<== Back to all cases

BAE

CANADA

BAE is a peer-to-peer NFT lending protocol on Hyperliquid. Aegas built BAE protocol, point incentives system and NFTs and continues extending the platform.

View Live
bae loan details

Project Partners

  • kinetiq
  • drip trade
  • dothype
  • drops
  • thirdweb
  • obsidian audits

The Challenge

Duration of work: 3 MONTHS

People on the project: 7

Unlike similar protocols on EVM networks, BAE supports bi-directional loans: borrowers can request a loan with custom terms; lenders can submit custom offers to NFT collections. Forking the core protocol from Gondi, Aegas team has improved its upgradeability and introduced new functionality to make bi-directional loan creation possible.

BAE collection launch included a whitelist application phase and Aegas was tasked to build a dynamic ranking system for applicants based on their Hyperliquid activity and automated posting in X with user's X profile photo and name as the applicant is accepted.

bae loans

Project
team

  • Frontend Developer1
  • Backend Developer1
  • Smart Contract Developer1
  • DevOps1
  • QA Engineer1
  • Product Manager1
  • UX / UI Designer2
  • frontend developer

    Oleh

    [Frontend Developer]

  • backend developer

    Pavlo

    [Backend Developer]

  • smart contract developer

    Bohdan

    [Smart Contract Developer]

  • devops engineer

    Yurii

    [DevOps]

  • oleksandr qa engineer

    Oleksandr

    [QA Engineer]

  • product manager

    Lidiia

    [Product Manager]

  • ux ui designer

    Andrii

    [UX / UI Designer]

  • ux ui designer

    Denys

    [UX / UI Designer]

bae points

What we use

  • Frontend

    Next.js, Ethers, ThirdWeb, Solana Web3

  • Backend

    ASP.NET, Nethereum, Hangfire

  • Blockchain

    HyperEVM

  • Smart Contracts

    Solidity, Hardhat, Gondi Protocol

  • Integrations

    Drops API, Google Sheets API, Sendgrid API, ParsecFi, Drip.Trade, NFTScan API

  • DevOps

    Hetzner, Bamboo, Netlify

  • UX/UI Design

    Figma

Protocol security and user convenience were essential principles in technologies selection.

bae market

The Result

NFT sold out in hours

Over $50k in first week in loans TVL

Top-3 by volume on Drip.Trade

Aegas built the lending protocol and successfully passed the audit. The platform decentralized application was designed and built from scratch and is currently live on Hyperliquid. Ownership of partner NFTs on HyperEVM and Solana gives users boosts and platform fee discounts for lending. Users earn points for activities on the lending platform and upgrade their ranks and badges.

NFT collection was sold out in hours and was one of the top traded collections on Hyperliquid by volume. Metadata of the collection was revealed with provable shift generation to ensure fair distribution.

Aegas continues working with BAE on further product roadmap.

bae lending platform