Decentralized application

The final smart contracts are deployed on the Ethereum's Sepolia testnet, and the frontend is deployed using Vercel.

Project Objective The objective of this project was to build a working staking dApp from the smart contract layer to the user interface.

The platform implements an ERC-20 staking token called STK, an ERC-20 reward token called RWD, a staking contract that holds users staked STK, time-based reward calculation, STK approval before staking, staking, withdrawal of staked tokens, reward claiming, configurable APR for the contract owner.

Pause and unpause functionality.

And the extension is basically similar to Albi wallet.

So people can use the extension to receive funds on Lightning or connect the extension, for example, to web application for trading or for example, I don't know, decentralized application like dApps or prediction market, whatever.

So it's like the interface of layer choose for web application.

And with the same tech, so basically with the web application, we built this SDK for wallets.

And then what else across the ecosystem or maybe you excited about other applications use cases uh what can you highlight

so absolutely so like there are three four areas which are very exciting number one as i mentioned zig markets but i'll talk about it in a little later but first let me start about something that i'm personally very excited about so there's a platform called zamanat zamanat is the world's first sharia compliant uh tokenization platform um are 2.5 billion muslims in the world but there is not a single uh you know player that can cater to all of their needs and it's a nine trillion dollar economy that is untapped in a way they are building on the chain and they are uh launching the first ever tokenized fund out of the ifc um very very soon and this um it's it's done on the chain as well then um so i'm very excited about that what they are doing their their pipeline is buzzing i'm very excited about auro auro is an is a is an ai engine that is built on top of a of on-chain finance it's not exclusive to the chain that they are multi-chain zik chain ethereum solana and many other chains but they basically take away again the complexity of web3 by telling people that through typing or through voice they can actually use ai to to to pick the best investment opportunities directly invest into them then they work with like you know integration so you can even work with your card payments and stuff as well Veldora I mentioned Veldora is bringing volts out there for tokenized asset at the back end we have a lot of strategies but what what is more exciting most exciting is the glue in between which is zig markets what we have done is that we have we have built this in-house capability where we are able to again take away the complexity of structuring the transactions creating the legal wrappers and everything we eventually have come up with a solution where all these dApps that are building out there and acquiring customers, we give them a single API, and using that single API, that single API contains everything.

It contains yield, it contains licensing, it contains custody, it contains everything, accounting, everything.

Through that single API, they're able to show full set of services and full set of investment opportunities that they can give to their customers and all they have to do is just to integrate a single API.

So for some workflows, they integrate with our API, but with this use case, they will go to Camino itself, try to connect the wallet.

And then the way that we standardize connecting to dApps across different chains is utilizing Wallet Connect protocol for that.

So basically, they have the wallet, which is a backend wallet.

It doesn't sit like... on the browser, although we have a browser extension, but this is like an extension for UX.

Got it.

So how do you solve that? I mean, I can guess, right? Nonce accounts feels like the way, but it's not just nonce accounts.

There's the communication, there's getting the standard flow for these different dApps to actually use this, right? Because...

From their perspective, they don't know much about the wallet or the user or anything, right? Like they're just sort of assuming that it's going to be this thing with the block hash.

But where Ethereum really shines is on the censorship resistance, um, piece of it.

So kind of like the, the, the fact alone that I, in, in my study, um, can run an Ethereum full node, um, uh, this is w- with kind of like extremely minor overhead, um, on a dApp node, um, that, that's, that's crazy to me.

So kind of if I wanted to run a Solana full node, kind of there's no way I could do it.

There's absolutely no way, way I could do it.

Blockchain financial services dominated, with $498 million across 19 deals.

Tokenization platforms drew about $114 million, and dApp development platforms pulled in $77 million.

Trax tracks 3,957 blockchain firms in the region, but only 167 have reached Series A or later.

That includes 50 at Series B, 14 at Series C, and just four at Series D or beyond.

Right.

Nobody is building dApps on Pi.

They're just inviting their cousins to mine it.

Yeah, exactly.

So if you think about DeFi protocols, we look at how much TVL runs on these protocols relative to their market capitalization when it comes to more service oriented protocols, the likes of oracles, for example.

how many of those dApps are actually supported as a key part of the value chain, key part of the value generation.

And then we also have other kind of important metrics to make sure that the underlying constituent set of these indices is really distinct.

So for example, we have a unique code-based filter, which basically ensures that there's no duplication when it comes to that value generation that is represented by these indices so you for example if you have two two protocols two code bases that are very similar so let's for example compare bitcoin and litecoin you wouldn't see both constituents in an index and again coming back to the product market fit piece what you want to avoid is So, tokens that are very highly priced but are actually seeing very little adoption and underlying usage when it comes to what's actually happening on these blockchains and inside those ecosystems.