The Starting Point
We began with a simple realization: using DeFi is time-consuming, risky, costly, and requires in-depth knowledge. To start our story, we created “Esperance Finance,” a streamlined application that’s easy to use and will change the way you interact with DeFi.
Disrupting Habits: The “MindMapper”
Our first solution, “MindMapper,” is on a mission to simplify, automate, and clarify DeFi strategies.
This module allows you to create your strategies in the form of a mind map, where each “bubble” represents an action such as a swap or staking, and each “linking branch” is a trigger that you can fully customize based on the price of a token, the TVL of a project, the liquidity of a pool, etc. You can save your strategies as drafts during creation to revisit later or deploy them directly, offering a frictionless, visual experience accessible in just a few clicks.
Tracking Your Investments
A dashboard gives you an overview of all your created strategies, enabling you to activate them, pause, or sort them as desired. Quick, simple, and effective.
Sharing Your Strategies: A Marketplace
If you’ve been paying attention, you’ve noticed that strategies have different origins as described in the Dashboard.
We want even beginners to use DeFi and our application, which is why we’ve decided to create a marketplace where the more experienced can offer their strategies for compensation. This maintains operational secrecy while ensuring transparency to prevent scams.
Seller Social Networks and Reviews
Seller social networks will be directly available on their profiles, along with reviews from people who have followed their strategies for a substantial period, to ensure even greater transparency.
Customization and Transparency
Creators can tailor their strategies as they see fit, defining caps on capital, periods, or the number of users. They will choose their own operational fees transparently. Additionally, they can build credibility and continue to grow their community.
Monetize Knowledge, Capitalize on Capital
If you have little capital but plenty of knowledge, monetize it. If you have capital but lack the knowledge, let it grow.
Exorbitant Gas Fees: A Thing of the Past
Our application’s greatest feature is the saving on gas fees.
During bull markets, gas fees can be a real issue on certain blockchains, sometimes amounting to hundreds of dollars.
The idea is to aggregate user transactions to mutualize the cost of a transaction.
If multiple users wish to perform the same action simultaneously, their transactions will merge, and only one transaction will be broadcast to the blockchain, drastically reducing the actual gas fees charged to the user. This feature allows users with the smallest capital or those employing high-frequency strategies, for whom gas is a real problem, to mitigate its impact. Strategies used via the marketplace also benefit from this feature, further enhancing its utility.
Our Business Model
Esperance Finance’s business model revolves around two main points:
- We will collect operational fees on strategies. The percentages are yet to be decided and will evolve based on certain parameters.
- For aggregated transactions, we will calculate the saved gas fees and take a subsidiary amount to ensure the savings are still highly beneficial.
It’s important to note that a portion of the revenue will be allocated to holders of $ESPR, who will receive royalties from the entirety of upcoming “Esperance” projects.
Roadmap:
- Esperance Finance + Marketplace: Our current offering includes the Esperance Finance platform coupled with a marketplace where users can share and monetize their DeFi strategies.
- Esperance Wallet: The next phase will introduce the Esperance wallet, a seamless way to manage digital assets. (Thanks to account abstraction)
- Esperance Payment Processor: Looking further ahead, we plan to implement an Esperance payment processor to facilitate crypto payments within users/protocols who need to receive cryptoassets.
- Transaction Aggregator on the DEX: We aim to aggregate transactions on the DEX by creating bundles from multiple users who want to sell an asset over a given period.
- MindMapper = Toolbox: The MindMapper will evolve into a toolbox that allows all users/protocols to create their own dApps with Esperance tech integration (SDK).
