HedgeLoop: Preserving NFT value, while yielding revenue.

Chinwuba Israel

Frontend Engineer

Smart Contract Engineer

Solidity Engineer

Next.js

Solidity

TypeScript

Cryptocurrency & Blockchain

Project Title:

About this project:

My Responsibilities:

Technologies Used:

Project Title:

HedgeLoop - Frontend DApp for NFT & Crypto Asset Hedging (Solana)

About this project:

HedgeLoop is an innovative decentralized finance (DeFi) protocol built on the Solana blockchain, designed to provide a novel way for users to hedge their NFTs and crypto assets against potential market volatility. The platform allows users to deposit SOL as a hedge against their digital assets, increase or partially withdraw their hedged amounts, and even transfer hedges with NFTs. This project demanded a meticulous frontend implementation to translate complex on-chain mechanics into a secure, transparent, and highly intuitive user experience.

My Responsibilities:

As the Frontend Developer for HedgeLoop, my core responsibility was to build the interactive and secure user interface that enables seamless interaction with the underlying Solana blockchain protocol. My key contributions included:

Intuitive User Interface (UI) Development:

Designed and implemented the entire user interface in Next.js to guide users through complex DeFi flows, including initiating a hedge, creating a hedge account, depositing SOL, and managing hedge locks.

Ensured a visually appealing and intuitive experience for users interacting with their NFTs and crypto assets.

Seamless Wallet Integration & Blockchain Interaction:

Integrated Solana wallet connectivity (e.g., Phantom, Solflare, WalletConnect) to allow users to securely connect their wallets and authorize on-chain transactions.

Developed the frontend logic to interact directly with Solana smart contracts, enabling users to:

Initiate and adjust hedges: Built forms and logic for selecting NFTs, specifying SOL amounts, and processing deposits (0.1 SOL minimum).

Manage Hedge Accounts: Created interfaces for users to view their NFT Mint Address, Hedged SOL Amount, and Owner's Address stored on-chain.

Handle Withdrawals: Implemented functionality for users to trigger full or partial withdrawals of hedged SOL, and to claim rewards for locked hedges.

Track NFT Movement: Developed frontend mechanisms to reflect how the hedge moves with the NFT when it is transferred, ensuring accurate display of ownership and hedge status.

Real-time Data Display:

Implemented logic to fetch and display real-time on-chain data, including current hedged amounts, transaction statuses, and NFT details, providing users with up-to-date information.

User Experience (UX) Optimization:

Focused on creating clear and concise user flows for initiating, adjusting, and withdrawing hedges, minimizing potential user errors in complex DeFi operations.

Ensured full responsiveness across all devices, providing an optimal experience whether on desktop or mobile.

Security-Focused Frontend Practices:

Implemented best practices for frontend security in Web3 applications, ensuring robust error handling for blockchain interactions and protecting user data during wallet operations.