BloXmove: Smart contract that cuts gas fees and boosts user earnings from liquidity pools

BloXmove's smart contract system reduced gas fees by 30-70% while boosting user earnings through optimized liquidity pool placements. CML Team did the feasibility analysis and developed the primary smart contract, which helped BloXmove's team test and integrate it into its solution. BloXmove, a company in Ireland, originally incubated within the Daimler group, helps businesses in the travel industry streamline transactions.

Client
BloXmove, Ireland
Industries
Blockchain, FinTech
What we did
Feasibility analysis and development of the primary smart contract, which helped the client's team to test and integrate the smart contract into their solution.
Team
3 people
BloXmove investor portal on a laptop, a liquidity rewards page asking the user to connect a wallet

Who is the client behind BloXmove?

BloXmove was originally incubated within the Daimler group, and its founding team also participated in the Outlier Ventures acceleration program. It helps businesses in the travel industry streamline transactions. Its decentralized platform reduces costs of verifying, accounting for and exchanging information and lets companies offer customers rewards through points, miles or discounts.

bloxmove.com

What problem did BloXmove have?

BloXmove sought a solution that would maximize user profitability while reducing transaction fees. They needed a new smart contract that could automatically distribute investments, optimize fees, and transparently track profits.

What did CML Team build for BloXmove?

  • Multi-level smart contract that lets users earn by placing their tokens in third-party liquidity pools
  • Smart investment distribution: strategic logic that spreads user investments across numerous liquidity pools for maximum returns
  • Internal funding hub that minimizes transfer fees and optimizes network gas fees
  • Full transaction tracking
  • Transparent profit calculations and statistics
  • Fixed-term and open-ended investment terms
  • Feasibility analysis of the primary smart contract
  • Primary smart contract that helped the client's team to test and integrate it into their solution

What was the result for BloXmove?

This smart contract system has significantly boosted user earnings by optimizing liquidity pool placements while reducing gas fees by 30-70%. It gives users a smooth investment process and greater transparency for better decision-making and increased profitability. The system enhances profitability while minimizing transfer fees through an internal funding hub.

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