About
MakerDAO is the company behind DAI, the first truly decentralized stablecoin cryptocurrency on the Ethereum blockchain. Dai’s value is pegged to the US Dollar and is backed by numerous collateral assets. Instead of being mediated by a central institution, its stability is maintained by a system of aligned financial incentives. The Maker Protocol also consists of MKR, a token that stakeholders use to support the system and maintain Dai.
CHALLENGE Before developing Dai, MakerDAO operated a cryptocurrency exchange protocol called OasisDex. Since it was developed using the Meteor framework, our client found it challenging to scale and maintain. MakerDAO’s goal was to completely reevaluate their strategy in a way that would speak to their audience of customers. In order to achieve this, they needed a team of skilled front-end developers who would rewrite the platform using a modern technology stack and keep it running in top condition.
SOLUTION To help MakerDAO improve their exchange platform, we augmented their development team with a team of two skilled front-end developers. Our engineers were responsible for carrying out development work on the platform, as well as some lesser known components of the MakerDAO ecosystem: Oasis Direct and Eth2Dai.
TECHNOLOGY Our team worked on Oasis, Oasis Direct, and Eth2Dai components which are responsible for exchanging DAI, ETH, and MKR assets. That exchange is powered by the on-chain order book which keeps track of the entire state of the exchange. To add an offer, users have to complete transactions on the Ethereum blockchain. The front-end components are true-dapps; they only show the state of the blockchain and don’t rely on any centralized back-end components. This feature makes Oasis markets unique on the cryptocurrency scene.
Contrary to standard systems, Oasis doesn’t have a back-end component and private database. All the data is stored on a public blockchain which serves as the single source of truth. Since there’s no private central component, Oasis has a truly decentralized architecture.
RESULTS
Development of the exchange platform and the surrounding components
Increase in platform engagement and perceived authority among clients
Successful long-term cooperation
- Not providedSize in euros
- Not providedPrice
- 18Duration in month
- 2Team size
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Company Description
Rumble Fish Development is a Software and Production House. We specialize in Blockchain, FinTech, and Cloud Computing. We quickly adopt the latest technologies delivering cutting-edge functional, accessible, and fast solutions.
We are a team of super-experienced full-stack developers with extensive expertise in Ethereum Blockchain, AWS, Cloud Computing, Solidity smart contracts, Node.js, React, Python, Node.js, Hyperledger, and FinTech. Rumble Fish provides end-to-end development services so our clients can fully rely on us.
We are based in Cracow, Poland, having a team of 40+ brilliant and dedicated professionals with the vision and skills to shape the future of technology. Internal Education Center and R&D department allow us to be at the forefront of software development technologies.
We have extensive experience working with companies worldwide and can provide you with referrals from our past and current clients.
Why you should cooperate with Rumble Fish:
End-to-end digital solutions development
A team 100% dedicated and focused on your business project
Constant delivery
Daily standups with the Client
Competitive in rates
Full transparency of the development process
Our expertise covers:
software design & development
cloud application maintenance (AWS)
core blockchain development
Ethereum smart contracts development
IoT
Hyperledger development
ICO Launch
Security Audits
And many more
How we work:
IDEATION We put your ideas and imaginations down to a clear concept & strategy
EXECUTION Architecture, Design, and Development stage
LAUNCH Final approval, testing, deployment, go live in sync with marketing and sales
GROWTH User feedback, lifecycle maintenance & support, continuous growth
We see every project as an opportunity to show our top-notch skills. To this end, we go against conventional methods and explore new ways to create scalable and high-quality products.
Whether you are a startup, established business, or a governmental organization, we have a team of the best Blockchain, FinTech, and Cloud Computing developers to breathe life into your ideas. Challenges are our passion.
Get in touch!
Company Information
- Rumble Fish Software DevelopmentCompany Name
- 43Number of Employees
- English, German, Polish, Russian, UkrainianSpoken Languages
- https://www.rumblefish.devWebsite
- [email protected]Email
- 2014Year Founded
- PolandHeadquarters
