PiggyGPT
A revolution in decentralized trading through AI and automation.
Project Overview
PiggyGPT is an advanced AI-driven trading solution designed to revolutionize the experience of retail traders in the EVM ecosystem. By leveraging automation and intelligence, PiggyGPT simplifies complex trading operations, enabling seamless cross-chain transactions, eliminating gas fees, and integrating with familiar messaging platforms. Our goal is to bridge the gap between traditional retail users and decentralized finance (DeFi), offering an intuitive and frictionless experience.
Project goals
Enhance Accessibility: Ensure that retail traders can effortlessly engage in DeFi without needing deep technical knowledge.
AI-Powered Trading Assistance: Implement intelligent automation to provide users with real-time insights and optimized trade execution.
Seamless Cross-Chain Swaps: Enable trading across multiple chains without users needing to manage bridges or gas fees.
Integration with Messaging Platforms: Provide an intuitive trading interface within Telegram, with planned expansions to WhatsApp and Discord.
Reward and Incentivization Mechanism: Introduce airdrop and engagement rewards to encourage adoption and consistent participation.
SpaceDev’s contributions
We were responsible for analyzing and defining the necessary features and functionalities to successfully execute the project. We identified key areas for improvement and leveraged cutting-edge technologies to address complex challenges, such as cross-chain swaps.
To achieve this, we integrated various AI-driven tools to streamline development and enhance the user experience. ChatGPT was utilized to power our conversational assistant, providing traders with real-time insights and guidance within Telegram groups, with future expansions planned for WhatsApp and Discord. GitHub Copilot accelerated our coding processes, optimizing trading automation and reducing development time. Additionally, V0 by Vercel enabled rapid UI prototyping, allowing for an agile iteration process that ensured a seamless interface for our users.
Automated Trading Execution: Users can execute trades with a single tap, reducing friction and enhancing user experience.
DeFi Integrations: PiggyGPT connects with leading DeFi protocols such as Jupiter, LEFI, and Deep Bridge to provide the best trading routes.
Secure Wallet Management: Users receive self-custodial wallets upon sign-in, ensuring secure and effortless asset management.
Gamification and Engagement: Users earn daily engagement rewards and participate in airdrop-driven incentive programs.
Future Expansion: Plans to support additional blockchains and integrate off-ramps with Monarium for crypto-to-fiat conversions in Europe.
Results
Over 10,000 users participated in initial testnet campaigns.
Trading volume of 5,000 USDC in the testing phase.
Strategic collaborations with Monarium, Arbitrum, and Safe to enhance user experience.
Tokenomics model designed to reward users with airdrops and facilitate liquidity distribution.
AI Agent based on elizaOS for Discord, Telegram and X (Twitter).
The project required
Team
1 FullStack Developer
1 PM
Technologies
React
Material UI
WunderGraph
Typescript
Prisma
Time
March 2024 - Ongoing
The Bottom Line
PiggyGPT represents a revolution in decentralized trading through AI and automation. Our team has successfully built an intuitive, efficient, and retail-friendly trading platform for the EVM ecosystem. With a strategy focused on reducing friction and maximizing incentives, this solution has the potential to bring a new wave of users into DeFi.
