges risk across 4+ blockchains and 20+ DeFi products.
Known problems to solve:
Knowledge of crypto technologies: To get all benefits of crypto products users have to have some knowledge in blockchain technologies.
Ownership and censorship-resistant storing of capital: The problem of ownership of money gets more and more critical in modern unstable world. We see how governments and corporations restrict access to bank accounts. Even crypto exchanges start blocking accounts of the average citizen.
Unattractive interest rates in dollars: Last but not least the interest rates in dollars remain unattractive. So people are looking for alternative ways of saving their money.
Benefits to boost the Yearn ecosystem?
Plan
Deadline
2022-12-25
People
Team of 7 people and growing
Nikolai Grigoriev, co-founder & CEO Stepan Mytchyk, co-founder & Head of Crypro Andrii, co-founder & CTO Denis, UX Artem, Chief Investment Officer Ihor, Front end developer Albert, Business Development
Money
Budget plan:
80% - Team expansion, hiring, salaries 2 solidity developers ML-engineer Community manager Marketing lead 10% Paid services, subscriptions additional costs 10% Paid marketing at platforms like https://beta.layer3.xyz/
Amount: $50K - integration of Yearn in Ethereum, Arbitrum, Fantom. $120K - development of stablecoin focused cross-chain ML-driven portfolio allocation engine based on Yearn liquidity pools with evolutionary models and cross-chain assets transfers.
Amount
$50K - integration of Yearn in Ethereum, Arbitrum, Fantom; $120K - development of stablecoin focused cross-chain ML-driven portfolio allocation engine based on Yearn liquidity pools with evolutionary models and cross-chain assets transfers.
Wallet address
0x0
Reporting