Algoblocks
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Architecture
High level architecture

Development & Delivery Phases

Components

In the above diagram, we illustrate a high-level design showing the different components in action for Algoblocks.

Algoblocks Portal

A DAPP (Decentralized Application) is one of the essential pieces to execute our vision since this is how the users will eventually interact with DeFi. In the process of our development approach, we are emphasizing Human-Centered Design through observing and understanding the nature of the difficulties that our users encounter and then developing a solution that targets these pain points.
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Functionality Breakdown

Notification
  • Every action/event will be linked to notifications to alert the users, including watch lists, successful or failed trades. Significant price movements for assets in the basket.
Simulation
  • Interactive functionality that shows the user the effects of executing specific trades or investments. The user is able to graphically visualize his / her hypothetical returns if the trade is executed. For simple trades such as staking, the user for example can understand the potential return on my investment from a yield pool.
Automation
  • Automation is a big part of the operations that streamline the user's experience, where many of the required processes will be abstracted. We believe that when a user wants to execute a DeFi investment, he may have to follow several actions. Some of which include: swapping, + moving funds from one chain to another (Bridging) and staking. We believe DeFi investing should be achieved seamlessly without stepping in and out of many windows.
  • Automation has two parts: the ALGOBLOCKS smart contracts layer that integrates with multiple protocols to execute these operations and the visual representations (on the portal) that guide the operations' order.
Dashboard
  • The dashboard is where the user will gain all the information he needs at a glance gaining a bird's eye view of the market and the investment opportunities that interest him.
  • We provide the user with information related to products that exist on multiple chains with multiple chain support combined. With the oracle integration, the user will generally understand the market movement all in one window in close to real time.
Strategy Marketplace
  • Social trading is one of the leading trends within the crypto space; with ALGOBLOCKS ability to abstract a lot of the manual operations, users can share their investment strategies through visual elements (ALGOBLOCKS). These are essentially executable pre-programmed templates.
  • The marketplace is where users will share their ALGOBLOCKS. This community positions the Algoblocks platform to enable other traders and community members to share their experience and knowledge and receive.
Last modified 1mo ago