DeFiGuard: Decentralized Risk Assessment Platform

Project Overview

DeFiGuard is a comprehensive decentralized risk assessment platform that helps users make informed decisions when interacting with DeFi protocols. By aggregating on-chain data, smart contract analysis, and community feedback, DeFiGuard provides real-time risk scores and safety recommendations for DeFi protocols, tokens, and liquidity pools.

Problem Statement

The DeFi ecosystem is rapidly growing but remains complex and risky for average users. Current challenges include:

• Information Asymmetry: Users lack comprehensive risk assessment tools

• Smart Contract Vulnerabilities: Difficulty in evaluating contract security

• Rug Pull Risks: Limited early warning systems for fraudulent projects

• Fragmented Data: Risk information scattered across multiple platforms

• Technical Barriers: Complex risk analysis requires technical expertise

Solution

DeFiGuard addresses these challenges through:

Core Features

1. Real-time Risk Scoring: AI-powered analysis of smart contracts, tokenomics, and team credentials

2. Community Governance: Decentralized community voting on protocol safety assessments

3. Early Warning System: Automated alerts for suspicious activities and potential risks

4. Portfolio Risk Analysis: Comprehensive risk assessment for users' entire DeFi portfolios

5. Educational Resources: Interactive guides and risk education materials

Technical Architecture

• Smart Contracts: Ethereum/Polygon-based governance and reputation system

• Oracle Network: Chainlink integration for real-time price and protocol data

• AI Analysis Engine: Machine learning models for pattern recognition and risk prediction

• IPFS Storage: Decentralized storage for analysis reports and community data

• Cross-chain Compatibility: Multi-chain support for major DeFi ecosystems

Technology Stack

Blockchain & Smart Contracts

• Primary Chain: Ethereum (Mainnet) / Polygon (for lower fees)

• Smart Contract Language: Solidity

• Development Framework: Hardhat

• Testing: Foundry, Waffle

Backend Infrastructure

• API Framework: Node.js with Express

• Database: PostgreSQL for structured data, IPFS for decentralized storage

• Oracles: Chainlink Price Feeds, The Graph Protocol

• Analytics: Python with TensorFlow for ML models

Frontend

• Framework: React.js with TypeScript

• Web3 Integration: Web3.js, Ethers.js

• UI Library: Material-UI / Chakra UI

• Wallet Connection: WalletConnect, MetaMask

Data Sources

• On-chain Data: The Graph, Moralis API

• DeFi Protocols: Uniswap, Compound, Aave APIs

• Security Analysis: MythX, Slither integration

• Market Data: CoinGecko, CoinMarketCap APIs