ShadowFarmer
US
Telegram liquidity farming bot for Sonic Shadow Exchange with take profit/stop loss automations, embedded swap, smart position management and more.
The Challenge
Duration of work: 1 month
People on the project: 5
Concentrated liquidity farming requires constant monitoring of the positions to stay in-range to earn yield. ShadowFarmer bot simplifies this via automated price-based hooks for take profit and stop loss actions.
Bot covers custodial wallet creation and management, token swaps, deposits and withdrawals, position management and on-chain price monitoring to establish simple UX for the liquidity providers.
Project
team
- Backend Developer2
- QA Engineer1
- DevOps1
- Product Manager1
Rostyslav
[Backend Developer]
Andrii
[Backend Developer]
Oleksandr
[QA Engineer]
Yurii
[DevOps]
Lidiia
[Product Manager]
What we use
UX and ease to use for non-crypto native users were the core principle in development approach
The Result
1k%+ APR
24/7 automation
Bot was successfully launched on Sonic Network and is operating in Telegram.
Users are able to create LP positions and set fixed price-based or percentage-based take profit and stop loss configuration for the LP provision. Once the price reaches the limit the bot automatically withdraws and converts position into a pair token of choice. Swap fees are also automatically claimed on user behalf.
Bot application is scalable and can be used as a white-label solution for multiple DEXes and networks.
