From 10e1b45b4b66b7f7bf201124527a145bbc8cb5cf Mon Sep 17 00:00:00 2001 From: Silent Base Developer Date: Tue, 10 Sep 2024 09:29:23 +0700 Subject: [PATCH] Create SilentBase.md --- applications/SilentBase.md | 99 ++++++++++++++++++++++++++++++++++++++ 1 file changed, 99 insertions(+) create mode 100644 applications/SilentBase.md diff --git a/applications/SilentBase.md b/applications/SilentBase.md new file mode 100644 index 00000000000..890cc6b64ec --- /dev/null +++ b/applications/SilentBase.md @@ -0,0 +1,99 @@ +# Silent Base Project Grant Proposal + +- **Team Name:** Silent Base Team +- **Payment Details:** + - **USDC (Ethereum):** 0x6cB895e802E59d90A445B573307509Ea334189Cf +- **Level:** 1 + +## Project Overview :page_facing_up: + +### Overview + +- **Silent Base** is a decentralized orderbook protocol on Ethereum Layer 2. +- The platform offers staking, an invite-to-earn program, and a bridge for cross-chain asset transfers. +- Our project is designed to enhance the scalability and usability of decentralized finance (DeFi) on Layer 2 Ethereum solutions like Base, Arbitrum, or Optimism. + +### Project Details + +We plan to implement the following: + +- **Decentralized Orderbook**: A core order matching engine with UI components for users to place and track their orders. +- **Cross-chain Bridge**: A secure bridge to facilitate asset transfers between Ethereum and other Layer 2 solutions. +- **Staking and Rewards System**: An on-chain staking mechanism that offers users rewards for participating in the platform. + +We will use the following technology stack: +- **Smart Contracts**: Solidity-based contracts on Ethereum Layer 2 +- **Frontend**: React with Web3 integrations +- **Backend**: Node.js for off-chain services such as notifications and analytics + +### Screenshots and Previews + +1. ![Orderbook Engine Screenshot](https://docs.silentbase.xyz/~gitbook/image?url=https%3A%2F%2F2216137726-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F00KsKzPk6Db4O2MojYyF%252Fuploads%252FyrUs2fEu378M1Kdm2mOi%252Fimage.gif%3Falt%3Dmedia%26token%3D08ae1051-78f8-4daa-b5f2-8034520f23f0&width=768&dpr=1&quality=100&sign=21ac21cd&sv=1) + +2. ![Cross-chain Bridge MVP](https://docs.silentbase.xyz/~gitbook/image?url=https%3A%2F%2F2216137726-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F00KsKzPk6Db4O2MojYyF%252Fuploads%252F7wj0U8F3pCRCVIT9oc4Y%252Fimage%2520%281%29.gif%3Falt%3Dmedia%26token%3Da5a8fdd8-f48a-4f58-91d4-04a6f06c565c&width=768&dpr=1&quality=100&sign=2dc4b46b&sv=1) + +3. ![Website Mockup](https://docs.silentbase.xyz/~gitbook/image?url=https%3A%2F%2F2216137726-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F00KsKzPk6Db4O2MojYyF%252Fuploads%252FBamYKHgWGGump91QWjoP%252Fwebsite-mockup-66bf4a9931ed186fc7bb3fc4-%25402x.webp%3Falt%3Dmedia%26token%3D1c53a011-f1e8-4c5a-a0df-c1d6f5355128&width=768&dpr=1&quality=100&sign=b82bf914&sv=1) + +### Ecosystem Fit + +- Silent Base operates within the **Ethereum Layer 2** ecosystem, helping solve high transaction fees and slow speeds. +- **Target Audience**: DeFi users, DApp developers, and users of decentralized trading platforms. +- **Unique Proposition**: Unlike other decentralized exchanges (DEXs), Silent Base focuses on scalability using Layer 2 solutions and an advanced cross-chain bridge. + +## Team :busts_in_silhouette: + +### Team member +- **Team Lead & Developer**: Kelvin Yuli Andrian ([linkedin](https://linkedin.com/in/kelvinzer0)) + +### Contact +- **Contact Email**: info@silentbase.xyz +- **Website**: [silentbase.xyz](https://silentbase.xyz) + +### Team's experience + +Our team has experience building smart contracts, Layer 2 solutions, and other DeFi projects. + +### Team Code Repos + +- https://github.com/SilentBaseXYZ +- https://github.com/kelvinzer0 + +## Development Status :open_book: + +- **Research**: We have explored different Layer 2 solutions and bridges. +- **Prototypes**: We have a working prototype of the decentralized orderbook engine. + +## Development Roadmap :nut_and_bolt: + +### Overview + +- **Total Estimated Duration:** 3 months +- **Full-Time Equivalent (FTE):** 2 FTE +- **Total Costs:** **9,000 USD** + +### Milestone 1 — Core functionality + +| Number | Deliverable | Specification | +| -----: | ----------- | ------------- | +| **0a.** | License | MIT | +| **0b.** | Documentation | Inline documentation and a basic tutorial on interacting with the orderbook and staking. | +| **0c.** | Testing Guide | Comprehensive unit tests with instructions on running them. | +| **0d.** | Docker | A Dockerfile for local deployment of the platform. | +| 1. | Orderbook Engine | A working order matching engine with basic frontend. | +| 2. | Cross-chain Bridge MVP | Basic bridge for transferring assets between Ethereum and one Layer 2 chain. | + +### Milestone 2 — Additional features + +| Number | Deliverable | Specification | +| -----: | ----------- | ------------- | +| **1.** | Staking System | A staking contract with reward distribution. | +| 2. | Improved Bridge | Expanded cross-chain compatibility. | + +## Future Plans + +- We aim to continuously improve Silent Base by adding more Layer 2 chains and refining the staking system. +- We plan to integrate further with Ethereum Layer 2 solutions to scale our decentralized exchange operations. + +## Additional Information :heavy_plus_sign: + +**How did you hear about the Grants Program?** Community discussions.