Blocki collaborated with Electron, an innovative DeFi and DEX protocol designed to seamlessly integrate real-world assets with digital currencies. Developed by the Hopers team and built on Neutron, Electron offers a secure and transparent platform for trading both cryptocurrencies and, in the future, physical assets. As a winner of the Neuron Grant Program Batch #3, Hopers received $70,000 in funding to develop Electron, a native Neutron DEX, with the aim of expanding Neutron's DeFi community, leveraging the Hopers team's experience in building applications and communities within the Cosmos ecosystem.
In this project, Blocki played a crucial role on two fronts. On the frontend side, Blocki worked to optimize the wallet connection to the DEX. This was achieved by updating and refining the libraries of the Cosmos Kit Core SDK, ensuring a stable and secure connection between users' wallets and the Electron platform. This improvement significantly increased the reliability and ease of use of the DEX, making the user experience smoother and more intuitive.
On the backend side, Blocki developed an API dedicated to calculating the 24-hour trading volume in USD within the DEX liquidity pools. This API enables precise monitoring of transaction volumes, providing crucial data for users and for managing the DEX. Thanks to this implementation, Electron can offer greater transparency and reliability in trading operations, facilitating informed decisions and enhancing user trust in the platform.
Through these interventions, Blocki has significantly improved the efficiency, transparency, and reliability of operations on Electron, further consolidating its position in the DeFi landscape.