Buy SNX to Fix C-Ratio Dapp

Request For Proposal

1 min readNov 5, 2021

Overview

The Synthetix grantsDAO is looking to fund a smart contract tool that enables Synthetix stakers to fix their c-ratio by buying SNX. We are accepting proposals in order to find a qualified developer.

Description

The MVP of this project is a dapp with a web3 wallet connection. Ethereum and Optimism networks are supported.

Upon connecting with wallet, the dapp shows the following info for the connected wallet:

SNX staking c-ratio
Number of SNX needed to reach target c-ratio

Input currency dropdown with the following options:

Ethereum: ETH, wETH, sUSD, USDC, DAI
Optimism: ETH, DAI, sUSD

Upon selecting the input currency, the dapp calculates how much of the input coins are required to purchase the amount of SNX to fix c-ratio.

If sufficient input coins, BUY button is enabled, which initiates a transaction routing through 1inch for the best rate.

If insufficient input coins, a notice is displaying an “Insufficient $coins” error message & BUY button is grayed out.

Deliverables

Smart Contract with UI
Documentation

Submission Requirements

Candidates should have prior experience in developing smart contracts and provide references with source code. The proposal should indicate a fixed price and an expected delivery timeline.

Please submit your application here: https://grants.synthetix.io/grants/grant-application