Bloxmov

img project

Overview

A decentralized platform that enables transactions between businesses in the travel industry. The protocol reduces costs associated with verifying, accounting for, and exchanging information. The platform also allows companies to offer customers rewards through points, miles, or discounts.

Client

BloXmove was incubated within the Daimler group, the inventors of the car and car sharing (Car2Go), over more than three years. The bloXmove founders then joined the Outlier Ventures acceleration program.

In Detail

We've developed a new smart contract allowing users to take benefits and earn funds by placing their tokens in third-party liquidity pools. We have developed a multi-level smart contract that optimized user investments by searching for optimally profitable liquidity pools, considering the division of the initial investment amount between several liquidity providers. The key feature of this smart contract is also the funding hub, with a cash buffer, which optimizes the payment for network gas, reducing transfer fees from 30% to 70% on average. Let's take a closer look at our solution: • investment smart contract • smart distribution of tokens among numerous liquidity pools for maximum profitability from investments • internal funding hub to optimize network gas fees • complete cycle tracking user transactions • transparent calculation and statistics of accrual of profit • contracts with a fixed investment term and open-ended contracts

Country

Ireland

Technologies

Solidity, Hardhat, Ethers.js, Waffle, UUPS upgradability, solidity-coverage, Chai


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