[Accepted] Firebird Finance

Proposal details

Project Name

Firebird Finance

Project Type

DeFi

Proposal Description

Firebird Finance is a one-stop DeFi platform that aims to revolutionize decentralized finance services by meeting all your requirements in a single platform. Our purpose in DeFi is to provide our users with a suite of high-performing products that are designed to bring innovation, security, and high yields under a single project.

At Firebird Finance, we build user-centered products around several cores values:

  1. To become the ‘Ultimate Superstore’ of DeFi, offering the best of everything.
  2. Increase user accessibility to yield farming and decentralized markets.
  3. To build on-chain voting solutions for governance, giving power to our stakeholders.
  4. Reward stakeholders with flexible, optimized and profitable pool strategies.

Provide our users with the safest and most profitable approach to DeFi.

Firebird Finance is already deployed on Polygon, BSC, KCC, Fantom, Avalanche, and Moonriver. Launching a DEX aggregator is just the first step in deploying our complete ecosystem on IoTeX. As time progresses we will add additional products and features including; our next-gen Vaults capable of using multiple strategies to bring users even higher yields, and Farms-as-a-Service, easy to create incentivized liquidity mining pools that allow other businesses maximum customization options starting from pool weight to vested and multiple rewards.

We are requesting $100K in equity-free contribution: As well as funding, we are looking for IoTeX’s help with product development, fundraising, and talent recruitment.

The grants will be used for incentivizing the community pools on Iotex Network and any development cost, marketing initiatives.

Milestones

  • Milestone 1: Deployment on Iotex
    • Duration (weeks): 2 weeks (done)
    • Deliverables: feature-complete product on mainnet
    • Funds request (USD): 10,000 USD
  • Milestone 2: Vaults/FaaS
    • Duration (weeks): 2 weeks
    • Deliverables: feature-complete product on mainnet
    • Funds request (USD): 20,000 USD
  • Milestone 3: Onboarding 5 projects/partners on Firebird platform
    • Funds request (USD): 70,000 USD

Total funds requested

[ 100,000 USD ]

About your Team

Anon team KYC’ed to MCN Ventures, we have extensive backgrounds in finance and crypto since 2014. Our team is 5 developers strong in all possible languages.

Metrics

Milestone 1: Deployment on Iotex (done)

Milestone 2: Vaults/FaaS - ongoing

  • 1k users, $10M Trading volume

Milestone 3: Onboarding 5 projects/partners on Firebird platform

  • 5k users and $50M Trading volume in the first 3 months**

Links

Website: https://firebird.finance/
Twitter: https://twitter.com/FinanceFirebird
Github: Firebird Finance · GitHub

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=== Please add Milestone Reports below ===

Milestone reports

Milestone Report: #1
Deliverable Name : Swap feature complete product on mainnet
Proof : Firebird Finance
Note : deployment of contract and frontend
Invoice addess: Token Address | IoTeXScan

Milestone Report: #2
Deliverable Name : Vaults/FaaS feature-complete product on mainnet (done)
Proof : Firebird Finance
Note : Volume around $400k, ~ 750 swap tx ( from 120 swapping user), 850 connected wallet
Invoice addess: Token Address | IoTeXScan

1 Like

@Christina - the “Metrics” section should be per-milestone, mind adding details?

updated. Please check @raullen

Congratulations and looking forward to the growth on iotex !