Inspiration

Inspired by famous mathematician Joseph-Louis Lagrange's theories about stability and optimization, we have decided to build a market dedicated specifically to cash-backed stablecoins.

What it does

  1. Lagrange decentralized liquidity network - querying, analyzing, and connecting different data sources for price and liquidity data, similar to traditional FOREX Electronic Communications Network (ECN)
  2. dAPP - for swapping and trading different digital currency markets like majors, cross-currencies, exotics.
  3. DEX - for pro trading, data-based dashboard, and trading bots.

How we built it

We started during the previous hackathon and worked with multiple economists, mathematicians, and engineers to build a prototype and concept. With a full-time team of experienced developers and engineers, we are going into the next phase - creating a fully functioning app and network.

Challenges we ran into

The main challenge was finding good rust developers experienced with blockchain. Worked with different teams and finally found a team for a long-term partnership.

Accomplishments that we're proud of

Well, as said above, finding teammates was really difficult for us. However, even if we could not find the teammates that we currently have back then, we managed to keep working and not lose motivation.

What's next for Lagrange

  • Launching Liquidity pools
  • Launching real-time cross-currency market
  • Launching arbitrage pool
  • Creating USDL - stablecoin similar to SERUM_USD, that is backed by multiple currencies of the same category
  • Token integration

Built With

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