Tokenpad: Advance DeFi Portfolio App w/ Debt Notifications + Opportunity Discovery

Funding Proposals Grants
1

Name of Project

Tokenpad

Proposal Overview

Tokenpad seeks to add Harmony One into our DeFi portfolio tracking app.

Currently, our app monitors and tracks the value of digital assets across 500+ protocols and multiple chains. We are working hard to build a complete ecosystem that includes all major protocols.

This is where Harmony One comes in. We believe that Harmony One’s fast and scalable blockchain will be key in driving the growth of the DeFi industry. As such, we would like to add support for tracking Harmony One assets in our app.

We are requesting a grant of $50,000 to help us cover the costs of development and integration. We believe that this will be a mutually beneficial partnership as our app will drive more users and attention to the Harmony One protocol.

Tokenpad Goals

:white_check_mark:Allow users to track their total portfolio value in one place

:white_check_mark: Make it easy for users to find new opportunities to invest in

:white_check_mark: Encourage users to manage their positions responsibly by providing detailed information about APY and impermanent loss so that users can make informed decisions about their investments

:white_check_mark: Eliminate the fear of liquidations by providing accurate and timely warnings

:white_check_mark:Total transparency - no personal information or private keys required

Tokenpad Integration of Harmony One

For the initial Harmony One integration on Tokenpad we will use third-party data sources for initial token and project data. However for future DeFi support we prefer to do individual integrations with each provider to ensure stable, accurate and more robust data for end users. The grant would allow us to scale our individual integrations faster allowing a more stable experience for Harmony One users.

The current DeFi types we support on Harmony One include those supported by DeBank; Lending, Liquidity, Farming, Leveraged Farming, DEXAMM, Yield-Aggregator, Deposit, Staking.

With individual integrations we will be able to support a more in depth Debt Ratio feature allowing us to alert users of possible Liquidations across all projects on the Harmony One chain. We will also be able to provide the users current APY for each investment. Providing a single location for all Harmony One investors to check and track their investments.

Another feature in development is our DeFi Yield finder. This feature will help build a single space for users to learn about new or upcoming DeFi projects helping drive more investments across Harmony One as a whole.

Tokenpad’s Current Tech Stack

  • Mobile app is fully developed on Flutter and it is currently deployed for iOS and Android in the App Store and Play Store.
  • Backend is using the Nodejs and the Nestjs framework. Database using MySQL and store static files using AWS S3 currently.

Team

We are a team of 6 frontend developers, 4 backend developers, 1 designers, 2 product managers, and 1 marketer. Our team has successfully launched multiple web3 products including Gro, an insured stablecoin yield protocol, and members of the team have been personally invested in crypto as early as 2013. This experience gives the team a unique perspective and insight into what it takes to make DeFi products, both from a technical and product standpoint.

Milestones

  • Weeks 1-3: Feature complete and beta release
  • Weeks 3-5: Give beta access to Harmony community to test and give feedback
  • Weeks: 5-6: Deploy to app stores and ramp up marketing efforts
  • Second month: Acquire 5k new users

Proposal ask

$50k

We are requesting $50K in equity-free contribution: $25K after launching a beta for the Harmony One community to provide feedback on and $25K after mainnet launch. As well as funding, we are looking for Harmony’s help with sourcing future product development suggestions and a collaborative marketing partnership.

$25K after launching a beta for the Harmony One community to provide feedback on
$25K after mainnet launch

Metrics for Success

5k MAU the first 3-5 months

External Links

:point_right: Project Website
:point_right: Twitter
:point_right: Discord
:point_right: Video Walkthrough

Screenshots - Please Double Click

Portfolio Track your net worth across multiple wallets and chains in an all-in-one, easy-to-read view. Get everything from tokens, claimable rewards to all your different DeFi investments. You will also be aware of y|x500
Portfolio Track your net worth across multiple wallets and chains in an all-in-one, easy-to-read view. Get everything from tokens, claimable rewards to all your different DeFi investments. You will also be aware of y|x500885×1991 109 KB

2 Likes
3

Thank you for submitting a proposal to Harmony’s $300M Ecosystem Fund. We are in the process of reviewing your proposal and assigned to @jbeltran on behalf of the Grants Ops team.

We would also love :blue_heart: to have the Harmony community participate to ask questions and provide feedbacks.

If you have more details to add, please do so by replying to this thread.

4

This looks like a very useful tool for any DeFi user, but what specifically would your team offer the Harmony Blockchain and how would the Launch grant be spent? Do you have any budgeting proposals to illustrate the allocation of the funds? Will you have a community for your project on Harmony and are you planning to actively communicate with projects in order to keep this software up-to-date?

The tech looks very high end and I would be excited to use it. Are there audits that have been finished? How does this project earn revenue?

1 Like
5

Thanks for your question. We are planning to support almost all of the 56 defi protocols on Harmony on Tokenpad including the lending, AMM, debt, leveraged protocols, etc. The Tokenpad notification feature will help monitor the debt and leveraged positions to avoid liquidation. The funds will be spend mainly to fund the engineering, product and design teams to support the protocols on Harmony.

We’ll have a channel dedicated to harmony community on Tokenpad discord.

6

Hello @tokenpad
Following @Pioneer words, I’d love to see some more details about what do you need the grant for and how would be spent on the project and how Harmony would benefit from it.

Best,
:blue_heart:

1 Like
7

Hi @jbeltran

Here’s a breakdown of how we plan on using the grant:

$30k for Building

  • We are looking to support most of the DeFi protocols on Harmony. The order of how we build will be dependent on the feedback we receive from the Harmony community.
  • We will build a notifications feature to help with debt monitoring and leveraged positions to avoid liquidation. Anyone participating in the following protocols will benefit from these notifications: Tranquil Finance, Aave, Hundred Finance, WePiggy

$10k for support

  • We will prioritize issues from the Harmony One community and address them in a timely fashion

10k for marketing

  • We will deploy a co-branded paid media campaign to reach the larger Harmony One community
  • We will create educational content to help users get started in DeFi on Harmony One

The screens below will provide additional clarity on what we are building

Portfolio Track your net worth across multiple wallets and chains in an all-in-one, easy-to-read view. Get everything from tokens, claimable rewards to all your different DeFi investments. You will also be aware of y (3)
Portfolio Track your net worth across multiple wallets and chains in an all-in-one, easy-to-read view. Get everything from tokens, claimable rewards to all your different DeFi investments. You will also be aware of y (3)1091×2000 92 KB

Please let us know if there are any further questions!

1 Like
8

Please check out the video walkthrough to see how the features @tokenpad mentioned during the dev phase.

9

@jbeltran did we answer your questions?