Name of Project
Dalpha - Decentralized Alpha
Proposal overview
Dalpha is a marketplace that sells tokenized strategies. A trader/investor can tokenize a portfolio, and connect it to an API, to do on-chain rebalancing in under 5 minutes. It has a pre-built integration with trading view, which makes the connection even smoother. Strategists can charge performance and entry fees to their tokenized strategies, and users can invest on the best strategies, based on their performance. Dalpha charges a percentage fee on every strategist profit.
What stage of the product or idea are you (and your team) at? Is it live on Harmony and/or another chain? How many active users do you currently have, or aim to acquire? How much funding do you need? What are your milestones? What help do you need, or what gaps are there in your team?]
We have a running MVP on binance smart chain (and now harmony testnet), and we need funding to keep developing newer versions of the protocol.
In the next 3 months we would like to:
- Implement strategies with X amount of tokens (currently only 2)
- Trade only a portion of the tokens on the strategy (currently 100% of the tokens are traded on a signal)
- Implement auto rebalancing with chainlink integration
- Implement fees based on trading volume for dalpha
Prototype is now published on Harmony testnet.
The protocol consists of 3 contracts that connect with each other.
“BasicDefinitions” contract is deployed to address: 0xB710e68Fc4D24A35913ABa39692837e453Dc3e7c
“EternalStorage” contract is deployed to address: 0x78f1D92fD3553B0d3E1752Bc76066788C37AEfC6
“StrategyFactory” deployed to: 0xD76F7a5187e405b2dAe6163ED0c04205EAE438df
Proposal ask
$10k
$10K after launching a feature-complete product on our testnet
Metrics for success
We would like to get 100 users on our platform in the next 3 months