Lovely Inu Finance (LOVELY) is an innovative Automated Market Maker (AMM) ecosystem based on the concept of DeFi (Distributed Finance). The project has been designed to enhance the capital of existing investors by introducing various financial tools, aiming to attract more participants to the community. The DEX (Decentralized Exchange) is a core DeFi infrastructure component. This DEX, LOVELYFINANCEDEXV4, is a unique version of Uniswap V4, customized to unlock key financial features. Its underlying smart contract is non-upgradable and only supports approved tokens for liquidity provision.
Python, Node.js, React.js, Solidity, PostgreSQL.
About Lovely Finance
An essential aspect of this update is LOVELY FINANCE DEX V4, which is a highly customized version of Uniswap V4. It’s designed to provide zero-fee or close to zero-fee swapping and a token validation system to keep scam projects away from the DEX. The DEX operates on “validated liquidity pools”, which become operational only after predefined conditions are met.
Сhallenge:
Developing an AMM ecosystem as complex as LOVELY requires extensive knowledge of blockchain technologies and an understanding of various decentralized finance paradigms. The platform needed to offer near zero-fee swapping and token validation upon DEX entry to deter scam projects while maintaining a robust infrastructure. Additionally, creating validated liquidity pools that only become operational after meeting certain conditions introduced another layer of complexity.
Solution:
Built the LOVELYFINANCEDEXV4 ecosystem using Ethereum’s blockchain and Binance Smart Chain. The project’s smart contracts were written in Solidity, and our DEX modeled on Uniswap V4. We utilized Web3.js for seamless blockchain interaction, IPFS for decentralized storage, and Chainlink’s oracle network for reliable data feeds. Frontend was developed using React.js, with Metamask integration for transactions.
- Implemented secure smart contracts using Solidity.
- Ensured interoperability with Ethereum and Binance Smart Chain.
- Developed a functional decentralized exchange (DEX).
- Integrated Chainlink's oracle for reliable data feeds.
- Provided seamless user experience using React.js and Metamask.
