Challenges
Enhance your dApp with Braavos
We applied for the Braavos Wallet track in this hackathon to develop and showcase a unique feature that enhances user security while also providing tangible benefits. Our feature allows users to trade with zero fees when they enable the 2FA Passkey signer feature on Braavos. This integration not only incentivizes the adoption of two-factor authentication, improving overall security for users, but also aligns with Braavos Wallet's mission of creating a more secure and user-friendly trading environment.
Best DeFi dApp on Starknet
We applied for the "Best DeFi Dapp on Starknet" track because Overtrade leverages Starknet's scalability and security to create a permissionless OTC trading platform that addresses liquidity challenges and provides a seamless trading experience. The unique combination of Starknet's infrastructure and our platform's features ensures efficient, secure, and transparent DeFi solutions for users.
Build with Pragma Oracle
At Overtrade, accurate and real-time data is crucial for our Auto Price Adjust feature, which protects investors from market volatility by aligning OTC order prices with current rates. We use Pragma's Data Feeds for instant market data and scalability to handle growing user demand. However, we hope Pragma will expand its asset support in the Starknet ecosystem, as the current selection is limited.
Project details
1. Overview
Overtrade is a revolutionary public OTC (Over-the-Counter) trading platform designed to enhance the trading experience for investors in the memecoin market. Unlike traditional private OTC platforms, Overtrade operates in a permissionless and public manner, ensuring that all trades are visible and accessible to anyone. This approach fosters transparency and trust among users, making it easier for buyers and sellers to connect and negotiate prices effectively.
Built with a focus on reducing slippage and market volatility, Overtrade offers features like automatic price adjustments to market rates, protecting investors from sudden price swings. By leveraging Pragma's Data Feed technology, Overtrade minimizes the risks associated with low liquidity, allowing traders to execute large orders without significant market impact.
Our platform provides a streamlined, user-friendly environment for conducting secure, efficient, and equitable trades, catering to both seasoned investors and newcomers in the crypto space. With Overtrade, we aim to set a new standard for public OTC trading, making it more accessible and beneficial for the wider crypto community.
2. Core Features:
Create Order: Investors can easily list their buying or selling orders on the platform.
Match Order: Efficiently connects buyers and sellers to match orders based on preferred pricing and volume.
Auto Price Adjustment: Continuously updates order prices to reflect current market conditions, protecting against volatile price movement, leveraging Pragma's Data Feed technology.
Investor Negotiation Hub: A dedicated space for investors to negotiate and finalize OTC prices, ensuring fair and transparent transactions.