Created on 15th February 2025
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1.) Fragmented DeFi Management
Plutus solves the problem of managing multiple DeFi wallets and investments by providing:
•A unified platform for managing multiple wallets
•Real-time tracking of balances and transactions
•Centralized view of staking activities across different protocols
2.) Investment Decision Complexity
Addresses the challenge of making informed investment decisions through:
•AI-powered market analysis
•Social media sentiment tracking via Twitter metrics
•Market cap data evaluation
•Personalized staking recommendations
3.) Staking Accessibility
Simplifies the typically complex staking process by:
•Providing direct staking through the dApp
•Offering real-time reward rate information
•Automating reward tracking
•Supporting multiple staking protocols through Stake Kit integration
4.) Technical Knowledge Barrier
Reduces the technical expertise required for DeFi participation through:
•User-friendly email authentication
•Interactive chatbot assistance
•Automated transaction handling
•Simplified wallet connection process
5.) Data Accessibility and Analysis
Solves the problem of scattered and hard-to-interpret blockchain data by:
•Integrating on-chain data through Hyperbolic API
•Providing real-time analytics
•Offering AI-driven insights
•Centralizing relevant market information
1.) Complex Integration of Multiple APIs
• The project integrates numerous APIs (Privy, Coinbase Agent Kit, Cookie API, Staking_Rewards_API, OpenRouter API,
• Hyperbolic API), which likely presented challenges in:
2.) Managing multiple API authentication flows
•Handling different response formats and error cases
•Coordinating data flow between various services
3.) Staking Implementation Complexity
•The Stake Kit API integration shows a particularly complex flow involving multiple endpoints and states:
•Managing the multi-step transaction process (fetching yields, checking balances, creating sessions, handling unsigned transactions)
•Implementing retry logic for transaction status checks (up to 30 attempts)
•Coordinating between wallet providers, viem, and the Stake Kit API
4.) Wallet Management Security
•Implementing secure wallet functionality through Privy appears challenging due to:
=>Managing both client-side and server-side wallet creation
=>Implementing secure transaction policies
=>Handling email authentication alongside wallet connections
5.) AI Integration Complexity
• Implementing AI-driven features that combine:
=>Market sentiment analysis from Twitter data
=>Market cap analysis
=>Integration with OpenRouter API for chatbot functionality
=>This would require complex data processing and model integration.
Tracks Applied (3)