endorsedCompleted

Decentralized Finance Application Dev for Web3 Startup

Services Covered:

Blockchain Development • Web Application Development • Mobile Application Development

Industry

Software Development

13 months

Budget

50K - 199K

Start Date

1 January 2022

Team Size

1-5

Engagement Model

Nearshore

Project Capability Score (PCS)

72/100

Good

Project Capability Score (PCS) estimates how capable STARTECHUP is of successfully delivering a project like this, based on its past experience, track record, and ability to handle similar work. Learn more about PCS

Client

Confidential

Singapore, Singapore

Project Summary

Startechup's front- and backend developers built a cross-chain DeFi application for a Web3 startup, focusing on swapping, liquidity pool and lending features and implementing smart contracts. The team used Infura and Moralis for cross-chain compatibility and APIs and developed the frontend in ReactJS with backend services in JavaScript. Startechup delivered high-quality work, consistently met deadlines, communicated clearly, and worked in an Agile process; the client noted testing as an area for improvement.

Key Challenges

Build a cross-chain DeFi platform connecting multiple blockchains
Implement a swapping exchange to allow token exchanges
Create liquidity pools that generate fees and rewards for users
Develop a lending platform enabling cryptocurrency lending and fee handling
Redistribute collected fees to token holders (Dexcimal Tokens)

Project Deliverables

DeFi application
Swapping exchange feature
Liquidity pool feature
Lending platform
Smart contracts (Solidity)
Frontend website (ReactJS)
Backend services

Project Solution

Startechup developed a cross-chain DeFi application implementing swapping, liquidity pool, and lending platform functionality. The vendor implemented smart contracts in Solidity and built the frontend using ReactJS and backend services in JavaScript, leveraging Infura for node access and Moralis APIs for blockchain integration. Two developers (one frontend and one backend) were assigned to the project and the team followed an Agile process.

Project Outcome

Met deadlines consistently
Addressed roadblocks quickly through clear communication
Agile workflow and responsive management improved efficiency and client satisfaction

Platforms

Blockchain
Web

Tech Stack

React.js
JavaScript

Client Endorsement

Overall Review Rating

Timeliness

Cost Rating

Willing to Refer

Quality of Deliverables

“Startechup consistently met deadlines, which contributed to the overall success of the partnership. Their experienced team delivered high-quality work that often exceeded the client's expectations. Any roadblocks were quickly addressed because Startechup communicated clearly; they worked in Agile.”
Anonymous
Founder
Date: 02/08/2023