Bondi Finance
Bridging traditional finance and Web3, making real-world assets accessible to all.
Project Overview
Bondi Finance is a pioneering startup dedicated to democratizing access to real-world financial assets, such as bonds and coupons, within the Web3 environment. By leveraging blockchain’s security features and principles of decentralization, Bondi Finance aims to bridge the gap between traditional finance and the digital economy. Their mission is to remove barriers that prevent retail investors from participating in emerging market bonds, which traditionally require significant capital and are absent from the blockchain ecosystem.
Project goals
Bondi Finance engaged SpaceDev with the following key requirements:
Permissionless trading of bond tokens
Freezable tokens for emergency scenarios
Permissioned minting and burning through a KYC system
Blacklisting of unauthorized addresses
Support for DeFi markets and exchanges
Token claim functionality for platform users
Upgradeable token contract architecture
Forced transfer capabilities
On-chain document management for bond prospectuses
SpaceDev’s contributions
SpaceDev developed the entire suite of smart contracts from the ground up, ensuring scalability, security, and compliance with Bondi Finance’s requirements. In addition to blockchain architecture, SpaceDev provided advisory support on technical scalability, product growth strategies, and implemented various frontend and backend enhancements.
Key contributions include:
Designing and deploying a secure and scalable smart contract infrastructure
Developing a funding mechanism via USDC, allowing for the issuance and distribution of tokenized bonds
Implementing NFT-based rewards for investors meeting specific criteria
Ensuring all contract functionalities met the specified technical and compliance standards
Enhancing frontend and backend components, including bug fixes and wallet integration
Educating the product owners on blockchain scalability and best practices for long-term development
SpaceDev not only delivered a technically sound product but also provided strategic insights to ensure the solution’s long-term viability. All project milestones were met on time, exceeding client expectations.
The project required
Team
1 Senior Smart Contract Developer
1 Senior Frontend Developer
Technologies
React
Javascript
Solidity
Hardhat
The Bottom Line
By leveraging SpaceDev’s blockchain expertise, Bondi Finance successfully developed a groundbreaking platform that democratizes access to emerging market bonds. This collaboration represents a significant step toward making real-world assets more accessible through Web3 technology.
