Name of Project
Smart Contract Optimization and Monitoring for Rocket Pool by Keybox.AI
What is the work being proposed?
Keybox.AI is proposing to develop and implement an advanced smart contract optimization and monitoring system for Rocket Pool. This project aims to enhance the efficiency, security, and scalability of Rocket Pool’s smart contracts, with a focus on those governing rETH staking and node operations.
Is there any related work this builds off of?
The project leverages existing smart contract technologies and monitoring tools. It combines Keybox.AI’s advancements in blockchain analytics, AI-driven monitoring, and security protocols, drawing on best practices from the DeFi sector and traditional finance security systems.
Will the results of this project be entirely open source?
The core components, such as smart contract optimization algorithms and basic monitoring tools, will be open source under the MIT License. However, specific AI-driven analytics models, proprietary to Keybox.AI, will remain private but available under a licensing agreement.
Benefits
| Group | Benefits |
|---|---|
| Potential rETH holders | Enhanced security and efficiency of rETH contracts, boosting confidence in staking ETH. |
| rETH holders | Improved contract performance and reliability, potentially leading to better staking rewards and reduced risks. |
| Potential NOs | Easier entry and operation due to optimized and more intuitive smart contracts. |
| NOs | Advanced monitoring tools for improved management and reduced operational risks. |
| Community | Increased trustworthiness and performance of the platform, benefiting all users. |
| RPL holders | Strengthening of the Rocket Pool ecosystem, potentially increasing the valuation of RPL tokens. |
What other non-RPL protocols, DAOs, projects, or individuals, would stand to benefit?
The broader Ethereum staking community, DeFi platforms focusing on staking protocols, and blockchain security researchers stand to benefit from this project’s advancements.
Team
Who is doing the work?
The specialized blockchain development team at Keybox.AI.
Background of the Team
The team comprises individuals with extensive experience in blockchain technology, AI, and cybersecurity. They have a history of successful projects in DeFi and smart contract optimization.
Breakdown of Proposed Work
- Development of Optimization Algorithms (1 month)
- Implementation of Monitoring Dashboard (1 month)
- Testing and Refinement (1 month)
- Final Deployment and Training (1 month)
Testing and Maintenance
Testing, including unit, integration, and user acceptance testing, is included in each phase. Keybox.AI will provide ongoing maintenance and updates for 12 months post-delivery, with options for extended support.
Payment and Verification
Acceptance Criteria
Successful integration of the system, meeting all performance and security benchmarks without disrupting Rocket Pool’s operations.
Proposed Payment Schedule
Requesting $30,000, distributed as follows: $10,000 upfront, $10,000 after each milestone, and $10,000 upon project completion.
Payment Request
Payment is requested in RPL.
Verification by GMC
The GMC will verify the work through regular updates, milestone demonstrations, and a final review.
Cost-Saving Alternatives
Utilization of existing open-source tools and engagement with the Rocket Pool community for beta testing to reduce costs.
Conflict of Interest
Disclosure
No conflicts of interest to disclose.
Financial Benefit
No direct financial benefit to any other protocols or projects is expected from this grant. The primary focus is on enhancing Rocket Pool’s ecosystem.