Name of Project
Odos - The Optimal DEX Aggregator
Proposal overview
Odos will be the most advanced DEX aggregator on Harmony to provide the best routes for token swaps and the best user experience. The patented algorithm powering Odos discovers complex trading paths and splits that other aggregators cannot find without compromising on gas fees.
Odos is the first and the only aggregator that supports multi-token inputs, enabling users to optimally swap multiple assets in a single atomic transaction, saving time and transaction costs.
Odos DEX aggregator is fully developed and currently running on Polygon. We propose to port Odos to Harmony and launch with 17 DEXs within 30 days. Other remaining DEXs can be added with the help of Harmony introductions to facilitate integrations.
We would like to request $85K USD worth of $ONE to allocate for marketing campaigns to attract users to Harmony. Specifically we plan to use the funds for:
1- Lucky draw campaigns ($10K)
Randomly select 100 participating users to reward $ONE.
2- Trading competitions ($20K)
Distributed equally among traders who have a total trading volume exceeding $500 equivalent over a 2 week period and use Odos aggregated DEXs.
3- API integration incentives ($30K)
Provide incentives to Harmony based DeFi projects to integrate Odos API into their offerings.
4- Marketing campaigns ($25K)
Social media, blog posts, articles
Proposal ask
$85k Grant
Metrics for success
Partnership with DeFi projects using Odos API swap function on Harmony
Partnership with DEXs on Harmony
Transaction Volume: $10M
Number of new users: 5K
Number of transactions: 10K
External links
Website: https://odos.xyz/
Twitter: https://twitter.com/odosprotocol
Medium: ODOS – Medium
Youtube: ODOS - YouTube