Factor

Factor is a groundbreaking decentralized finance (DeFi) platform that empowers users to create, distribute, and monetize DeFi strategies without requiring advanced coding skills. With Factor, users can easily combine protocols from across the DeFi ecosystem into automated, permissionless strategies that run seamlessly across multiple blockchains. Aleh Tech contributed to this vision by providing expert development services in frontend, backend, and blockchain integration to enhance platform performance and scalability.

Problem Statment

As Factor's user base expanded, the platform faced challenges in efficiently managing and scaling its infrastructure. The complexity of integrating multiple DeFi protocols, ensuring secure and automated transactions, and maintaining optimal platform performance became critical issues to address.

Solution

Aleh Tech augmented Factor’s development by providing three dedicated experts in frontend, backend, and blockchain.

For the blockchain, our team developed and deployed custom Solidity smart contracts to implement yield optimization strategies across multiple DeFi protocols like Aave, Compound, and Uniswap. We utilized the proxy pattern for upgradable contracts, ensuring seamless updates without migrations, and the diamond pattern (ERC-2535) to modularize contract architecture for scalability and maintainability.

On the frontend, we crafted modular UI/UX components for the dApp, enabling on-chain interaction and seamless SDK integration with various protocols. Our developers improved the management interface using state management and complex block structures, ensuring smooth communication between the platform and external services.

For the backend, we architected scalable APIs to connect the frontend and blockchain. This involved designing a secure, high-performance API layer for handling real-time interactions with smart contracts and integrating external data sources.

Tech Stack

Back-End

Java
Node.js
Solidity
GraphQL
ERC-2535
Proxy Pattern
test

Front-End

React.js
Web3.js
Redux (State Management)

Integrations/APIs

SDK Integration {Frontend}
RESTful APIs
WebSockets
JSON-RPC

Others

Notion {Project Managment}
GIT {Version Controlling}

Conclusion

Aleh has become an integral part of Factor's development team, contributing to their expanding and ambitious roadmap. As core collaborators, we are now working on more advanced features, such as Factor Studio, which allows users to create and deploy decentralized finance strategies with ease. Our continued involvement ensures the platform remains scalable, secure, and innovative as it evolves to meet the growing demands of the DeFi ecosystem.

Testimonial{s}

4.7/5

" A perfect compliment to our existing team. "