DefiLens - Memecoin Rebalancer

DefiLens - Memecoin Rebalancer

Never miss a memecoin opportunity – easily trade multiple coins at once with zero gas fees and simple one-click rebalancing.

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Built at Based India
Based India
DefiLens - Memecoin Rebalancer

DefiLens - Memecoin Rebalancer

Never miss a memecoin opportunity – easily trade multiple coins at once with zero gas fees and simple one-click rebalancing.

Why are you participating for Based India?

I like to build onchain apps, and there's lots of new stuff happening with decentralized apps. Base is great because they give developers what we need - like smart wallets and ways to pay for user transactions. Plus, Base has a lot of TVL, which means more users and liquidity. It's the perfect place to build my project. That's why I'm excited to join this hackathon and show what I can make on Base.

What challenges are you focusing on?

With our project on Base, we're tackling some key challenges for memecoin investors:

  • Making it simpler to buy different memecoins on Base. Right now, it's tricky for people to invest in multiple coins easily.
  • Cutting down on gas fees. We're using Base to help users trade without paying extra, which is great for smaller investors.
  • Keeping users in the know. We're providing easy access to market info and trends about Base memecoins to help people make smarter choices.
  • Simplifying the investment process. Our goal is to help folks manage their Base memecoin portfolios without needing to be tech wizards.
  • Giving more control to users. We're working on ways for people to easily adjust their investments based on what's happening in the Base memecoin market.

By building on Base, we're aiming to make memecoin investing on this chain easier, cheaper, and more user-friendly for everyone in our community.

How does your submission address this challenge?

Our project, DefiLens Memecoin Rebalancer, helps solve problems for memecoin investors on Base. Here's what it does:

  • Easy buying: Users can buy many different Base memecoins at once, all in one click. This saves time and makes investing simpler.
  • No extra fees: We cover the gas fees, so users can trade without worrying about extra costs. This is really helpful for small investors.
  • Market info: We give users up-to-date info about Base memecoins. This helps them make smarter choices about what to buy or sell.
  • Simple portfolio management: Users can easily see and manage all their Base memecoins in one place. It's like having a control panel for your investments.
  • Filtering options: People can sort memecoins by things like market cap or trading volume. This helps them find the coins they're most interested in.

The impact could be big. We think this tool will make it easier for more people to get into memecoin investing on Base. It could bring new users to the Base network and help grow the whole ecosystem. By making investing easier and cheaper, we hope to see more activity and growth in the Base memecoin market.

Challenges I ran into

When we started, it was hard to figure out what to build. After talking to people and going to ETHSingapore, I learned that many users like investing in memecoins. So we decided to focus on that.
Our biggest challenges were:

  • Supporting all memecoins, even new ones. We worked hard and now we support all Base memecoins.
  • Making it easy for users to buy multiple memecoins at once. We tried different designs and found a good way for users to buy or rebalance many coins in one go.
  • Connecting with different exchanges. We had to integrate Uniswap, OKX, ParaSwap, 1inch, and dZap to make sure we could handle all kinds of trades.
  • Getting fast quotes when users want to buy many coins. It was tricky, but now we can quickly get quotes even when users pick 10 or more memecoins.
  • Adding more features that users asked for, like charts and market info for each coin. We also made it so users can filter coins by things like market cap or 24-hour volume.

It wasn't easy, but we're happy with what we've built. Now users can easily buy multiple memecoins without paying gas fees, and they have all the info they need to make good choices.

Additional Features

We started this project during the hackathon, and we've added some cool features to make memecoin trading on Base even easier:

  • Bookmarks: Users can now save their favorite memecoins. This makes it quick to find and trade the coins they care about most.
  • Detailed coin analysis: We added charts, market data, 24-hour price changes, market cap, and total volume for each memecoin. This helps users make better decisions.
  • Portfolio tracker: There's now a section where users can see all the memecoins they own. It shows how much their whole portfolio is worth and makes it easy to check their buying history.
  • Batch selling: If users want to sell when they're in profit, they can now sell multiple memecoins at once. This saves time and makes taking profits easier.

All these features are new and were built during the hackathon. We wanted to give users more tools to trade and manage their memecoins on Base without hassle

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