ellipse
The infra of the memecoin financial derivatives,through which user can short and long any memecoin they want
视频
描述
building the vault which lp supply memecoin and the user can leverage with any token
Your idea is quite interesting! It’s an innovative Memecoin economic model that can attract different types of users:
- Earning Opportunities for Memecoin HoldersAs a holder, users can deposit their Memecoin into the vault to earn interest.The interest can come from lending rates or be redistributed from platform transaction fees, enhancing long-term returns for holders.
- A Shorting Tool for DegensBy staking ETH, users can borrow Memecoin to sell in the market, enabling a short-selling strategy.The platform’s liquidation mechanism and interest rate model need to be carefully designed to ensure security and prevent liquidity crises.
- A Two-Sided MarketOn one side are Memecoin holders seeking stable returns, and on the other are risk-taking speculators.By matching these two demands, the vault becomes not only a "liquidity pool" but also a revenue generator through intermediary fees.
Key Challenges to Address:
- Liquidity and Liquidation Mechanism: How do you prevent collateral shortfalls during market volatility?
- Interest Rate Design: How to provide reasonable annualized returns for depositors while charging sufficient interest to borrowers, balancing platform profitability and user appeal?
- Market Adoption: Attracting enough users to participate in the vault is critical to the model’s success.
本次黑客松进展
Day 1: Setting up the environment (repositories, boilerplate code). Creating wireframes or initial designs. Basic implementation of core features. Day 2: Advancing core functionalities. Resolving early bugs. Testing MVP (Minimum Viable Product) usability. Day 3 (if applicable): Polishing UI/UX. Integrating all components (frontend-backend linkage, API connections). Preparing for the final demo.
