{"signature": "0xe5e9b32ffb7c5b9e58c229c0d00bd06e14f0d719b4acff871418ed0e8e49572c4aa8d2d6bb2aea9ff100930e52f1c0d7fe3e4a935e0b991860a018c03a10c1e21c", "application": {"round": "0x3e93205b786796cf7ea70404e89c7dda3b84d07a", "answers": [{"type": "email", "answer": "acecapitalteam01@outlook.com", "hidden": true, "question": "Email Address", "questionId": 0}, {"type": "short-answer", "answer": "phantom_of_the_op", "hidden": true, "question": "Telegram Handle We Can Use To Contact You", "questionId": 1}, {"type": "short-answer", "answer": "https://github.com/AceCapitalDAO/AceCapitalAVAX", "hidden": false, "question": "Project GitHub Repo", "questionId": 2}, {"type": "link", "answer": "", "hidden": false, "question": "Link to your Public Group Chat", "questionId": 3}, {"type": "paragraph", "hidden": false, "question": "Have you participated in a previous Gitcoin Grants Round? If so, please name the rounds or link the builder profile associated with previous rounds.", "questionId": 4}, {"type": "paragraph", "answer": "How Does our Project Contribute to the Growth of the OSS Ecosystem?\nAce Capital contributes to the OSS ecosystem by open-sourcing a battle-tested, audited hedge fund contract on Avalanche, launching June 2025 post-Certik audit. Our passthrough smart contract, transferring AVAX/USDC to CEXs, logging trades via APIs, and enabling withdrawals, will go public at github.com/AceCapitalDAO/AceCapital under an MIT license. This fills a gap in DeFi: transparent, high-yield trading logic reusable by developers. The $12k audit ensures security, making it a reliable OSS asset. By targeting $10M+ TVL, we’ll drive adoption, inspiring dApps to build on our code and grow Avalanche’s OSS footprint, 350k+ active addresses (March 2025) get a new toolset\n\nSpecific Examples of How Your Application Enhances or Expands the Current Ecosystem\nTrade Logging Standard: Our API-driven logging ({trade_id, timestamp, amount, result}) offers a reusable OSS module. Developers can fork it to track trades in dApps e.g., a lending protocol could log collateral swaps, enhancing transparency across Avalanche’s ecosystem.  \n\nAudited Passthrough Template: Post-audit, our contract becomes a secure blueprint. A dev building a yield aggregator could adapt it to route funds to DEXs, expanding DeFi’s OSS library, current options like Aave lack trading focus.  \n\nCross-Chain Bridge: Our Moonbeam plan (2026) open-sources Avalanche-Polkadot integration, letting OSS devs bridge assets e.g., a DAO could use it to manage cross-chain treasury trades.", "hidden": false, "question": "How does your project contribute to the growth of the OSS ecosystem? Please provide specific examples of how your application enhances or expands the current ecosystem.", "questionId": 5}, {"type": "paragraph", "answer": "What Features or Use Cases Does Your dApp/App Present?\nAce Capital is a non-custodial dApp on Avalanche, merging hedge fund mechanics with web3 transparency. Features: (1) A passthrough smart contract transfers AVAX/USDC to Binance/Bybit for futures trading, locking funds for 6 months; (2) API-driven trade logging ({trade_id, timestamp, amount, result}) records every move on-chain; (3) Withdrawal functionality post-lockup returns profits to users. Use Cases: High-net-worth individuals (HNWIs) invest via wallet (e.g., MetaMask), targeting 100%+ returns (10:1 R:R, proven in 4-month MVP). Post-$12k Certik audit, we launch June 2025, open-sourcing at github.com/AceCapitalDAO/AceCapital, devs can repurpose it for yield farming or treasury management.\n\nHow Is It Differentiated?\nAce Capital stands out in DeFi with audited transparency and high-yield trading. Unlike Aave or Compound (lending-focused, 5-20% APY), we target 100%+ returns via futures, logged on-chain, no black-box TradFi nonsense. Avalanche’s sub-second finality and $0.01 fees (vs. Ethereum’s $5+ gas) make it scalable; our 10:1 risk-reward beats Uniswap’s liquidity pools (1:1 typical). The $12k audit ensures security, a rarity in trading dApps, most skip it, risking hacks. Post-launch, our OSS contract lets devs fork a proven model, current OSS options (e.g., Yearn) lack trading depth. We’re TradFi’s web3 killer, aiming for $10M+ TVL from Dubai’s $996B pool.", "hidden": false, "question": "What features or use cases does your dApp/App present? How is it differentiated?", "questionId": 6}, {"type": "paragraph", "answer": "What are our plans for further development?\nAce Capital’s post-audit roadmap scales our audited Avalanche hedge fund into a DeFi powerhouse. Short-Term (June 2025): Launch on mainnet post-Certik audit (May 1), targeting $1M pilot AUM from Dubai HNWIs, then $10M+ TVL by year-end, open-sourcing at github.com/AceCapitalDAO/AceCapital (MIT license) for dev adoption. Mid-Term (2026): Bridge to Polkadot via Moonbeam, enabling cross-chain trading, OSS code lets devs replicate it. Long-Term: Self-fund via profits, integrate Aave liquidity, hit $50M AUM, our 100%+ return model (10:1 R:R) becomes a DeFi OSS standard, growing Avalanche’s 350k+ user base (March 2025).\n\nHow Will the Grant Funds Be Used to Achieve Our Goals?\nThe $12k grant fully funds our Certik audit, due May 1, 2025, securing our passthrough contract (AVAX/USDC transfers, API logs) for mainnet launch. This unlocks everything: June 2025 deployment drives $1M pilot AUM, audited trust attracts $10M+ TVL from Dubai’s $996B pool, and open-sourcing post-launch fuels OSS adoption. Audit fixes (April-May) ensure zero exploits, critical for HNWIs and devs forking our code (e.g., trade logging for yield dApps). Without the audit, we can’t launch or scale, $12k is the linchpin, turning our 4-month 100%+ return MVP into a $50M AUM reality, amplifying Avalanche’s DeFi ecosystem via OSS.", "hidden": false, "question": "What are your plans for further development, and how will the grant funds be used to achieve these goals?", "questionId": 7}, {"type": "paragraph", "answer": "0xDD9EFf3bC4af2edeEC91539CF31f9F69871d7Ad7, 43114", "hidden": false, "question": "For any project deploying smart contracts on blockchain networks, please list all your deployer addresses and their corresponding blockchain networks. Use this format for each entry: [deployer_address], [chain_id]—for example, 0x123abc..., 42161 (This represents a deployer address on the Arbitrum network). Please include a separate line for each unique deployer address and blockchain combination.", "questionId": 8}], "project": {"id": "0x5e837dd6a30a486db535f1bcb09f8c5242c76fe4a2c0d54b509a4963bdeef865", "title": "Ace Capital", "logoImg": "bafkreiayb7hjfakrmupycxhkl24xzzbfdwaw2yf7cpfpmtbla2earmysmm", "metaPtr": {"pointer": "bafkreiatvtgnkiszimbztwc7ghtxr62ntvjfin2km4l2chsd42tzbu57ly", "protocol": "undefined"}, "website": "https://github.com/AceCapitalAVAX/AceCapitalAVAX", "bannerImg": "bafkreicygf2n55rx46bfmhdhmbsqbxhfps54lx5s3c42x5kl7awpeymd3u", "createdAt": 1742342932206, "userGithub": "AceCapitalAVAX", "credentials": {"github": {"type": ["VerifiableCredential"], "proof": {"type": "EthereumEip712Signature2021", "created": "2025-03-19T07:07:00.206Z", "@context": "https://w3id.org/security/suites/eip712sig-2021/v1", "proofValue": "0x615f031382b6e441a9e76b8df05b7f590b465b8789231cbaff8b6cd2fd0ef56232e33189f881119b4ba03fce5142e40ac5511b171c4d9ce86d4b3a2a95956b3e1c", "eip712Domain": {"types": 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{"name": "VerifiableCredential"}, "primaryType": "Document"}, "proofPurpose": "assertionMethod", "verificationMethod": "did:ethr:0xd6f8d6ca86aa01e551a311d670a0d1bd8577e5fb#controller"}, "issuer": "did:ethr:0xd6f8d6ca86aa01e551a311d670a0d1bd8577e5fb", "@context": ["https://www.w3.org/2018/credentials/v1", "https://w3id.org/vc/status-list/2021/v1"], "issuanceDate": "2025-03-19T07:07:00.206Z", "expirationDate": "2025-06-17T07:07:00.206Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x32Ad402b8961486ea1F8761c12F729A7011858C1", "@context": {"provider": "https://schema.org/Text", "nullifiers": {"@type": "https://schema.org/Text", "@container": "@list"}}, "provider": "ClearTextGithubOrg#AceCapitalDAO#203106009", "nullifiers": ["v0.0.0:hS6eckVCA2L8X9fneSVcSqD0OtEcpQG/O1CmpVefdIA="]}}, "twitter": {"type": ["VerifiableCredential"], "proof": {"type": "EthereumEip712Signature2021", "created": "2025-03-19T06:51:42.020Z", "@context": "https://w3id.org/security/suites/eip712sig-2021/v1", "proofValue": "0x9882332f19a6b76da44f7eec02615ec591a6f6bbe8faedbe53f815cfb0f9f2c426e24319e2eff913f7d06e0dd4248562ea3490005c849194fdb3ba16f27378631b", "eip712Domain": {"types": {"Proof": [{"name": "@context", "type": "string"}, {"name": "created", "type": "string"}, {"name": "proofPurpose", "type": "string"}, {"name": "type", "type": "string"}, {"name": "verificationMethod", "type": "string"}], "@context": [{"name": "nullifiers", "type": "NullifiersContext"}, {"name": "provider", "type": "string"}], "Document": [{"name": "@context", "type": "string[]"}, {"name": "credentialSubject", "type": "CredentialSubject"}, {"name": "expirationDate", "type": "string"}, {"name": "issuanceDate", "type": "string"}, {"name": "issuer", "type": "string"}, {"name": "proof", "type": "Proof"}, {"name": "type", "type": "string[]"}], "EIP712Domain": [{"name": "name", "type": "string"}], "CredentialSubject": [{"name": "@context", "type": "@context"}, {"name": "nullifiers", "type": "string[]"}, {"name": "id", "type": "string"}, {"name": "provider", "type": "string"}], "NullifiersContext": [{"name": "@container", "type": "string"}, {"name": "@type", "type": "string"}]}, "domain": {"name": "VerifiableCredential"}, "primaryType": "Document"}, "proofPurpose": "assertionMethod", "verificationMethod": "did:ethr:0xd6f8d6ca86aa01e551a311d670a0d1bd8577e5fb#controller"}, "issuer": "did:ethr:0xd6f8d6ca86aa01e551a311d670a0d1bd8577e5fb", "@context": ["https://www.w3.org/2018/credentials/v1", "https://w3id.org/vc/status-list/2021/v1"], "issuanceDate": "2025-03-19T06:51:42.020Z", "expirationDate": "2025-06-17T06:51:42.020Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x32Ad402b8961486ea1F8761c12F729A7011858C1", "@context": {"provider": "https://schema.org/Text", "nullifiers": {"@type": "https://schema.org/Text", "@container": "@list"}}, "provider": "ClearTextTwitter#AceCapitalAVAX", "nullifiers": ["v0.0.0:EQXMPvAvA2ixNMqdzBsKksHchZKrtZnH/qEaxAcNZkU="]}}}, "description": "What is the Project About?\nAce Capital is an on-chain hedge fund built on Avalanche, revolutionizing futures trading with web3 transparency. Our passthrough smart contract (Solidity, 500 lines) transfers AVAX/USDC to Binance/Bybit, logs every trade via APIs (e.g., {trade_id, timestamp, amount, result}), locks funds for 6 months, and enables withdrawals—all fully auditable on-chain. A 4-month MVP delivered 100%+ returns (1% risk, 10:1 R:R), proving our model off-chain. Now, we’re requesting $12k for a Certik audit to deploy securely on Avalanche mainnet by June 2025. Post-audit, we’ll open-source it at github.com/AceCapitalAVAX/AceCapital, making transparent trading a DeFi standard.\n\nWhat Impact Does It Aim to Have?\nAce Capital aims to drive $10M+ TVL into Avalanche by June 2025, targeting Dubai’s $996B wealth pool with a secure, audited contract. The $12k Certik audit ensures trust—critical for high-net-worth adoption—unlocking scalable DeFi trading at 10:1 R:R. By open-sourcing post-launch, we’ll empower Avalanche’s 350k+ active addresses (March 2025) with reusable trade-logging tech, boosting ecosystem transparency and dApp innovation. Leveraging Avalanche’s sub-second finality and $0.01 fees (vs. Ethereum’s $5+ gas), we’ll set a benchmark: DeFi can outpace TradFi profitably and openly. Gitcoin’s funding seeds this—securing the audit sparks a $10M+ ripple.\n\n\n\n", "lastUpdated": 0, "projectGithub": "AceCapitalDAO", "projectTwitter": "AceCapitalAVAX"}, "recipient": "0xDD9EFf3bC4af2edeEC91539CF31f9F69871d7Ad7"}}