Inspiration

We were looking to build a simple social trading platform for low capital, non-expert traders to access DeFi markets.

What it does

Loibon is a lossless social trading platform where users can deposit and withdraw funds into vaults. The vaults then take hedged market positions.

How we built it

We've deployed Loibon contracts on Polygon testnet. We have 4 contracts managing treasury, vaults, and staking of LOI tokens. We integrated the vaults with GMX to allow vault managers and treasury to open and manage positions.

Challenges we ran into

  • Limited resources for dev hires ## Accomplishments that we're proud of We've managed to get an MVP up and running as we continue optimization and modeling

What we learned

To consult the community as we build. We also learned to test out ideas no matter how crazy they might appear.

What's next for LOIBON

To optimize our models,product-market fit, improve user experience, start closed beta, grow our community and also raise.

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