How PlugDex helped HyFi launch a fully functional DeX within 15 days
Time-To Market Reduced
Hyfi (BOPO:OTC US) is a US-based public energy company that has a project funding platform focused on green initiatives and ESG.
The client aimed to provide a decentralized platform to trade crypto and the best possible way to generate passive income on it. For this, they wanted to launch an automated market maker (AMM) based decentralized exchange. The vision was to develop a powerful platform capable of handling millions of P2P transactions per minute.
Deqode Labs identified the possible features of the platform. Initially, the technical and visual designs were created to get the client's feedback. Our team then took the wireframes, and applied them on PlugDex to create a prototype in the first eight days. The team then spent the next week to code custom features for the platform
The implementation of DLT transformation was a major success for Geoverse, providing improved security, scalability, dispute management, and trust, all of which were crucial in helping the company achieve its goals as a provider of network information.