Name of Project
Simple, secure and smart self-custody wallet with a one of a kind marketplace of 1-click automations. Modular architecture of Unhosted Smart Accounts can perform even the most sophisticated strategies, providing a programmability level absent in EOAs.
Our Permissionless on-Chain Factory ensures the immutability of developer fees allowing anyone to deploy their strategy/module and add it to their wallet.
Deploying a permissionless Account Abstraction Module Factory and developing dozens of AA 1-click modules to simplify the user onboarding in to rocketpool.
What is the nature of the proposed bounty?
Unhosted will deploy its permissionless module factory on majority of the prominent EVM Chains, (Binance, Polygon, Arb, Eth are already integrated), develop dozens of aa wallet modules for RocketPool that will work with any Safe and Biconomy wallets, integrating Kernel is on the roadmap as well. Some of the module examples include but are not limited to automation on deposit, withdrawal automation, recurring deposit with a batched multiswap, many more.
We will also provide a complementary marketplace of AA modules & strategies inside our wallet where users are able to execute them in one click, driving more volume to the ecosystem as a whole.
Deploying this factory on all major evm chains is like creating a pandora box, AA modules facilitate secure automated interaction with any smart contract on behalf of the user, unlocking 1000’s of custom automations & solutions.
To motivate the additional community contribution, the Module deployers using the factory will earn 10% of the gas spent in perpetuity as long as their module stays in demand.
Unhosted and the team of community developers will pave the way to a smoother and a more convenient way to use crypto. Curating simplicity and abstracting the complex
Must the results of this project be entirely open source
Our project is fully open source.
If the bounty is successfully completed, how does this help people looking to stake ETH for rETH?
The unique aspect of our platform is its ability to condense complex trading strategies into one-click modules. This feature not only streamlines the user experience for Rocketpool user base but also significantly enhances security and efficiency.
Ability to offer batched transactions simplifies the user journey and makes Rocket pools easily accessible. Users wont have to leave the comfort of their wallet thus streamlining the staking proccess. Swap in to a needed assets and stake all in the same transaction.
By automating intricate strategies into 1-click modules we empower users to execute advanced trading maneuvers effortlessly, ensuring a seamless and optimized trading experience.
The immutable fee structure motivates further community development, leading to new innovations being built on your protocol.
1. Expand Rocketpool Ecosystem
- Dozen and in the future hundreds of aa wallet modules for Rocketpool that works with safe and biconomy wallets.
This will allow majority of AA wallets to easily integrate and provide 1 click functionality for their users hence contributing to the growth of the overall ecosystem.
Simplifying user experience across all aa wallets with simple 1 click modules leads to more volume inside the Rocketpool protocol.
Hackathon and immutable fee motivates onboarding and encourages developers to build AA modules specifically designed for Rocketpool.
2. Create internal growth/value
We are providing developers with a ready made library of handlers for Rocketpool which can be easily copied and implemented within their strategy. We are working on making our documentation as straightforward as possible.
If the bounty is successfully completed, how does this help rETH holders?
Not only the holders will enjoy higher liquidity levels but also have an ability to automate their deposits and withdrawls.
If the bounty is successfully completed, how does this help people looking to run a Rocket Pool node for the first time?
If the bounty is successfully completed, how does this help people already running a Rocket Pool node?
If the bounty is successfully completed, how does this help the Rocket Pool community?
Our wallets can be used as operator address for receiveing rewards. Our deposit and withdrawal module would provide a way for users to abstract the complex and automate these actions. The marketplace of modules would allow anyone to easily add and execute the module of their choice inside their SA .
If the bounty is successfully completed, how does this help RPL holders?
The space is closing on 2 million user accounts created using account abstraction with over 8million successful operations. This niche is growing exponentially with more and more wallets joining the race. Providing all those wallets and their users with a simple way to interact with Rocketpool protocol is destined to significantly impact the TVL.
While directly predicting the impact on RPL value is challenging due to market volatility, a significant increase in TVL and enhanced user experience through simplified modules could logically lead to increased demand for RPL, as seen with other tokens in similar ecosystems.
What other non-RPL protocols, DAOs, projects, or individuals, would stand to benefit from the bounty being successfully completed?
Apart from Unhosted wallet, the deployed modules would work with any other AA wallet that is built on top of safe or biconomy. Adding Zero Dev would get us close to 100% coverage.
Since the modules are permissionless and work with any AA wallets, those merchants would be able to easily integrate rocketpools functionality for their users.
Will the results of the completed bounty be open source?
Yes, the library of handlers and the AA modules would be readily available for anyone to access.
Work and Verification
What steps would be entailed in completing the bounty? Do successful examples of such work exist elsewhere?
There is no successful implementations of this idea as of yet. No wallet out there offers an easily accessible 1-click module to interact with Rocketpool.
Amount requested (in $) -
Option 1) Development Total cost - $8,000
Option 2) Dev + Hackathon and Audit Total cost - $20,000
Option 1) Development (8,000 USD, ETA 4 weeks) : Provision of a library of handlers for the rocketpool protocol, with several example strategies and a sleek marketplace to easily add and execute any strategy of your choice…
Module Registry Deployment:
- We are already live on Polygon, binance and Eth but more chains will be added as we move along the development process.
- Ensuring compatibility and integration with the existing ecosystem.
Library of Rocketpool protocol Handlers:
- Developing a comprehensive set of handlers for trading strategies.
- Testing and optimizing for efficiency and user-friendliness.
- Creating and documenting several key strategies as templates.
- Providing educational resources to guide users in utilizing these strategies.
User Friendly Frontend (Ironing out some final bugs):
- Marketplace of modules for for both users and developers
- Quick and easy way for anyone to deploy or execute any module of their choice.
Option 2) Includes and additional hackathon with auditing and growth budget.
Hackathon (5,000 USD): Organizing a hackathon to encourage the development of innovative modules. All of the capital will be allocated to prizes, and an additional budget of $5k USDT will be provided by the team at Unhosted.
- Reaching out to developers and enthusiasts within the Rocketpool and broader DeFi community.
- Providing resources and support for participants to encourage innovation.
Prizes and Incentives:
- Allocating funds for prizes to incentivize high-quality module development.
- $5,000 from Metis and and $5,000 from Unhosted
- Offering additional rewards or opportunities for outstanding contributions.
Auditing (5,000 USD): Although the module strategy factory is permissionless, allowing anyone to deploy their automation and add it to their wallet. Nonetheless, Unhosted comes with its own approval mechanism, ensuring that only modules that have undergone security checks are displayed audited part of the marketplace. This precaution is in place to prevent the addition of malicious code to users’ wallets.
In light of that, on top of getting their prizes, winners of the hackathon will also be audited. We have a security deal with @vn_martinez_ who is willing to assist with the audits however we are also open to your recommendations.
Community Engagement (5,000 USD): engaging the community to foster higher volume and protocol growth. These funds will also be matched by the unhosted budget to increase the participation.
- Promoting the hackathon through social media, community forums, and ads.
- Ad pay will be taken from internal sources since we are already paying for Brave PPc ads and job board banners. In addition to the grant allowance we will also redirect 50% of our monthly (aprox 6k) budget to this event.
How long is the proposed bounty available for? Is it awarded to the first team to successfully claim it, or is it in some way divided among all such successful claims in the proposed availability period?
To achieve our project milestones, we have established a clear and feasible plan that will take a month and a half to deliver (4 weeks if we are talking only about handlers and example strategies).
Development Rocketpool Handlers & example strategies (4 weeks)
- Talent Utilization: Our team of experienced Solidity developers and blockchain engineers will lead the development. They possess the required expertise in smart contract development and blockchain architecture.
- Resource Allocation: Allocating 10,000 USD ensures sufficient funding for the development phase, covering everything from coding to testing.
- Timeline Management: Setting strict deadlines within the 2-week timeframe to deliver handlers and another 2 for strategy creation ensure timely delivery.
- Quality Assurance: Implementing rigorous testing protocols to ensure the reliability and security of the developed modules.
Organizing the Hackathon (3 weeks):
- Event Planning: Leveraging our team’s experience in community engagement to plan and execute a successful hackathon.
- Resource Investment: The 10,000 USD budget will be used for providing prizes, and supporting the participants.
- Community Involvement: Utilizing social media and community forums to attract talented developers and enthusiasts from the Rocketpool and Arbitrum communities.
Module Auditing 2 weeks.
- Expert Collaboration: Partnering with @vn_martinez_ for auditing ensures that the top 10 hackathon modules are secure and reliable.
- Security Focus: The auditing process will focus on identifying vulnerabilities and optimizing the security of the modules.
- Continuous Interaction: Hosting regular webinars, AMAs, and feedback sessions to keep the community involved and informed.
- Budgeting for Engagement: The allocated budget will be used for activities that drive community participation and awareness, fostering protocol growth.
Overall Project Feasibility:
- Experienced Team: Our team’s experience in blockchain development and community management forms the backbone of the project’s feasibility.
- Realistic Timeline: The milestones are set with achievable timelines, considering the complexity and scope of each phase.
- Budget Allocation: The budget is carefully planned to cover all aspects of the project, from development to community engagement
Who will test any products submitted for claiming the bounty?
Internal team of blockchain Engineers with a complementary audit for the winners of the hackathon.
What is the acceptance criteria for awarding of the bounty?
How much RPL is the applicant requesting for successful completion of the bounty?
Option 1) 256 RPL - 8,000 USD, Option 2) 640 RPL - 20,000 USD
Conflict of Interest
Does the person or persons proposing the bounty 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 successful completion of the bounty).
Will the applicant, or any protocol or project in which the applicant has a vested interest (other than Rocket Pool), benefit financially if the bounty is successfully completed?
All the funds will be spent on payroll, hackathon prizes and an audit. Deployers of the modules will get 10% of all the fees going through their strategy.
The factory is audited already and deployed on the test network for developers to play around. We are also proponents of open source so all the code is available on our githib.
Twitter - https://twitter.com/unh0sted
Docs - https://docs.unhosted.com/