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Vegalabs

On-chain risk management for DeFi apps. We assess an economical impact of every transaction for a better protection. Contact us: ismilyaev.timur@gmail.com

Screenshots

Vegalabs screenshot 1
Vegalabs screenshot 2

Problem Statement

Vegalabs allows an implementation of an on-chain risk management for smart contracts. With two additional lines of code, dApp developers gain a robust transaction compliance for their unit economy. Risk management includes two sets of rules for economical and cybersecurity risks. Vegalabs’s rule engine adapts to customer business model: we tune math models to your unit economy, so it can better spot malicious transactions.

Solution

We use Polygon for our smart contracts. We plan to store a lot of statistical data, so Polygon is perfect for us. Also, we've integrated Chainlink to fetch current market data. Our demo includes a fake exchange to showcase the full power of our product. That was a bit tricky, due to we had to dive deeper into how exchanges work.

Hackathon

Road to Web3

2024

Prizes

  • 🏆

    🏊 Polygon Pool Prize

Contributors