Products and Services

Peridot is a cross-chain DeFi protocol enabling lending, borrowing, and dual investments from its earliest stage.
Our main app is live at finance/app, and we have deployed a Stellar-based example at peridot-soroban13.vercel.app.
We are continuously enhancing the platform, with a strong focus on cross-chain capabilities as a core feature.

Scope of This Submission

This proposal will deliver six production-ready components, moving Peridot from proof-of-concept to a full-scale cross-chain lending platform.

1. Lending & Borrowing Suite

• Technology: Full Soroban WASM smart contracts

• Functions: Collateral management, interest rate calculations, liquidation handling for fractional tokens

• Settlement: All repayments and liquidations settle in XLM, leveraging Stellar’s speed and cost efficiency

• Impact: Generates protocol revenue while showcasing Stellar’s performance

2. Cross-Chain Bridge Integration

• Current Tech: Wormhole-based bridge

• Functionality: Seamless movement of fractional tokens between Stellar and other chains (Ethereum, Sui, etc.)

• Future Focus: Development of a simpler, more user-friendly bridging solution

3. AI Strategy Agent (MVP)

• Purpose: On-chain, data-driven assistant for users

• Capabilities: Guides toward yield-optimised, risk-adjusted positions

• Target Users: Ideal for DeFi newcomers and capital-efficiency seekers

4. Oracle Layer

• Providers: Witnet or Pyth price feeds

• Role: Real-time updates of collateral valuations

• Goal: Maintain accurate loan-to-value ratios, protect lenders against stale or manipulated pricing

5. Stellar-Optimised Frontend

• Design: Tailored for Freighter and LOBSTR wallets

• User Experience: One-click interactions that hide cross-chain complexity

• Advantage: Turns Soroban’s fast confirmations into a smooth, Web2-like experience

Outcome:
These upgrades will:

• Broaden asset access for a wider range of users

• Deepen Stellar liquidity

• Position Stellar at the core of the emerging cross-chain lending economy

Maybe in the future, but not in this submission

$91.8K

1. Testnet as a Public Dress Rehearsal

Timeline: Within 4 weeks of grant approval
Actions:

• Deploy Peridot on Soroban testnet

• Stress-test lending contracts under real user traffic

• Gather behavioral data for the AI Strategy Agent

User Incentives:

• XP points for each wallet action → redeemable for future fee rebates

• Rolling bug-bounty funded in XLM, turning early users into auditors

Goal: Ensure code resilience and user readiness before mainnet launch

2. Developer-First Momentum

Positioning: Easiest lending & flashloan platform for end-users and developers
Approach:

• Developer-friendly SDK and documentation

• Low-friction integration for cross-chain use cases

3. Liquidity Bootstrapping & Yield Hooks

Phase: 90-day “Genesis Liquidity” immediately after testnet completion
Incentives for Lenders:

• Boosted interest, funded by 5% of token supply (linearly vested to prevent mercenary capital)

Incentives for Borrowers:

• XLM rebates for maintaining healthy loan-to-value ratios

Engagement Tool:

• Real-time leaderboard to gamify participation and encourage social sharing

4. Bridging Web2 Users with a Fiat Express Lane

Onboarding for Crypto Newbies:

• Integration with Reown wallet provider for easy fund loading

• Google account login for wallet management

AI Strategy Agent – Coach Mode:

• Recommends safest LTV ratios

• Sends repayment reminders via e-mail and push notifications

5. Coordinated Launch Countdown

• Begin first audit at least 2 weeks before mainnet

• Target launch: Early September on first supported chain

6. Continuous Growth Flywheel

Post-Launch Initiatives:

• Referral programme funded by protocol revenue

• Tiered gas fee sponsorship to incentivize ongoing activity

1. Testnet as a Public Dress Rehearsal

• Timeline: Within 4 weeks of grant approval

• Actions:

  • Deploy Peridot on Soroban testnet

  • Stress-test lending contracts under real user traffic

  • Gather behavioral data for the AI Strategy Agent

• User Incentives:

  • XP points for every wallet action → redeemable for future fee rebates

  • Rolling bug-bounty programme funded in XLM, turning early users into auditors

• Goal: Ensure code resilience and user readiness before mainnet

2. Developer-First Momentum

• Positioning: Easiest lending & flashloan platform for both end-users and developers

• Approach:

  • Developer-friendly SDK and documentation

  • Low-friction integration for cross-chain use cases

3. Liquidity Bootstrapping & Yield Hooks

• Phase: 90-day “Genesis Liquidity” after testnet completion

• Incentives for Lenders:

  • Boosted interest, funded by 5% of token supply (linearly vested to deter mercenary capital)

• Incentives for Borrowers:

  • XLM rebates for maintaining healthy loan-to-value ratios

• Engagement Tool: Real-time leaderboard to gamify participation and drive social sharing

4. Bridging Web2 Users with a Fiat Express Lane

• Onboarding for Crypto Newbies:

  • Integration with Reown wallet provider for easy fund loading

  • Google account login for wallet management

• AI Strategy Agent in Coach Mode:

  • Suggests safest LTV ratios

  • Sends repayment reminders via e-mail and push notifications

5. Coordinated Launch Countdown

• Audit: Begin first audit at least 2 weeks before mainnet

• Launch Target: Early September on first supported chain

6. Continuous Growth Flywheel

• Post-Launch Initiatives:

  • Referral programme funded by protocol revenue

  • Tiered gas fee sponsorship to incentivize activity

Traction Evidences

Peridot’s momentum is accelerating across ecosystem engagement, community growth, technical recognition, and now on-chain adoption.

🪐 Stellar Ecosystem Engagement

• SCF Kickstart #11 completed, delivering a live Soroban testnet demo: peridotsoroban13.vercel.app

• Maintained one of the highest participation rates in mentor sessions and workshops.

• Currently applying for a Stellar Build Grant to bring the core protocol to Soroban mainnet.

🌐 Cross-Chain Deployment & On-Chain Metrics

• Launched on an EVM chain two weeks ago, with full cross-chain integration via Axelar.

• Early adoption results:

  • 10,000+ unique wallet addresses interacting with the protocol

  • $500,000+ in weekly transaction volume

  • Gamified leaderboard introduced to boost engagement and retention

🌱 Community Growth (Last 6 Weeks)

• 27,500+ unique website visitors

• 300 whitelist early adopters

• Telegram: ~500 members

• X/Twitter: ~1,600 followers

• Recent posts: 150,000+ impressions

🏆 Competitive Recognition

Multiple hackathon wins in recent weeks validate technical depth and ecosystem appeal:

• 🥇 1st Place – The Graph Hackathon (Wormhole integration)

• 🥇 1st Place – Wormhole Sidetrack

• 🥇 1st Place – Soneium DeFi

• 🥇 1st Place – XDC DeFi

• 🥉 3rd Place – Moveathon (DeFi track)

• 🏅 NeoX Community Prize Winner

Deliverable 1 – Core Smart Contracts (Collateral, Borrow/Repay, Liquidation)

Description:

• Develop and unit test Soroban-based smart contracts for lending and borrowing

• Core logic includes: mint, redeem, borrow, repay, and liquidation trigger

Completion Criteria:

• Contracts compile without errors

• All internal unit tests pass

• Deployed locally with simulated lending/borrowing flows

Budget: $9,520
Estimated Completion: 18 Sept 2025

Deliverable 2 – Interest Rate Model & Oracle Integration

Description:

• Implement dynamic interest rate logic based on pool utilization

• Integrate Pyth or Plugin oracle feeds for real-time collateral pricing

Completion Criteria:

• Oracle price updates are correctly retrieved in dev/test environments

• Borrow APR dynamically adjusts according to utilization metrics

Budget: $8,340
Estimated Completion: 01 Oct 2025

Deliverable 3 – Liquidation Engine Logic (Off-chain Bot Spec)

Description:

• Design and test the liquidation bot logic

• Off-chain prototype able to identify undercollateralized loans and trigger liquidation actions

• Ready for testnet deployment

Completion Criteria:

• Successful script simulations against mocked accounts and positions

• Correct liquidation execution in all tested scenarios

Budget: $8,720
Estimated Completion: 17 Oct 2025

Deliverable 4 – Frontend Testnet Integration

Description:

• Connect Soroban contracts to a React-based frontend

• Enable key testnet actions: wallet connect, deposit, borrow, repay

Completion Criteria:

• Fully functional flow from wallet connection to successful loan repayment on Stellar testnet

Budget: $10,410
Estimated Completion: 06 Nov 2025

Deliverable 5 – AI Agent MVP (Strategy Helper)

Description:

• Develop a frontend component offering investment strategies (e.g. low risk / high return)

• Use mock backend or preset logic for recommendations

Completion Criteria:

• Users can select a strategy

• System displays recommended actions based on user balance and preferences

Budget: $10,150
Estimated Completion: 27 Nov 2025

Deliverable 6 – Liquidation Engine Deployment to Testnet

Description:

• Finalize and deploy an off-chain liquidation bot monitoring loan positions

• Bot initiates liquidation transactions on testnet when required

Completion Criteria:

• Bot runs continuously without interruption

• Successful liquidation transactions executed on Stellar testnet when criteria are met

Budget: $10,250
Estimated Completion: 17 Dec 2025

Deliverable 7 – Mainnet Smart Contract Deployment

Description:

• Finalize audit-reviewed smart contracts

• Deploy to Soroban mainnet

Completion Criteria:

• Public contract addresses published

• Deployment verified, with accessible and verified source code

Budget: $11,190
Estimated Completion: 13 Jan 2026

Deliverable 8 – Frontend Mainnet Launch + Wallet Integrations

Description:

• Launch fully functional frontend UI connected to live Soroban contracts

• Full support for Soroban-compatible wallets

Completion Criteria:

• Successful transaction confirmations from the live UI using real accounts

Budget: $10,750
Estimated Completion: 03 Feb 2026

Deliverable 9 – AI Agent Live Integration

Description:

• Deploy final version of the AI strategy assistant

• Features: interaction memory, improved strategy flows, and real-time feedback

Completion Criteria:

• Used by at least 10 real test accounts

• Logs and user feedback confirm successful assistance

Budget: $12,420
Estimated Completion: 24 Feb 2026

Our team consists of experienced blockchain developers and engineers who are passionate about driving innovation in decentralized finance and blockchain technology. With diverse backgrounds in DeFi, NFTs, and cross-chain development, we bring a wealth of knowledge and expertise to the table.

Joshua – Founder and Lead Developer

Joshua has developed on Web3 for over 5 years with the focus on DeFi and Cross-Chain Transactions. He started his journey contributing to the Cronos (Crypto.com) Blockchain Documentation and started building countless DeFi Dapps on EVM Chains for his clients which range from NFT Launches, over to DEXs, Staking Protocols, Bridges, RWA dapps and more.

He then shifted his focus in Hackathons winning 4/5 of the ones he participated in. The most prominent being the Web3 Summit 2024 in Berlin with Propcorn.

In his years before that, he always was in a Team Leading position for almost a decade and recently finished his Bachelor in Finance.

Joshua has a clear goal for Peridot when he started it and prepared a great Network of high standing individuals, partnerships & got feedback from industry specialists to then build a team with expertise to create his vision.

Luis Homann - Co-Founder and Lead BD

Luis Homann is a seasoned professional with a diverse background spanning event sales, community building, and Web3 recruitment. As the Event & Sales Manager at Holvi, he has been instrumental in driving growth and brand presence within the SME sector in Germany and Berlin.

In addition to his role at Holvi, Luis co-founded Jobited, a platform aimed at connecting blockchain engineers with opportunities in the Web3 space. His active engagement in the blockchain community is evident through his efforts to support developers, foster trust, and build meaningful relationships.

At Peridot, Luis leverages his extensive network and deep understanding of the Web3 ecosystem to drive strategic partnerships and community engagement. His commitment to bridging the gap between traditional industries and decentralized technologies positions him as a key asset in Peridot's mission to make DeFi accessible and user-friendly.

Rene - CTO & Frontend Developer

With over 10 years of experience in software development, he brings a solid background in both theoretical and applied computer science. His expertise spans full-stack development, covering frontend technologies like React and Next.js, as well as backend tools including Python and various database systems. Over the years, he has launched multiple web-based projects, from e-commerce platforms to SaaS tools, and has a strong understanding of the complete product lifecycle — from concept to deployment.

More recently, he has shifted focus towards the crypto and DeFi space. He built an analytics platform tailored for blockchain projects and co-founded a startup that explored token and wallet behavior in real time. He is also comfortable with lower-level development when needed and enjoys connecting technical depth with user-facing utility.

He is passionate about building products that solve real problems, and thrives in collaborative environments that mix technical innovation with strategic vision. He believes his cross-disciplinary experience — from practical coding to product thinking — makes him a strong fit for any early-stage or experimental venture like this one.

Daniele - Marketing Strategist

Daniele Montemale, is an experienced marketer with nearly two decades in SaaS, e-commerce, B2B, and B2C. He has been working in both start-ups and multinationals. He specialized in Performance and Growth Marketing.

Because of his thirst for knowledge, he has recently started deepening his expertise in Web3 through active participation in major hackathons.

At Periodot, he is focused on the user-side barriers and the potential of DeFi for Web2 users, which positions him to help Peridot bridge the gap between technical innovation and mainstream adoption.

He supports Periodot with the go-to-market strategy, user acquisition, and translating complex DeFi narratives into clear, actionable messaging that drives real traction.

He brings a full-stack marketing approach to ensure Peridot not only builds a great product but also reaches the right users.

Jutta - UI/UX

Jutta Babak, a designer with over 13 years of experience in art direction, design strategy, and media innovation across digital products, film, marketing, and print. She is deeply passionate about emerging technologies and driven by the belief that design plays a critical role in shaping the future of the internet.

In recent years, she has focused on Web3 and Mixed Reality, both as creative frontiers and as powerful tools for building more open, immersive, and human-centered digital experiences. Participating in hackathons allows her to move from theory to practice, co-creating real, usable applications that contribute to genuine innovation.

At Peridot, she supports the team in giving the brand and product a strong visual shape. Jutta helps to navigate the creative process from early concept to execution, ensuring design decisions align with both user needs and the product’s broader mission. Her goal is to translate complex ideas into intuitive, compelling experiences that resonate with both Web3-native and Web2 users.

With a background in content creation and campaign development at VICE, Virtue, and Litentry, she brings a multidisciplinary lens that merges storytelling, strategy, and design. She's excited to help build products that are not only innovative, but also accessible and impactful.

Nakamo-toe – Community & Marketing

Nakamo-toe is a seasoned marketer with extensive experience working at leading marketing companies and a proven track record in the blockchain space. He is the creator of the highly successful Reddit memecoin Bitcone( https://coinmarketcap.com/de/currencies/bitcone/), which has gained over 16,000 followers on Reddit( https://www.reddit.com/r/ConeHeads/) and achieved notable traction in the crypto community.

Achievements:

- Built and scaled the Bitcone community, demonstrating expertise in community building and viral marketing.

- Created effective campaigns that significantly boosted user engagement and adoption.

- Brings a deep understanding of Web3 marketing strategies and user acquisition to Peridot Protocol.

Team Achievements

🏆 Competitive Recognition

Multiple hackathon wins in recent weeks validate technical depth and ecosystem appeal:

🥇 1st Place – The Graph Hackathon (Wormhole integration)

🥇 1st Place – Wormhole Sidetrack

🥇 1st Place – Soneium DeFi

🥇 1st Place – XDC DeFi

🥉 3rd Place – Moveathon (DeFi track)

🏅 NeoX Community Prize Winner