-
Notifications
You must be signed in to change notification settings - Fork 309
Description
Open Grant Proposal: DeFi Automation Suite - Cross-Chain Sniper Bot & Gas Optimization Tools
Project Name: MikeVaultStudios DeFi Automation Suite
Proposal Category: Developer and data tooling
Individual or Entity Name: Individual - Mike Johnson
Proposer: mikej420710666-ux
Project Repo(s): https://github.com/mikej420710666-UX
(Optional) Filecoin ecosystem affiliations: None
(Optional) Technical Sponsor: None
Do you agree to open source all work you do on behalf of this RFP under the MIT/Apache-2 dual-license?: Yes
Project Summary
MikeVaultStudios is developing an advanced DeFi automation suite that democratizes access to sophisticated trading tools and gas optimization technology. The project consists of two primary components: (1) A Sniper Bot for automated trading during token launches with mempool monitoring and gas optimization, and (2) L2 Saver contracts for transaction batching and gas cost reduction on Layer 2 networks.
Currently deployed and tested on Ethereum and EVM-compatible chains, this project seeks funding to integrate with the Filecoin ecosystem, particularly focusing on data storage for trading analytics, historical transaction data, and creating decentralized infrastructure for DeFi automation tools. By leveraging Filecoin's decentralized storage network, we aim to store trading patterns, gas optimization metrics, and create a permanent, verifiable record of DeFi automation performance data.
The integration will make these tools more transparent, auditable, and accessible to the broader Web3 community while demonstrating practical use cases for Filecoin in the DeFi infrastructure space.
Impact
Pain Points Addressed:
- High gas costs on both Layer 1 and Layer 2 networks limit DeFi participation for retail users
- Lack of open-source, accessible trading automation tools - most are closed-source and charge subscription fees
- No decentralized storage solution for DeFi analytics and trading history data
- Difficulty in verifying claims about gas savings and trading bot performance
Benefits of Success:
- Opens access to institutional-grade DeFi tools for retail traders
- Reduces overall network congestion through optimized transaction batching
- Creates transparent, verifiable records of DeFi automation performance on Filecoin
- Demonstrates practical B2B use case for Filecoin storage in DeFi infrastructure
- Potential for 50-70% gas cost savings benefits thousands of active DeFi users
Risks of Not Getting This Right:
- Continued centralization of DeFi automation tools in proprietary platforms
- Lack of verifiable data around gas optimization claims
- Missed opportunity to showcase Filecoin utility in active DeFi ecosystems
Ecosystem Impact:
This project brings active DeFi users and developers to the Filecoin ecosystem by solving real pain points. Success means regular data onboarding from trading analytics, creating sustained demand for Filecoin storage.
Outcomes
Final Deliverables:
-
Filecoin-Integrated Sniper Bot
- Open-source smart contracts deployed on Ethereum mainnet
- Stores trading analytics and performance data on Filecoin
- Retrieval system for historical trading data
- Documentation and deployment guides
-
L2 Gas Optimization Suite with Filecoin Storage
- Transaction batching smart contracts
- Gas savings metrics stored on Filecoin network
- Public dashboard retrieving data from Filecoin
- Comparison analytics accessible via IPFS/Filecoin
-
Developer Tooling & Documentation
- SDK for integrating Filecoin storage with DeFi tools
- Comprehensive API documentation
- Tutorial series on building DeFi tools with Filecoin integration
- Code examples and best practices guide
Success Metrics:
- 100+ active users within 6 months of launch
- 50GB+ of trading/analytics data onboarded to Filecoin
- 10+ developers/projects using our SDK for Filecoin-DeFi integration
- Documented average of 50%+ gas cost savings
- Open-source repository with 100+ stars
Data Onboarding
- Month Basic markdown files, first draft of README -- still WIP #1: 5GB (Trading analytics, initial gas optimization data)
- Month Adjust logo image size #3: 20GB (Accumulated trading history, expanded user base)
- Month Setup #6: 50GB (Full dataset including cross-chain analytics)
- Month RFP: Block explorer #12: 150GB+ (Comprehensive historical data, multi-chain deployment)
Adoption, Reach, and Growth Strategies
Target Audience:
- DeFi traders (estimated 500K+ active addresses across major chains)
- Protocol developers building DeFi infrastructure
- Gas optimization enthusiasts
- Cross-chain traders seeking multi-ecosystem tools
Current Engagement:
- GitHub repository with active development
- Testing completed on Ethereum Sepolia testnet
- Screenshots and metrics from L2 Saver tests available
User Onboarding Strategy:
- First 10 users: Direct outreach to DeFi communities on Discord/Telegram, beta testing program
- First 100 users: Medium articles, Twitter/X campaigns (@solsnaps), documentation site launch
- Beyond 100: Integration partnerships with DEX aggregators, hackathon participation, developer bounties
Development Roadmap
Milestone 1: Filecoin Integration Foundation (Month 1-2)
Functionality: Core Filecoin storage integration for DeFi automation tools
- Develop Filecoin storage module for trading analytics
- Create data schemas for storing trading history and gas metrics
- Build retrieval system for accessing historical data
- Deploy proof-of-concept on Filecoin testnet
Team: 1 developer (Mike Johnson - Full-time)
Funding: $15,000
Completion Date: February 28, 2026
Deliverables:
- Working Filecoin storage integration
- Data retrieval API
- Technical documentation
- Testnet deployment
Milestone 2: Production Deployment & SDK (Month 3-4)
Functionality: Production-ready system with developer tools
- Deploy sniper bot with Filecoin integration on Ethereum mainnet
- Launch L2 Saver contracts with gas metrics storage
- Create SDK for other developers to integrate Filecoin with DeFi tools
- Build public dashboard for viewing stored analytics
Team: 1 developer (Mike Johnson - Full-time)
Funding: $20,000
Completion Date: April 30, 2026
Deliverables:
- Mainnet deployment of all contracts
- Filecoin SDK with documentation
- Public analytics dashboard
- Tutorial series (3-5 articles/videos)
Milestone 3: Community Growth & Enhancement (Month 5-6)
Functionality: Community adoption and feature expansion
- Onboard first 100 users with data storage on Filecoin
- Integrate with at least 2 DEX aggregators
- Launch developer bounty program
- Expand to additional chains (Solana, Polkadot)
Team: 1 developer (Mike Johnson - Full-time)
Funding: $15,000
Completion Date: June 30, 2026
Deliverables:
- 100+ active users
- 50GB+ data on Filecoin
- Integration partnerships established
- Multi-chain deployment
Total Budget Requested
| Milestone # | Description | Deliverables | Completion Date | Funding |
|---|---|---|---|---|
| 1 | Filecoin Integration Foundation | Storage module, API, docs, testnet deployment | Feb 28, 2026 | $15,000 |
| 2 | Production Deployment & SDK | Mainnet contracts, SDK, dashboard, tutorials | Apr 30, 2026 | $20,000 |
| 3 | Community Growth & Enhancement | User onboarding, partnerships, multi-chain | Jun 30, 2026 | $15,000 |
| TOTAL | $50,000 |
Maintenance and Upgrade Plans
Long-term Maintenance (Years 1-2):
- Continue active development with feature additions
- Regular security audits and updates
- Community support via Discord and GitHub issues
- Monthly data analysis reports published via Filecoin
Sustainability Model:
- Core tools remain free and open-source
- Revenue from optional premium features (advanced analytics, priority support)
- Consulting services for integration projects
- Grant funding from multiple ecosystems
Upgrade Roadmap:
- Cross-chain expansion (Polkadot, Solana, Near)
- Advanced AI/ML analytics stored on Filecoin
- DAO governance for community-led development
- Integration with Filecoin FVM for on-chain computation
Team
Team Members
- Mike Johnson - Founder & Lead Developer
Team Member LinkedIn Profiles
- Not available / In development
Team Website
Relevant Experience
Mike Johnson brings hands-on experience in smart contract development, DeFi protocols, and blockchain infrastructure. Successfully developed and tested the Sniper Bot and L2 Saver contracts with documented performance improvements. Strong technical background in:
- Solidity smart contract development
- Web3.js/Ethers.js for blockchain interactions
- Gas optimization techniques
- DeFi protocol integration
- Full-stack development
As a solo founder, Mike offers agility, deep technical knowledge, and direct connection to the DeFi trading community as both builder and user. Having successfully validated the concept on Ethereum with working prototypes, Mike is positioned to bring these proven tools to the Filecoin ecosystem.
Team code repositories
- https://github.com/mikej420710666-UX - Main project repository with Sniper Bot and L2 Saver contracts
Additional Information
How did you learn about the Open Grants Program?
Discovered through research into Filecoin ecosystem funding opportunities while exploring decentralized storage solutions for DeFi infrastructure.
Best email address for next steps:
mikej420710666@gmail.com
Additional Information:
- Sniper Bot: Fully compiled and tested on Ethereum Sepolia testnet
- L2 Saver: Successfully tested with documented 50-70% gas savings
- Currently seeking to expand beyond EVM chains while adding permanent storage layer
- Applied to complementary grants: Web3 Foundation (Polkadot), Polygon S3, Hadron, Solana Foundation
- Located in Canada, available for monthly office hours and community calls
- Twitter/X: @solsnaps | Telegram: @six7vault
This project represents a unique opportunity to showcase Filecoin's utility in active DeFi infrastructure while delivering immediate value to traders and developers across multiple ecosystems.