Hey @OneTrueKirk , I couldn’t find the original proposal i posted on Jan 1st. Somehow it doesn’t appear here and I only see the feedback. Hence, Im reposting it here. Please take a look.
Project Title
MorphoBuilder: A Whitelabel Frontend Solution to Accelerate Morpho’s Adoption Across Chains
Organization Name: Superlend
Website and Social Media Links:
About Us + Prior Experience
Superlend Interface aims to be the “1-inch of DeFi lending and borrowing,” providing users with:
- Aggregated access to the best lending and borrowing rates across all the protocols (Aave, Compound, Morpho, Fluid and more) and chains.
- A concise, risk-aware interface for decision-making and easy portfolio management.
Our Achievements in Q4 2024:
The Superlend team has been building in DeFi since 2019, primarily in the Tezos ecosystem, developing key DeFi infrastructure such as DEXs and bridges. Our developers are veterans of Ethereum’s developer community, having won accolades at EthIndia and other major hackathons.
Founders:
• Bernd Oostrum: Co-founder (Twitter: @bernd_oostrum).
• Om Malviya: Co-founder (Twitter: @hsrwala).
Requested Budget: 50,000 MORPHO
Scope of Work
We propose MorphoBuilder, a Whitelabel frontend solution to accelerate Morpho adoption across chains. This solution will allow any new chain or project to easily deploy a custom-branded Morpho instance with minimal effort, fostering growth and adoption for the Morpho ecosystem.
- This solution can also be listed on platforms like Conduit.xyz/integrations, and our team can customise it for any chain, on a case-to-case basis.
- The solution would be fully open-sourced, so anyone can also use it to customise as per their requirements.
Key Features:
- Integration with Morpho Vaults & Markets
- View a comprehensive list of all available vaults to supply, with detailed comparisons of APYs, utilization rates, and other metrics to help users make informed decisions.
- Similarly, access a list of borrowing markets, allowing users to compare rates, collateral requirements, and other parameters effortlessly.
- Earn by supplying to Vaults and borrowing on Markets.
- Ability to withdraw from a Vault & repay to a market for borrowers.
- Portfolio Management:
- Track and manage existing supply & borrow positions in one place.
- Monitor vault and market usage for both earning and borrowing purposes.
- Enhanced Decision-Making Tools:
- Concise risk parameter displays (e.g., collateral factors, LTV, APY trends, utilization rates) with historical projections.
- Real-time analytics to assist in selecting the best vault or market by showing metrics like Avg monthly APYs and other metrics.
- An Estimator Module that provides users with estimated returns or expected repayment amounts based on historical APY data, calculated according to the amount of tokens supplied and the duration of the investment. This feature enables users to understand potential returns or costs before utilizing the platform.
- Whitelabel Customization
- Customizable logos, fonts & colors, for tailored branding.
- A modular, open-source solution that supports quick adaptation for new chains or projects without extensive development effort.
A similar UI/UX can be found at beta.superlend.xyz, which is currently integrated with Aave on Polygon, for lend/borrow. Integration with Morpho Vaults & markets to supply/borrow is expected to go live in the second week of Jan.
Benefits for the Morpho Ecosystem
- Strengthened Multi-Chain Presence
- Whitelabeling aligns with Morpho’s multichain vision, offering consistent, tailored interfaces across chains.
- Builds community-driven adoption by empowering chains to promote their branded Morpho solutions.
- Accelerated Onboarding
- New chains can deploy branded Morpho instances with minimal effort, simplifying the integration process.
- Layer 2 communities and newer chains can seamlessly onboard users to the leading L&B protocol, increasing ecosystem participation.
- Increased TVL and Protocol Utilization
- Easy access to comparative tools and best yields will attract more users, directing liquidity to Morpho markets and vaults.
- Improved protocol usage metrics through enhanced user experience and decision-making tools.
- Open-Source Innovation
- The modular design allows developers to contribute and innovate, expanding the ecosystem’s capabilities.
- Ecosystem Growth
- Chain-specific branding incentivizes chains to actively promote their Morpho instances, driving organic adoption.
- Establishes Morpho as the go-to solution for decentralized lending and borrowing across chains.
Technology Stack
To deliver the best experience, we will leverage:
• Morpho API and SDK for seamless protocol interaction.
• The Graph (Subgraph indexing) for real-time data retrieval and efficient data handling.
• Modern frontend frameworks(Next JS) and robust backend solutions to ensure high performance and reliability.
Timeline:
We plan to finish the project in 3 months. We aim to launch in 2 months, which includes the design, development and smart contract integrations, including testing. We’ll keep another month for any micro UX enhancements and bug fixes to ensure we put out the best product.
Month 1:
• Finalize design specifications.
• Begin development of the frontend, integrating Morpho API and subgraph indexing.
Month 2:
• Develop portfolio tracking interface to manage positions multichain.
• Complete integration of Morpho Vaults and Markets for Supply/Borrow…
• Conduct internal and external beta testing with early adopters.
• Launch MorphoBuilder beta to the public.
Month 3:
- Gather feedback from the users and implement UX enhancements to deliver the best user experience.
Metrics for Success
- Successful integration with at least 3 chains within the first two months after launch.
- TVL Growth: Drive $50M+ Directed TVL across Morpho Vaults and Markets.
*(subject to terms and conditions on how fast the integration can happen)
Future Directions
MorphoBuilder is a solution designed to grow alongside Morpho’s ecosystem. Future iterations include:
- Integrating bridges/bridge aggregators: Simplifying access for users holding tokens on other chains, enabling seamless onboarding and utilization of Morpho.
- Enhanced educational resources: Developing user-friendly tutorials and guides to explain the protocol and associated risks, making it easier for users to understand and get started.
- Native mobile application: Building a mobile app with features like account abstraction, social login, easy fiat on-ramp and off-ramp, and integration of vaults and markets. This will allow retail users to effortlessly invest, earn, and engage with Morpho.”
MorphoBuilder is a transformative step to accelerate Morpho’s adoption across chains, enabling new chains to integrate seamlessly with Morpho through a customizable, open-source interface.