UnoFarm integrating Harmony

Funding Proposals
1

Name of Project / DAO / Company

UnoFarm

Application type

Ports

Proposal overview

UnoFarm is a unique cross-chain autofarming solution with transparent automated strategies and beautiful analytics. Users can easily enter best DeFi yield opportunities and leave their farms for a several months, without need to do recompounding manually.

This is achieved by:

  • aggregating the best farming, lending and liquidity providing opportunities in one tool
  • autocompounding with optimal intervals to maximize APY
  • providing automatic strategies that allocate user’s assets to the best protocols maximizing yield
  • automatically switching between best farms and liquidity pools on multiple chains

After fiat gateway integration, we see UNO as an alternative to bank deposits, where each user can choose a suitable farming strategy. As a pivot point for business growth we are going to deliver ready-to-use staking solution for cryptobusinesses.

Key Benefits:

:rocket:MVP is live!
:fire:100k$+ TVL
:pray: Simplified user interface and analytics
:money_with_wings: Yield sources and multi-chain liquidity swaps
:shopping: Ready-to-use staking solution for B2C & B2B

We are requisting 50k$ for intergrating Harmony in our multicahin protocol in order to generated better yeild opportunities for our users and TVL and user interest to the Harmony ecosystem.

Team

During last 3 years UnoFarm founders were running crypto development company Mycelium Lab. We’ve help to create 30+ crypto and DeFi custom products. Having accumulated significant experience in development and marketing, we decided to go to market with our own product – UnoFarm. It was initially started as internal project for our own staking needs.

11 teammates:

CEO - Mikhail Perminov (linkedin perminovma)
Experience: 10+ years
Background: Entrepreneur. Marketing, DeFi, IT & Software Development

CTO - Roman Vinogradov (linkedin roman-vinogradov, github.com sapph1re)
Experience: 15+ years
Background: DeFi, Crypto, IT & Software Development.

CBDO - Alex Sipakov (linkedin aleksey-sipakov)
Experience: 7+ years
Background: DeFi, Crypto, IT & Finance

5 smartcontract develpers
3 BD focused on operations and marketing

Proposal ask

50к$

Justification

Our milestones are:
Integrating Harmony with our system: ~300h
Adding farms from Harmony ecosystem to our aggregator: ~80h per farm
Bridging our liquidity to Harmony: ~500h
Expanding autostrategies to use Harmony farms: ~500h
With our team we expect to achieve it all within 6-8 weeks

Metrics for success

TVL provided

External links

MVP
Link - https://app.uno.farm/
Pitch Deck and Tokenomics
Link - http://whitepaper.uno.farm/

2

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.

Meanwhile, if you do decide to still launch on Harmony to expand your reach, it’s a permission-less platform which you are free to use. Majority of the DeFi platforms on Harmony have done so without our help.