DeFiSync

DeFiSync

Synchronizing Cross-Chain Liquidity Pools

DeFiSync

DeFiSync

Synchronizing Cross-Chain Liquidity Pools


The problem DeFiSync solves

The Problem

High Gas Fees & Low Throughput on Ethereum: Traditional DeFi platforms face scalability issues, leading to high gas fees and slow transactions during network congestion.
Inefficient Liquidity Allocation Across Chains: Managing liquidity across blockchains like Ethereum, ICP, and Manta is complex and inefficient, resulting in suboptimal rewards and fragmented assets.
Lack of Optimized Liquidity Farming: Users miss out on rewards due to a lack of real-time optimization tools, with manual liquidity monitoring being tedious and error-prone.
Governance and Privacy Concerns: Many decentralized platforms lack secure, verifiable governance, and users are worried about transaction privacy.
Cross-Chain Interoperability: Managing liquidity across multiple chains involves complex, manual processes, increasing inefficiency and risks.

The Solution

Scroll zkRollup: Scroll's zkRollup technology batches transactions to reduce gas fees and improve throughput, enabling efficient liquidity deposits and withdrawals.
Cross-Chain Liquidity Management (ICP): ICP’s Cross-Chain DeFi integrates seamless liquidity movement across blockchains like Ethereum, ICP, and Manta, maximizing rewards and capital efficiency.
ORA AI Optimization: ORA AI uses real-time data and algorithms to optimize liquidity allocation, maximizing returns without constant manual intervention.
World ID for Governance: World ID provides secure, private governance, allowing users to vote on proposals and submit ideas while keeping personal details confidential.
TLSNotary for Privacy: TLSNotary ensures secure, verifiable user participation in liquidity pools, addressing privacy concerns and keeping interactions confidential.

Challenges we ran into

  1. getting data's from protocols
  2. compiling files and dependencies
  3. testnet tokens for POC testing

Tracks Applied (8)

🚀 Deploy on Scroll (Pool prize)

Execution Layer Handles all transaction executions like adding/removing liquidity with zk-rollups for high throughput an...Read More

Scroll

Build on Manta

Data Availability & Finalization Layer Ensures that transaction data is securely aggregated, rolled up, and submitted to...Read More

Manta Network

Best Use of The Graph

For decentralized indexing, querying and displaying internal data to dashboard

The Graph

🚀 ICP-Ethereum Chain Fusion Challenge: Bridging DeFi Worlds 🌉

Cross-Chain Management Allows users to add or remove liquidity across multiple blockchains, including EVM-compatible cha...Read More

Internet Computer

🆔 Best Use of World ID

Governance Provides decentralized governance, enabling users to vote on protocol decisions and participate in reward str...Read More

Worldcoin

🏊 Pool Prize

Governance Provides decentralized governance, enabling users to vote on protocol decisions and participate in reward str...Read More

Worldcoin

Best Overall Use Case of TLSNotary

Ensures privacy for users participating in liquidity pools while providing verifiable proofs of their actions.

Privacy & Scaling Explorations

Build with ORA

Liquidity Optimization Uses real-time data analytics to optimize liquidity across pools, ensuring users receive maximum ...Read More

ORA

Discussion