Pumpd

Solutions

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

– Audited and secure price mechanism logic: Designed and rigorously audited the core logic responsible for the daily price increase mechanism using Solidity. This involved engaging multiple independent third-party auditors to identify and mitigate potential vulnerabilities, ensuring the mechanism is transparent, unexploitable, and operates as intended, thereby building investor confidence.

– Optimized backend for peak performance: Optimized the Lambda serverless backend built with Node.js to ensure high responsiveness during periods of peak demand. This included fine-tuning resource allocation and implementing robust caching strategies with AWS services to handle sudden surges in user activity efficiently, without compromising performance or incurring excessive operational costs.

– Resilient decentralized content delivery strategy: Implemented a robust and resilient content delivery strategy using Infura IPFS. This involved utilizing multiple decentralized storage nodes and a redundant content addressing system to ensure the permanent availability and fast retrieval of all associated project content, guaranteeing that community media and project information are always accessible to users globally.