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?
KnightSafe
<u>Trust and Accountability</u>
KnightSafe has built a strong reputation in the DeFi space, with a proven track record of generating significant trading volume on different DeFi protocols. KnightSafe’s capabilities have been officially recognized through a secured GMX grant, underscoring the value we deliver to the trading community. Our expertise is further validated by the significant Total Value Locked (TVL) on KnightSafe, showcasing our ability to bring substantial liquidity to the Cardano ecosystem. Current TVL reaches $30m and is still growing steadily. By maintaining transparent and secure operations, KnightSafe has become a trusted platform for DeFi users and traders.
<u>Approach Validation</u>
During the GMX's grant period, KnightSafe exceeded $180 million in trading volume, contributing over $100k in trading fees to the GMX protocol. This performance, combined with the additional liquidity KnightSafe provides to the market, has been instrumental in driving ecosystem growth. The volume generated during the grant period speaks to the effectiveness of KnightSafe as a tool, with our trading activities providing direct financial benefits to the GMX protocol and supporting liquidity in the broader market. Furthermore, KnightSafe's strategic partnership with BitBot, a project that recently raised over $3M, reinforces the value and impact of our approach.
<u>Technical Approach Feasibility Research</u>
KnightSafe’s technical approach is not only feasible but has been successfully implemented, as evidenced by the significant trading volume as well as TVL secured by KnightSafe, demonstrates our ability to handle high-frequency trading and liquidity provision. Additionally, the audit conducted by SlowMist underline the feasibility and security of our platform, ensuring KnightSafe’s place as a leading solution in the DeFi space.
KnightSafe is also in partnership with SIDAN Lab and DeltaDeFi team with Cardano experts supporting the implementation.
Track Record: <https://gov.gmx.io/t/knightsafe-gmx-grant-final-report/3847>
Partnership: <https://hackernoon.com/bitbots-presale-passes-$3m-after-ai-development-update>
Audit Report: https://github.com/knight-safe/knight-safe-contracts-v2/blob/master/audits/26-7-2024_SlowMist_KnightSafe.pdf/
SIDAN Lab
<u>Trust and Accountability</u>
SIDAN Lab is dedicated to advancing the Cardano ecosystem through active contributions to open-source projects. Our team plays a key role in developing and maintaining projects such as Vodka, Whisky, and MeshJS, ensuring tools are accessible and adaptable for the community. Collaborating with leading projects like Andamio and Maestro, we are deeply committed to fostering transparency, education, and community-driven innovation in blockchain development.
<u>Approach Validation</u>
Our contributions to Vodka and Whisky, used across Cardano, validate our approach to building reliable, community-oriented tools. These projects demonstrate our commitment to creating robust and scalable open-source solutions.
<u>Technical Approach Feasibility Research</u>
SIDAN Lab’s technical feasibility is grounded in its open-source ethos, with all major projects being publicly available for review, testing, and collaboration. This ensures continuous improvement and security, backed by transparency and public audits.
Open Source Project Contribution:
<https://github.com/sidan-lab/vodka>
<https://github.com/sidan-lab/whisky>
<https://github.com/MeshJS/mesh>
<https://x.com/HinsonSIDAN/status/1829091343186178293>
<https://x.com/AndamioPlatform/status/1827010443346399423>
<https://x.com/GoMaestroOrg/status/1770853383559106806>
Apart from open source contribution, we organise educational workshops and networking events below:
Cardano Summit 2024 - Cardano Community Events Organiser
https://x.com/Cardano_CF/status/1830996737093431760
Workshop:
https://x.com/sidan_lab/status/1832435052892057756
https://x.com/sidan_lab/status/1843283766162415690
<https://x.com/HinsonSIDAN/status/1835544062465884523>
https://x.com/sidan_lab/status/1834428644158320887
https://x.com/sidan_lab/status/1833882298711945280
https://x.com/sidan_lab/status/1829148308163686807
https://x.com/Waffle_Capital/status/1839140102163018208
https://x.com/Waffle_Capital/status/1762664453911216621
https://x.com/Waffle_Capital/status/1778647348010508759
Community meetup:
https://x.com/sidan_lab/status/1803831962878251360
https://x.com/sidan_lab/status/1777377206274249038
<https://x.com/cwpaulm/status/1786026712880304437>
https://x.com/sidan_lab/status/1829148308163686807
<https://x.com/SIDANWhatever/status/1768592384185811205>
Builder meetup:
<https://x.com/HinsonSIDAN/status/1838258467423035643>
<https://x.com/jinglescode/status/1835974464879972526>
Interviews:
<https://x.com/astroboysoup/status/1753419416275124324>
<https://x.com/astroboysoup/status/1802673542485712951>
<https://x.com/cwpaulm/status/1788962110656971173>
https://x.com/dapp_central/status/1754504114321436829
https://x.com/_MrHunt_/status/1777370848673902929
https://x.com/_MrHunt_/status/1783875170718925187/photo/1
https://x.com/_MrHunt_/status/1788228931591540959
IdeaFest:
https://x.com/sidan_lab/status/1808817394514866510
AMA:
https://x.com/sidan_lab/status/1810361746797801919
<https://x.com/SociousDAO/status/1808305281694327019>
<https://x.com/monsterblockhk/status/1787733450528530752>