FODL
Overview
FODL is a decentralized leverage trading platform on Ethereum and Polygon, allowing users to stake tokens and earn rewards from platforms like Compound and Aave.
Client
The client is a US-based decentralized autonomous organization (DAO), which uses its native utility token to incentivize platform users and liquidity providers.
Problem
The client needed improved tools to enhance user interaction with the platform. This included optimizing bots for Stop Loss/Take Profit and Anti-liquidation functions, improving performance, and developing a new algorithm to optimize payments via Flashbot.
Solution
We developed new frontend components for displaying user data, including statistics and exchange rate charts. Additionally, we enhanced the performance of Stop Loss/Take Profit and Anti-liquidation bots and created an algorithm that optimizes payment processing via Flashbot. Ongoing work includes continuous development of frontend and smart contracts to keep the platform efficient and user-friendly.
Impact
The new improvements have increased the platform's efficiency and user engagement by optimizing critical features such as bots and data output, and enhancing user interaction with the staking and trading functionality.
