FODL

Alex Shchetynin

Backend Engineer
Blockchain Developer
Frontend Engineer
Node.js
React

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.

Client's review

A while ago, I worked with CML Team co-founders at Alice Platform, where they were key system developers. Besides many things, I would say that the most impressive about the CML Team is their delivery speed, professionalism, and profound expertise in web3 and blockchain development. - Jonah Rifkin COO, FODL Finance

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