TapTools: Cardano Lending/Borrowing Analytics Hub

[GENERAL] Name and surname of main applicant

Alec Myers

[GENERAL] Are you delivering this project as an individual or as an entity (whether formally incorporated or not)

Entity (Incorporated)

[GENERAL] Please specify how many months you expect your project to last (from 2-12 months)

6

[GENERAL] Please indicate if your proposal has been auto-translated into English from another language

No

[GENERAL] Summarize your solution to the problem (200-character limit including spaces)

We will create a dashboard that delivers up-to-date lending/borrowing insights on Cardano, including TVL, loan volume, dominance, and wallet activity, empowering users with actionable data.

[GENERAL] Does your project have any dependencies on other organizations, technical or otherwise?

No

[GENERAL] If YES, please describe what the dependency is and why you believe it is essential for your project’s delivery. If NO, please write “No dependencies.”

No dependencies.

[GENERAL] Will your project’s output/s be fully open source?

No

[GENERAL] Please provide here more information on the open source status of your project outputs

Due to considerations regarding intellectual property protection, commercialization strategy, and security concerns, it has been decided that the project outputs will not be open sourced. This decision is aligned with our business model and resources available for maintenance.

[METADATA] Horizons

DeFi

[SOLUTION] Please describe your proposed solution

We are developing a Lending/Borrowing Dashboard for the Cardano ecosystem, designed to aggregate and present metrics like Total Value Locked (TVL), loan volume, market dominance, and unique wallet activity from major lending platforms. This solution addresses the current fragmentation of data, offering users a centralized, user-friendly interface for actionable insights. By simplifying access to key metrics, we empower users to better understand trends, make informed decisions, and engage more effectively with Cardano’s lending ecosystem, ultimately enhancing the ecosystem’s transparency and utility.

[IMPACT] Please define the positive impact your project will have on the wider Cardano community

The Lending/Borrowing Dashboard will improve transparency and accessibility in Cardano’s DeFi ecosystem, empowering users with insights into market dynamics. By bringing together fragmented data, we enable smarter financial decisions, driving increased DeFi participation and ecosystem growth. We will measure impact through user engagement metrics, such as dashboard visits, active users, and transaction volumes influenced by the insights provided. Outputs will be shared via community channels, including Cardano forums, social media, and partnerships with DeFi platforms to maximize visibility and adoption.

[CAPABILITY & FEASIBILITY] What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?

Our team has a proven track record of delivering reliable, data-driven solutions within the Cardano ecosystem, as demonstrated by our success with TapTools, the leading analytics platform for Cardano. We have built trust through our existing products and partnerships, and we maintain a strong commitment to transparency and security. To ensure feasibility, we will leverage our deep experience with data aggregation, visualization, and user interface development. Regular testing, community feedback, and user adoption metrics will help validate our approach and ensure that the project remains on track.

[PROJECT MILESTONES] What are the key milestones you need to achieve in order to complete your project successfully?

Conceptual Design and Mockup Creation

A: Milestone Outputs: A detailed, interactive mockup of the Lending/Borrowing Dashboard, showcasing key functionalities (e.g., TVL, loan volume, wallet activity), UI/UX design, and essential metrics.

B: Acceptance Criteria: Mockup is fully developed with all core features visually represented and user flows defined. It must be reviewed and approved by the internal team, ensuring it meets the intended scope and usability requirements.

C: Evidence of Milestone Completion: Final mockup presented to the team, accompanied by a feedback report and approval confirmation from the internal team or design leads, ensuring readiness for development.

Development and Implementation

A: Milestone Outputs: Develop and implement the Lending/Borrowing Dashboard, including full integration of data sources for key metrics (TVL, loan volume, dominance, unique wallet activity), and ensure the user interface is operational.

B: Acceptance Criteria: The dashboard is fully functional with up-to-date data integration. All core metrics are accurately displayed and updated. The system passes both internal testing and user experience reviews for reliability and usability.

C: Evidence of Milestone Completion: Submission of a live, operational version of the dashboard, accompanied by an internal testing report, detailing successful functionality checks and performance metrics.

Deployment and Testing

A: Milestone Outputs: Deploy the Lending/Borrowing Dashboard to a live environment, optimize performance, and conduct stress testing to ensure stability under various user loads.

B: Acceptance Criteria: The dashboard is successfully launched in a live environment with no critical bugs, optimized load times, and reliable performance under expected user traffic. Public users are able to access all key metrics seamlessly.

C: Evidence of Milestone Completion: The dashboard is live and accessible to users, with confirmation of stable performance and functionality after deployment.

Project Completion and Close-out

A: Milestone Outputs: Confirm the dashboard is fully deployed, operational, and all key metrics are functioning as intended. Prepare a project close-out report and video summarizing the process and outcomes.

B: Acceptance Criteria: Full functionality confirmed, all development goals met, and project close-out report/video completed.

C: Evidence of Milestone Completion: Final confirmation that the dashboard is live and stable, along with submission of the project close-out report and video.

[RESOURCES] Who is in the project team and what are their roles?

Alec Myers

CEO of TapTools

https://www.linkedin.com/in/alec-myers-profile/

https://twitter.com/cardano_tools

Jacob Warren

CTO of TapTools

https://www.linkedin.com/in/jacob-warren-186252127/

https://twitter.com/_jacobwarren

James Cadena

COO of TapTools

https://www.linkedin.com/in/james-cadena-41280a57/

https://twitter.com/jamescadeen

Alex Yue

CMO of TapTools

https://www.linkedin.com/in/alex-yue1/

https://x.com/Alex_ADA_

[BUDGET & COSTS] Please provide a cost breakdown of the proposed work and resources

We are requesting 94,500 ADA to cover the design, development, deployment, and ongoing support for the Lending & Borrowing Dashboard. Below is the detailed cost breakdown:

Design & Mockup Creation

UI/UX Design: Creation of detailed wireframes and mockups for the dashboard interface.

Cost: 8,000 ADA

Core Development & Implementation

Front-End Development: Development of the user interface and user experience.

Back-End Development: Implementation of dashboard functionalities, including up-to-date data integration for lending/borrowing metrics.

Cost: 30,000 ADA

Data Integration and API Development

Data Parsing and Integration: Build and integrate APIs to pull metrics like TVL, loan volume, and market dominance from various platforms.

Cost: 30,000 ADA

Server Costs & Infrastructure

Infrastructure Setup: Setup and maintenance of servers to handle data load and ensure dashboard scalability.

Server Maintenance: Ongoing monitoring to ensure consistent performance and uptime.

Cost: 20,000 ADA

Testing, Optimization, and Security Audits

Performance Testing and Optimization: Conduct testing to ensure smooth operation, bug fixing, and platform optimization.

Security Audits: Conduct audits to verify data integrity and platform reliability.

Cost: 10,000 ADA

Community Engagement & Reporting

Marketing Materials: Development of promotional content, including videos, graphics, and social media campaigns, to raise awareness about the dashboard and its features.

Cost: 3,000 ADA

Total Project Budget: 94,500 ADA

[VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?

The 94,500 ADA request offers strong value for the Cardano ecosystem by providing an essential tool that addresses a clear need in the DeFi space. The Lending/Borrowing Dashboard brings together data that’s currently scattered across different platforms into one simple, easy-to-use interface. By giving users metrics like Total Value Locked (TVL), loan volume, and platform dominance, the dashboard helps users make more informed financial decisions, which in turn drives participation and liquidity across Cardano’s ecosystem.

This dashboard has been one of the top-requested features by the community, highlighting the strong demand for a consolidated tool to track lending and borrowing data on Cardano. Addressing this demand directly meets user needs, ensuring the tool will have immediate utility and adoption.

We’ve carefully considered the costs to make sure the budget aligns with industry standards. UI/UX design, development, and infrastructure costs reflect typical rates for similar blockchain projects, especially when building a secure, scalable product. The majority of the budget is focused on development and data integration—key factors that will ensure the dashboard runs smoothly and delivers the data users need.