SORA-Palmatrix Polkaswap-CEX Bridge Phase 1: CCXT and Zero Data App Wallet Integration

[districtBC]

Proposal Due Date

1.4.2024

Proposal Overview

This is the first step of the main RFP: #80
Prototype of SORA wallet integration into PalmaBot - chatbot/virtual assistant based on a zero data app architecture (e.g. web browser).
It will enable tens of thousands of trading applications to add Polkaswap as one of the exchange sources. Consequently bringing more liquidity into PlkaSwap and SORA ecosystem.

Proposal Goals

1. implement Polkaswap public API connector into CCXT open source library which has great potential on a short-term basis to:

• enable any trading tool that uses CCXT to start trading via SORA network/Polkaswap,
• it is hard to estimate exactly, but for sure in the next 4-year cycle we can expect consequently,
• increased trading volumes as more peers will be trading on Polkaswap with the DEX added to multi-exchange trading environments (such as Palmatrix SOR), and
• increased funding of liquidity pool.

2. Integrate SORA Wallet to Palmatrix platform prototype:

• enable access to Polkaswap/SORA features for PalmaBot users and non-tech-savvy users (masses) in a non-custodial (PalmaBot - B2C) and custodial (Asset Management - B2B) way,
• make SORA wallet accessible to Perception TV users (500 Mio audience reach) and other Palmatrix partners,
• open source SORA wallet integration to any web-based protocol (messenger platforms, browser widgets, etc.)
• increase participation in SORA liquidity pool, and
• increase trading volumes.

Scope of Work

1. Implement Polkaswap into CCXT open-source library (Open Source) -> est. $ 30k USD
   1.1. R&D on how to add a new format of connectors into CCXT which includes wallet address/connection (web3.0 logic)
   1.2. Specify the new web3.0 format in a way that enables usage of existing web2.0 based open source library CCXT
   1.3. Develop MVP for hybrid connector: classic CCXT format connector + wallet connection
   1.4. Launch Alpha testing (real money team testing)
   1.5. Launch Beta testing (real money community testing)
   1.6. Run through the procedure to get it confirmed by CCXT admins
   1.7. Release to public version of CCXT
   

2. Integrate SORA Wallet to PalmaBot prototype (Open Source) -> est. $ 60k USD
   2.0. Implement prototype to send/sign transactions
   2.1. R&D on transaction signature within zero data app architecture - specify - to realize the full potential (web browser, messenger platforms, etc.)
   2.2. Upgrade Palmatrix architecture with wallet signature (pythonbot.py) - specify first!
   2.3. Alpha launch of wallet integration (for internal use only).
   

The team dedicated to this phase (and all the following phases):

1. Dorian, Palmatrix CTO
   https://www.linkedin.com/in/42dorian/
   -> Lead Engineer
   -> Developer

2. Tadej, Palmatrix DLT advisor
   https://www.linkedin.com/in/tadej-fius/
   -> Protocols for optimized DEX-CEX communication
   -> Developer

3. Janez, Palmatrix Co-founder
   https://www.linkedin.com/in/kostanjsek/
   -> Palma Architecture Design
   -> Developer

4. Jernej (me), Palmatrix CEO
   http://si.linkedin.com/in/jernejvrcko
   -> Project lead
   -> Devops

Current Roadblocks and Barriers to Success

See parent RFP: #80

Evaluation Metrics and Criteria

1. Specification is done when all steps are defined conceptually.
2. CCXT implementation is done when the defined scope of features are implemented and confirmed by the owner of CCXT in GitHub.

Submission Requirements

See parent RFP: #80

Submission Method

Blockchain: Mainnet

Project Due Date

1.6.2024

Budget Amount

$ 90.000,00 USD