Illuminate your trades with Candle

Funding Proposals Grants
1

Name of Project

CANDLE

Proposal overview

So we are a team of 4, i’m in charge of com and marketing, we got 1 BC dev and 2 webdev

The project is about creating a DEFI trading platform where you will be able to use TP, SL (also trailing stop loss) order limit and a sniper bot (launch sniping and anti rug sniping), we’ll also be including a dashboard where people will be able to see their PNL on each asset they have, their open orders and the growth of their portfolio on the first release. First it will be available on every BSC token and after we would like to open it to Harmony One.

You will be able to use these functionalities by 2 ways
First if you don’t have CDL token you will be able to use these functionalities against a % of fees on each transactions

And the second way is if if you stack enough CDL token, you will be able to use these functionalities for free and the fees from people who don’t have CDL token will be redistributed to the Stakers

About the Candle token we also have smart fees Totally drive by the contract, The fees are changing depending on the buy and sell volume ( the more buys you got, the less sell fee you have and the more sell you got, the more sell fees are gowing).

Having our project on Harmony would be a good portfolio management tool for users and could bring you users easily.

Our plan is to allow everyone to use CEX trading tools in DEFI and even more with inovatives tools such as bots and trailing stop losses etc…

For now we have Dapp home, staking and the bot which are ready to release, contracts for functionalities are in development but all the Dapp will eb ready in less than a month.

We currently have a community of 1000+ and expecting to grow fast with the release of the Dapp.

Proposal ask

If it is possible we’d like to have a 100K grants to develop all these features on Harmony and make us as known as possible as it could also be profitable for your ecosystem.

Metrics for success

I think we’ve past the biggest milestones as it was the smart fee contract development, we got a very qualified developer which is really fast and is making a really good job.

External links

2

Thanks for your proposal, it has been assigned and the team will review and respond shortly :blue_heart:

3

Thank you very much ! :pray: It depends on your proposal but we could even launch it on Harmony exclusively first !

5

This proposal does not fit a Port grant based on the guidelines at Apply for Grants or DAO for the following reasons:

Harmony serves as a cross-chain platform by porting exisiting applications from Ethereum, Polygon, Polkadot, Cosmos and other chains. As mentioned above, projects of “100 Ports” will receive $50K-250K each, totaling $20M in grant amount. We target the top 25% projects across chains with most tractions and highest potential: DeFi apps should have at least $20M total locked value or 20% sustained yields; NFT mints or games 10K daily active users; DAO $100K payouts. Highly vibrant and engaged communities usually have social metrics of 50K Twitter followers, 10K Discord members, 5000 active wallets, and 1000 Telegram daily online.

Your project is too early for a Port grant. We’re also working with Nansen to help gain insights on trades as well. Thank you for choosing Harmony.