Project Catalyst Fund 11 Proposal Activity Tracker

This page will be used to help track the progress made on the Catalyst Proposal that is funding the initial efforts of this project. Details of the proposal can be found here:

Project Milestone 1
Progress
Milestone 1

Research, Data, and Curation of Data in a Stored Repository

Milestone 1 includes the administrative tasks of helping to bootstrap the Cardano Token Engineering Lab. This includes the tasks of organizing material and content into a dedicated webpage, GitHub Repos, as well as documenting the process for the case studies/deep dives that will be done in Milestone 2. The creation of this activity tracker is the final deliverable of this milestone.

  1. Creation of website (Complete)
    • CTEL website created and sections are being created to host all research and curated token engineering topics
    • Instead of separating content across multiple platforms, the main website in conjunction with GitHub will be used to host all necessary documents and the use of Notion will be an unnecessary redundancy
    • The Research section of the webpage will host all the suggested topics that the Cardano Token Engineering Lab will explore and research on
    • Evidence: Cardano Token Engineering Lab
  2. Creation of the GitHub Profile and Repos (Complete)
  3. Creation of Project Catalyst Activity Tracker (Complete)
    • This page will serve as a guide to track progress on deliverables for Project Catalyst
    • Evidence: Project Catalyst Fund 11 Proposal Activity Tracker
  4. Documentation for Case Studies (Complete)
Project Milestone 2
Progress
Milestone 2

Case Studies and Partnership on/with Cardano DeFi Protocols

Milestone 2 consists of analyzing some current state token engineering and mechanism design patterns in the Cardano Ecosystem. There will be 3 case studies performed on protocols to understand how they are designed, implemented, and executed. This will help to give insights as to ways to help identify common design patterns and/or make recommendations to help improve the protocols. Lastly, the final goal of this milestone is to develop a relationship and partnership with a protocol to help support token engineering and mechanism design support.

  1. Case Studies:
    • Liqwid Finance - A lending and borrowing protocol built on Cardano
    • Indigo Protocol - A non-custodial synthetic assets protocol built for Cardano
    • Minswap - A decentralized exchange in the Cardano Ecosystem
  2. Partnerships:
    • Work with projects to help work in a role supporting a protocol in their token engineering endeavors
Project Milestone 3
Progress
Milestone 3

Code Framework for Modeling Data Acquisition

An integral part of understanding and developing insights as to the performance of a mechanism is to be able to measure its performance. This can sometimes be hard to isolate the sole effect of a singular mechanism, but sweeping protocol design parameters and performing Monte Carlo simulations gives a good real-world approximation of how it will perform. Getting data on chain around token swaps, smart contract interactions, as well as off-chain data such as price are key elements to help execute these tasks. The final milestone will aim to help build a simplified pipeline of basic on/off-chain data required to do qualitative and quantitative analysis.

  1. Develop basic Python scripts to pull on-chain data around the following items:
    • Token swaps - How users are utilizing tokens relative to a trading pair
    • Smart Contract Interactions - How are users transacting with a particular token and leveraging smart contracts to stake tokens
    • Provide various methodologies for getting on-chain and off-chain data:
      • Blockfrost/Koios API endpoints
      • Local Node/DB-Sync/Indexing solution
      • Off-chain REST API endpoints (CMC/Coin Gecko)
    • Contain all required elements in a GitHub repo
      • Provide robust documentation and test examples of how the codebase should work