Blockchain, UI/UX Design, Website Development

FullDAO

The best Multifunctional Yield Optimizer platform on Avalanche

Client

Confidential

Duration

2.5 months

Introduction

FullDAO Protocol is an Avalanche Decentralized Yield Optimizer platform that aims to empower users to earn compound interest on their invested tokens, thereby benefiting the entire community.

Challenges

FullDAO team wants to create this platform as a place where you come and feel safe to put your crypto assets in and maximize profit capacity. However, several challenges stood in the way of achieving this goal:

– Maintaining high APY and efficiency: While FullDAO aims to earn users the highest APY with efficiency and safety, sustaining this consistently in the fluctuating landscape of DeFi can be a significant hurdle. The performance of their smart contract-driven investment strategies and the yields from integrated liquidity pools will directly impact their ability to deliver on this promise.

– Ensuring robust security: With security being a top priority, continuously safeguarding the platform and user assets against evolving smart contract vulnerabilities, potential exploits, and other security threats is a critical and ongoing challenge in the DeFi space.

– Driving user adoption and growth: To become a leading platform, FullDAO needs to attract a growing user base, encompassing both experienced DeFi participants and newcomers. Effectively communicating the platform’s value proposition, ensuring a user-friendly experience across all five features (Vault, Staking, ZAP, DAO Voting, NFTs), and building a strong, engaged community will be crucial for achieving this growth.

Solutions

To ensure that FullDAO reached its aim, Hola Tech adhered to the best practices. Therefore, key components of the solution included:

– Scalable and secure infrastructure: Utilizing AWS’s reliable and scalable infrastructure, coupled with a serverless architecture powered by Lambda, ensures the platform can handle increasing user demand efficiently. MongoDB Atlas provides a flexible and secure database solution for managing platform data.

– Intuitive user interface: A responsive and user-friendly front-end built with ReactJS simplifies the interaction with all of FullDAO’s features, making it accessible to both experienced and novice DeFi users.

– Decentralized data storage: Leveraging Infura IPFS for storing relevant platform information enhances security and censorship resistance.

Featured numbers

– Supported up to 20,000 concurrent users with high performance

– Tokenized loyalty points and rewards with staking functionality with FDAO points

Results

The new system successfully fulfills FullDAO’s needs for performance, security, and features. It can now support 20,000 simultaneous users, ensuring smooth operation even during high demand. Thanks to its strong design and integrated Web3 capabilities, FullDAO is now a secure platform for users to invest their crypto assets and maximize profits.