Name of Grant
RocketFi
RocketFi is a community-driven, unofficial explorer for Rocket Pool DeFi opportunities. It helps rETH holders maximize their participation in DeFi to earn rewards and unlock the utility of rETH. Additionally, it supports node operators in leveraging DeFi to enhance their node operations.
What is the work being proposed?
No.
Is there any related work this builds off of?
No.
Will the results of this project be entirely open source
Yes, GitHub - 0xsignal/rocketfi
Benefits
RocketFi will display data on current DeFi integration protocols for RPL/rETH, along with educational resources related to strategies involving lending, borrowing, and liquidity. This initiative aims to lower the barriers for community members to participate in DeFi, enabling them to engage more effectively in the ecosystem.
| Group | Benefits |
|---|---|
| Potential rETH holders | DeFi farms offering high-yield opportunities attract potential users to mint or swap for rETH |
| rETH holders | More convenient participation in DeFi enables users to earn rewards and unlock the rich utility of rETH. |
| NOs | By participating in RPL DeFi opportunities, users can engage in node operations and earn RPL staking rewards. |
Which other non-RPL protocols, DAOs, projects, or individuals, would stand to benefit from this grant?
N/A
Work
Who is doing the work?
I will independently complete this project. The overall design and front-end page development are already finished. For data retrieval, I’m using The Graph, and I’ve completed about one-third of the data integration. You can check out the demo at this https://rocketfi.vercel.app/, though the data is currently populated with mock information.
What is the background of the person(s) doing the work? What experience do they have with such projects in the past?
I come from a Web2 background as a product manager, with three years of Web3 experience. My skill set includes front-end development, product design, and operations. I have contributed to the core product development at StaFi, gaining expertise in LST/LRT and DeFi. Additionally, I’m an active RocketPool node operator and enthusiast, combining technical knowledge with hands-on experience in decentralized finance and staking solutions.
What is the breakdown of the proposed work, in terms of milestones and/or deadlines?
- 3 days, RocketFi research
- 1 week, Web development
- 2 week, The Graph integration, the protocol data for on-chain DeFi integration is indexed using The Graph, and development is currently underway.
- Handle data maintenance and continue with ongoing operations, promotions, and educational efforts
How is the work being tested? Is testing included in the schedule?
How will the work be maintained after delivery?
To ensure the project’s ongoing success after delivery, several steps will be taken:
- Data Maintenance: Regular monitoring and updates using The Graph to ensure accuracy of protocol data.
- Operations & Support: Continuous support for any bugs or performance issues, along with regular updates and improvements based on user feedback.
- Marketing & Education: Ongoing campaigns and educational initiatives to engage the community, including tutorials and guides on using the platform and DeFi protocols.
- Community Involvement: Regular feedback loops and updates from users for improvements.
Costs
What is the acceptance criteria?
The page should operate smoothly, and the data must be accurate (due to The Graph’s quota limitations, data will be updated periodically via the server rather than in real-time). Additionally, the strategy and educational content should be free from errors.
What is the proposed payment schedule for the grant? How much USD $ and over what period of time is the applicant requesting?
- Initial: The initial research and front-end development work has been completed, and for this part, I am requesting a payment of $800 - $1000. Payment will be made after the grant application is approved.
- Launch: After the release and acceptance, I will request a payment of $2300 - $2500, to be paid upon successful approval of the acceptance.
- Operation: For ongoing operations, monitoring, and maintenance work, I am requesting $600, to be paid after the official release.
Is the applicant requesting RPL or LUSD?
RPL
How will the GMC verify that the work delivered matches the proposed cadence?
The review materials and process is provided by the GMC.
What alternatives or options have been considered in order to save costs for the proposed project?
Conflict of Interest
Does the person or persons proposing the grant have any conflicts of interest to disclose? (Please disclose here if you are a member of the GMC or if any member of the GMC would benefit directly financially from the grant).
No.
Will the recipient of the grant, or any protocol or project in which the recipient has a vested interest (other than Rocket Pool), benefit financially if the grant is successful?
No.