Support the improvement and development of the community version of Opium Finance by allocating ecosystem funds
Rationale
We at Codemotion are pleased to participate in helping Opium ecosystem grow. We would like to propose to. use our strong experience in software development to help build the community version (alternative UI) of Opium Finance called “Oh My Opium”.
The current proposal serves only indicative (signaling) purpose to express community opinion on willingness to accept the proposal and thereafter allocate ecosystem funds based on the proposal’s requirements upon all delivery stages of “Oh My Opium”
Thanks for the elaborate proposal! I think the proposal makes a lot of sense—the budget estimate is not unreasonable and the proposed approach seems effective.
I think some focussed efforts on the Opium Finance UI would be of strategic importance since it would enable users to more easily interact with the primitives that the protocol offers (which are very promising in my opinion).
Good idea about reworking and extending the infrastructure of the project. Design looks interesting. But I have a few question regarding the proposal. It’s not even close to critique, just want you to elaborate on several details.
What will be the difference between the original Opium and “Oh My Opium”?
What is the need of 3-week business analysis for an already working project with working mechanics?
“Oh My Opium” is a alternative, completely independent and open sourced community version of the Opium Finance interface that was initiated by @mrnobody couple of month before. It’s running on IPFS.
that’s crazy to see that community is building own versions more front end decentralisation. The same is done by communities of AAVE, Uniswap and others. If I am not mistaken it is more than 10 companies already who built on the protocol their experiments, prototypes and fully productional products
my key observation that [analogues of] derivatives are not adopted in DeFi in any project: in CeFi derivative are 100x of spot market, however in DeFi is 0.1 at max so far
But overall - great move! I waited for smth like that ! We definitely need high level decentralized UI to access protocol.
And prices for such work seems reasonable and not looks as the team just want to grab some tokens.
Btw, its very interesting to me - the whole process of grant delivery…
And one more - If I get it correct - the whole work will be opensourced, yes? @Codemotion
There are 2 scenarios for the BA phase in our proposal: Optimistic and Realistic.
We consider maximum hours for the BA phase in the realistic scenario. It’s like a budget cap. We try to cover all risks by adding 40% on top of this scenario. Actually, we’ll be focused on fitting into Optimistic and provide regular reports that will show plan/fact and any deviation.
We need 2-3 weeks for the BA phase:
check currently implemented oh-my-opium project implementation and business-logic to understand how it works and if it works as expected, so we’ll prepare very detailed specifications for already existing features;
investigate all-new features requested, prepare detailed specs for each, make required tech researches (e.g. for WalletConnect);
we’ll thoroughly test the currently existing oh-my-opium project to figure out possible bugs that should be addressed later or confirm that it’s 100% corresponds to the specs.
The outcome will be ready-to-go specs for developers that will be synchronized and confirmed with the community so we can avoid any risks on scope and budget. It will help all parties to be on the same page regarding what is the current status of the project, what should be done, and in what way and essentially securing the community risks for the development phase.
We are so excited to start working on the project. We are ready to start from the Business Analyst phase.
We are thankful to all of you. Thank you for your support!
We are setting up the team and want to notify you about our plans for the BA phase. We have chosen the strongest BA from our team for the project. This BA can dedicate 2-3 hours per day for Opium. We hope that he will be more available soon and spend more time on the project to speed BA phase.
We believe that his wide experience brings great results.
Wishing you all a productive week!
Codemotion team
Just a short progress update from our side for the past week. We had a productive kick-off and got the following done:
Did product investigation in terms of developed functionality;
Created product positioning document;
Conducted Q&A workshop with core contributors.
Our next steps are:
Prepare requirements for current product;
Investigate to-be state of the platform (design + requirements from core contributors).
We are open for your questions and suggestions. Please comment on what you would like us to share and present to the community for open review and discussion.
