About SquaDeFi.protocol

At the core of SquaDeFi.xyz is our protocol, designed to help KOLs, wallets, and other web3 products set up on-chain crypto copy trading on their platforms.

Why We Built the Protocol

While developing SquaDeFi.app, we received a massive demand from founders and KOLs wanting to integrate our solution into their platforms.

After discussing with our team, we realized deploying a full on-chain protocol was possible and started down that path. Success followed quickly, and we signed several LOIs. Now, we’re actively working on implementation.

What the Protocol Does

The protocol is made up of several key components:

1. Influencer Database, Leaderboards, Tracking, and Analytics:

   By connecting to the unified protocol, platforms instantly access all influencers within the protocol, eliminating the need to build their database.

2. Unified Monetization/Reward System for Influencers:

   Influencers can grow their accounts across multiple platforms while trading in one place, earning income from all platforms simultaneously.

3. Transparency:

   Our on-chain solution allows all participants to monitor transactions, ensuring influencers can’t fake their track records and that centralized solutions don’t siphon off their earnings.

4. Easy Integration:

   Whether you’re a platform or a KOL, you can quickly and easily integrate the protocol into your social network using SquaDeFi.xyz’s API or SDK.

How the Protocol Works

The protocol links to the user’s wallet and starts tracking the movements of funds in the influencer’s wallet. We monitor all assets in the influencer’s wallet, understand their percentage distribution, and the protocol begins forming a similar portfolio for the user.

When the influencer makes a transaction, sends money, swaps, or bridges, their asset balance changes. At that point, the protocol kicks in and rebalances the user’s wallet to mirror the influencer’s portfolio.

This seamless integration ensures that users can effortlessly replicate the successful strategies of top influencers, staying aligned with their trades in real-time. It’s a game-changer for those looking to leverage the expertise of seasoned crypto traders without the hassle of manual adjustments.