Connext - one/eth bridge on spacefold.io

we are exploring a grantee’s proposal to bridge liquidity from ethereum.

proposal
apply 9/1
start 9/21
amount $25k
users crypto: 1M
category defi: bridges, stablecoins, oracles
project
:family_woman_woman_girl_boy: emoji :chains:
name connext
x for y one/eth bridge on spacefold.io
1-liner a spacefold bridge for exchanging one to eth, usdt, dai using full harmony branding
bio arjun bhuptani is founder of connext with degrees in physics and philosophy. connext is an open source, peer-to-peer micropayment protocol. decentralized protocols and networks use connext to move value between different chains and from users to service providers.
deck https://drive.google.com/file/d/1xdvPsXMfNOxCj0Za-eZ_o00Vuhgyh5Io/view?usp=sharing
pic https://drive.google.com/file/d/1qhHeyDLZflHA11pDKYxYg3JkO_7PgG2E/view?usp=sharing
forum http://harmony.one/talk-connext
town san francisco, ca
governors
:notes: community :man: unpaidschill
:innocent: angels @AsankaK1
:crossed_swords: captains :yin_yang: yelllowsin
:pick: validators :diamond_shape_with_a_dot_inside: SMART STAKE - 0% FEE, TOP PERFORMANCE, REWARDS TRACKER
:woman_technologist: eng harmonauts :studio_microphone: jacky
:woman_astronaut: biz harmonauts :pill: sahil
current traction
demo https://www.spacefold.io/
prior grants / engagements ethereum, molochdao, metamask, spankchain, mosendo, ujo, pillar, graph, exchangeunion, matic.
team size 6 (project lead, protocol lead, tech lead, devops, lead client dev, security researcher)
team cost, time commitment 50 hours/week/person
social: telegram, twitter 3k twitter
7-day metric targets
active users 1k
retention rate 60%+
assets $10k
transactions 10k
volume $10k
6-week deliverable / milestone targets
1: testnet spin up connext testnet node on harmony testnet, spacefold ui to show supporting ONE “coming soon”
2: demo, ama build spacefold ui as a demo/default ui for bridging one<>eth, one<>usdt, one<>dai, busd (erc20-hrc20) on testnet
3: docs, blog launch and announce testnet demo, 100 beta users to test, document harmony node interactions
4: mainnet launch on mainnet one<>eth, one<>usdt, one<>dai, busd (erc20-hrc20) on https://spacefold.io/, dockerize https://github.com/connext/spacefold and launch as https://spacefold.bridge.harmony.one/ with harmony branding
5: users/assets 1,000 users doing 1,000 swaps
6: marketing create a 500+ word article, launch on product hunt and hacker news, announce on connext twitter & linkedin

Harmony Grants are to drive our platform’s mainnet utility :wrench:, decentralized community :family_woman_woman_girl_boy:, and cryptographic innovations :zap: — aligned with our 2020 roadmap on cross-border finance :money_with_wings: and auditable privacy :shield:.

Your grant and project are fully transparent to everyone. Details of all grants such as application materials, funding amounts, community discussions, governor decisions and wallet addresses are publicly available at harmony.one/open-grants.

1 Like

I read the materials and watched a long interview the founder did with matic.

Liquidity inherently brings users.

I vote yes, and hope others can read whatever they need to read quickly.

Can you link here the video? Is it public, thanks. @Unpaidschill

Sorry, need to turn on notifications for this app.

3 Likes