Stellar Community Fund

By Soroswap.Finance

Soroswap Protocol

SCF #17

$139.2K

Legacy v4.0 Award

Awarded

Open-source AMM protocol with Ecosystem Interoperability for providing liquidity and trading Stellar Assets in Soroban.

Products & Services

For this SCF round, we will focus on three key areas: Development of a Router and Library contract to facilitate interactions with Soroswap for other protocols, wallets, or other types of users. Ecosystem Expansion: We aim to foster inter-protocol operability by collaborating with ecosystem partners. User experience enhancement of the frontend by refining its design and usability, making it more intuitive and user-friendly. To achieve these goals, the Soroswap Team will continue its dedicated support and development of the @soroban-react library. This library serves as a crucial connector between the frontend and smart contract. As with all our initiatives, our products and contributions will remain 100% open-source.

In the following, we explain each of these areas: Smart Contract Development. The Router Smart Contract: We will develop the Router Smart Contract, similar to UniswapV2Router02, to facilitate advanced trading functionalities. What does this solve?: Swap of tokens when a direct pair does not exist, by calculating optimal paths. It will also handle liquidity provision and manage deposit and withdrawal functions for liquidity providers within the Soroswap ecosystem.

The Library Smart Contract: Create the Library contract, similar to the UniswapV2Library contract. What does this solve?: Won’t need to write again functions and calculations used in the Soroswap Protocol, enabling efficient and optimized code execution across different contracts.

Ecosystem Expansion: Inter-protocol operability. We will conduct research and reach out to potential ecosystem partners interested in integrating the Soroswap AMM into their products. Some of the ecosystem players we have already established contact with include stream payments solution SStream, banking and cross-border payments solution Meru, and gamified DeFi interface Dogstar. Other players could be LP staking incentives protocols like Aquarius.

Choose 2 partners. We will select two partners based on our research to collaborate on creating proof-of-concept smart contracts, libraries, or codes that will interact with Soroswap. Documentation. We will create documentation, tutorials, and content to help other protocols interact with Soroswap. We'll share our experiences, publish code, and even conduct YouTube interviews. Our goal is to provide valuable resources and foster collaboration within the ecosystem.

User Experience Enhancement: We will improve the frontend design for a polished and visually appealing experience. Our focus is on intuitive navigation, responsive design, seamless transactions, and attractive aesthetics. Our goal is to deliver a refined frontend ready for the Soroban Mainnet launch.