AtlanSui

Solutions

To overcome the challenges, Hola Tech adhered to the best practices. Key components of the solution included:

– Intuitive and user-friendly front-end: ReactJS was employed to build a dynamic and responsive user interface that simplifies the complexities of NFT lending. The platform provides clear visualizations of loan terms, interest rates, and collateral status, making it easy for users to understand their financial positions. Through streamlined workflows and intuitive design, AtlanSui enables “instant borrow with a single click” while ensuring users are fully informed about the underlying mechanics and risks.

– Robust data consistency and real-time market data integration: A NodeJS backend, integrated with AWS Lambda functions, securely processes and synchronizes real-time market data, such as NFT floor prices and collection liquidity, from various off-chain sources. This critical data is then fed to the Solidity smart contracts on the Sui Network through secure oracle mechanisms (where applicable) to accurately assess collateral value and manage loan health. MongoDB Atlas provides a scalable and flexible solution for storing and managing this dynamic off-chain data, ensuring consistency with on-chain operations. The Graph further enhances data transparency by indexing and providing efficient queries for all on-chain loan and NFT collateral information.

– Secure and transparent smart contract interactions: Solidity was utilized for developing secure and meticulously audited smart contracts that govern all lending and borrowing mechanisms on the Sui Network. These contracts were designed with an emphasis on financial integrity, handling NFT collateral, loan disbursements, interest accrual, and liquidation processes with the utmost precision. To mitigate the risk of vulnerabilities and protect user funds and valuable NFTs, the smart contracts underwent rigorous, multi-stage security audits by independent blockchain security firms prior to deployment.