What is the Architecture?

We employ other well-regarded on-chain projects to offer our service(s). We use 0x to access the largest pool of on-chain liquidity possible thereby obtaining the best price. We use AAVE to collateralise the cash token – typically USDC – and to borrow the asset token – such as BTC.b – of a given strategy. As a backup we've integrated the largest liquidity DEX on Avalanche C-Chain: TraderJoeXYZ.

When joining a strategy while using Individual mode, you will deploy a unique smart contract belonging only to you. 100% of the funds in this smart contract will be under your ownership, less any profit sharing on trade exit. The cost to join a strategy is typically between 1.5 and 2.0 AVAX.

When joining a strategy while using Pooled mode, you will join an existing smart contract which has its ownership of funds split between multiple members. There is no upfront AVAX cost to join strategies in Pooled mode, but there is a limit on the amount of 5,000 USDC which can be deposited by any one member, and immediate withdrawals are not possible.

Whilst all funds are held on-chain in single-ownership smart contracts, a centralised trading wallet is required to execute the trades. Even in the world of DeFi, occasionally centralisation is necessary. Like a brilliant barista, Trendespresso offers the perfect blend: Combining the best aspects of blockchain with the best aspects of cloud computing. Our centralised trading wallets submit trades to the blockchain, trading the smart contracts owned by each of our users.

In the beginning these gas costs will represent a significant financial burden. For that reason, we are kindly requesting for anyone with the means to donate AVAX to our trading wallet (0x667E0283b2DF4966440C125EFb53A361f4043EEE). Our current goal is to raise 100 AVAX. All AVAX sent to this trading wallet will be used strictly to pay for the gas costs of executing trades on-chain; none will be used otherwise. We will stake our reputation on clear communication and using funds only as appropriated.