Please describe your proposed solution.

Our proposed project aims to address a critical issue faced by the decentralized finance (DeFi) community on Cardano - the vulnerability of liquidity pools to manipulation by project founders.

The primary objective of our project is to create a Liquidity Locking Platform on Cardano that is easy to use, features a sleek UI, and provides a simple UX. This type of platform can be found on many other chains and is considered the norm when launching tokens. This platform will serve as a protective layer for early investors, mitigating the risk of project founders pulling liquidity prematurely, thus preserving the value of investments.

Our Liquidity Locking Platform will boast the following key features:

• User-Friendly Interface: A sleek and intuitive user interface (UI) ensuring easy navigation and accessibility for users of all experience levels.

• Seamless User Experience: A simple and streamlined user experience (UX) that guides users through the liquidity locking process without unnecessary complexity.

• Smart Contract Integration: Utilization of the Saturn Smart Contract Execution Platform ensures state of the art technology and scalability.

Please define the positive impact your project will have on the wider Cardano community.

Almost every other chain has an easy-to-use platform for projects to lock liquidity. This is an invaluable asset that has not yet reached Cardano.

The development of such a platform helps to mitigate the risks associated with token launches and the malicious acting of pulling liquidity out from under early buyers.

Our strategy is to create a platform for projects launching tokens that can:

• Simple and concise. The token founder can choose the amount of liquidity tokens that they wish to lock and the timeframe that is most in line with project goals.

• A sleek UI and exemplary UX is needed for this. Our plan is to make this process as user-friendly as possible. There should be no excuse for any legitimate project founder to choose not to lock liquidity as a sign of good faith to prospective customers interested in venturing into the project.

For users of Cardano DeFI and potential customers, this platform will:

• Increased Investor Confidence: A user-friendly platform will foster greater confidence among early investors, encouraging increased participation in Cardano-based projects.

• Enhanced Project Stability: The Liquidity Locking Platform will contribute to the overall stability of Cardano projects by reducing the risk of liquidity manipulation.

What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?

Capability:

We are working with Saturn Smart Contract Execution Platform for the development of Smart contract and for the API. The Saturn team has experience writing contracts in Plutus and in Aiken, with multiple Dapps live on the Cardano Blockchain.

Feasibility:

This will be determined mainly by the number of projects that lock tokens in our service and then the TVL of the tokens that are locked.

Another metric that would be harder to track would be how much our platform helps to reduce the amount of "LP Pulls" that occur on Cardano.

What are the key milestones you need to achieve in order to complete your project successfully?

1-Writing of Smart Contracts and Verification of Integration into Platform

• 1.1 Define a high level overview of the Smart Contract and its workflow

• 1.2 Define fee structure and Locking periods

• 1.3 Develop Smart Contracts

• Deliverable: Github Repo

> 2-Complete build of Front-end and Blockchain Integration

• 2.1 Define UI, color scheme, branding and workflow of website

• 2.2 Develop the API for outside partners to monitor the Smart Contract

• 2.3 Create the website mock up and UI

• 2.4 Develop the website and set up server environment

• 2.5 Integrate the Smart Contract into the website

• Deliverable: Github Repo with website running in development environment

> 3-Testnet Launch

• 3.1 Deploy Smart Contract onto the test net
• 3.2 Perform testing on the locking and claiming of tokens
• 3.3 Open the test net to a select few outside users
• 3.4 Fix any issues that arise during testing
• Deliverable: Launch of testnet with live website

> Final Milestone- Video of platform use

• 4.1 Video showing the use of the platform. It will show a user locking tokens and then being able to claim said tokens once the time period is complete.

Who is in the project team and what are their roles?

Nathan Mantia - <https://twitter.com/D3vryn>

With over 2 decades in hospitality management, Nathan is a seasoned professional known for crafting exceptional experiences. He’s been immersed in Cardano ecosystem since early 2018. He has a bachelor’s degree in Physics with a minor in Mathematics.

Brandon Regester - https://twitter.com/Bleeding_Coyote

I am a design engineer with a few years of experience managing and running design projects. I have been a heavy Cardano defi user for the past 2-3 years, while at the same time getting deep into the NFT scene on Cardano.

SaturnNFT - <https://twitter.com/TheAvatarNick> & <https://twitter.com/TheAvatarChris>

We will be contracting Nick and Chris Maselli of the Saturn Smart Contract Execution Platform to write the smart contracts and develop the entire dApp. Saturn has almost 3 years of smart contract deployment on Cardano.

Please provide a cost breakdown of the proposed work and resources.

1-Writing of Smart Contracts and Verification of Integration into Platform (30,000 ADA)

• 1.1 Define a high level overview of the Smart Contract and its workflow
• 1.2 Define fee structure and Locking periods
• 1.3 Develop Smart Contracts
• Deliverable: Github Repo

2-Complete build of Front-end and Blockchain Integration (50,000 ADA)

• 2.1 Define UI, color scheme, branding and workflow of website
• 2.2 Develop the API for outside partners to monitor the Smart Contract
• 2.3 Develop the website and set up server environment
• 2 4 Integrate the Smart Contract into the website
• Deliverable: Github Repo with website running in development environment

3-Testnet Launch (20,000 ADA)

• 3.1 Deploy Smart Contract onto the test net
• 3.2 Perform testing on the locking and claiming of tokens
• 3.3 Open the test net to a select few outside users
• 3.4 Fix any issues that arise during testing
• Deliverable: Launch of testnet with live website

Final Milestone- Video of platform use

• 4.1 Video showing the use of the platform. It will show a user locking tokens and then being able to claim said tokens once the time period is complete.

How does the cost of the project represent value for money for the Cardano ecosystem?

• This LP Locking service is the standard on all other chains, Cardano needs an LP Locking service to help provide peace of mind when trading tokens on Cardano.
• We are working with Saturn Smart Contract Execution Platform to help us develop a fast and secure Smart Contract, Saturn has experience writing contracts in Plutus and Aiken.
• The website will feature a clean, sleek and easy to use UI that displays what policy IDs are locked and for what period of time in the Smart Contract, while having a simple UX so everyone can use the platform.
• We will provide an API so outside projects can also observe what policy IDs are locked in the platform and for what time period.