Introducing Propel DaaS, the Lego of DeFi Space

No Dearth of Ideas, But Resources Short in Supply

Many innovative project ideas continue to pop their heads up on a regular basis, as the cryptocurrency and tech communities actively find new applications of blockchain technology. A lot of these project ideas are based on solid fundamentals with a diverse list of applications that could potentially take the market by storm. However, most of them never see the light of the day as it takes a lot of time, skills, and effort to turn it into reality. As everyone tries to build the next big DeFi project that can rake in millions, they are strapped for resources, and even if they have it all, the right team of developers at the right price is hard to come by. Not to mention the time it takes to build the entire project from scratch.

DeFi-as-a-Service to the Rescue

DeFi-as-a-Service (DaaS) is a new breed of solutions to speed up the development and launch of DeFi applications by providing all the necessary tools and building blocks. Developers can make use of these readymade, modular, plug-and-play utilities to create the desired decentralized application on any supported blockchain instead of writing the code for the entire project from scratch.

Propel as a World Class Blockchain Infrastructure Provider

Propel is an all-in-one blockchain infrastructure provider whose offerings include DeFi-as-a-Service, Metaverse-as-a-Service, and Staking-as-a-Service. The solutions offered by Propel can be used to create an entire DeFi ecosystem on multiple blockchains in no time.

Investor Dashboard

Created as an intuitive, user-friendly solution, the Propel Investor Dashboard allows project owners and investors to manage the tokens. Using the Investor Dashboard, project owners can organize token sale rounds, manage vesting schedules, transactions. The Investor Dashboard module acts as Mission Control for the DeFi projects tokenomics, with real-time data which can be used for understanding, forecasting and planning the objects without manual intervention.

Vesting Contract

Vesting Contracts play an important role in the fundraising process. It enables the tokens distributed as part of the seed, private and public rounds to be unlocked in a phased manner to ensure their efficient utilization. It also prevents token holders from dumping the tokens within a short time, thereby preserving the token valuation.

Multisig Wallet

Propel’s white-labelled crypto wallet solution with multi-sig capabilities enables projects to create and offer the necessary infrastructure for users to hold, receive and send tokens. The wallet solution also supports ready integration with other existing DeFi, DEX and payment apps so that users can directly access them without having to exit the wallet.

Cross-chain Bridge

An important DeFi solution, a cross-chain bridge offers the capability of interoperability across different blockchain protocols. The white-labelled cross-chain bridge solution provided by Propel supports multiple layer 1 and layer 2 blockchains including Ethereum, Polygon, Binance Smart Chain, xDAI, and more.

Staking Contract

A basic operation on any DeFi project, token staking enables users to lock their tokens and earn rewards. By encouraging users to hold the tokens through staking, DeFi projects will be able to regulate the token supply in the market and also secure liquidity. Staking contracts are responsible for monitoring the staking program and issuing rewards to the participants. Propel’s plug-and-play staking contracts module allows projects to create custom staking contracts with desired reward pay-outs, pay-out frequency, and other parameters.

Yield Farming/LP Staking

Yield Farming/LP Staking contracts are a logical extension of regular staking contracts as it offers additional incentives to the community while assuring their participation in staking. Propel’s Yield Farming /LP Staking contracts are designed for quick customization and rapid deployment. Users can deploy the LP Staking Contract on AMMs like Uniswap, SushiSwap, and PancakeSwap in just a few clicks.

Lottery Contracts

Lottery smart contracts and decentralized random number generators (using Chainlink VRF) can be used to create incentive mechanisms for network participants, gambling dApps, and more, including No-Loss Lottery offerings.

Anti-Dumpster

The Anti Token Dumper module enables the sustained distribution of tokens over longer durations in a phased manner. By enabling projects to avoid the sudden influx of tokens into the market, the Anti-Dumpster module on Propel helps projects prevent token dumps and sudden price drops in the token market. The parameters of the Anti-Dumpster module can be customized based on the requirements.

NFT Minter and Token Creation

NFTs are the hot topic of the season. With Propel NFT Minter, anyone can mint their own NFTs using popular standards like ERC721, ERC1155, and ERC3712. The module also supports the creation of ERC20 and ERC2612 tokens with mint, burn, and other customizable options.

Custom Solutions

As an all-in-one, DaaS provider, Propel also offers custom solutions that are tailormade to fit the requirements of innovative crypto projects. By availing of Propel’s custom solutions, users can rest easy and enjoy the reliable, secure, and flexible offerings that meet the desired requirements.

Auditing Services

Apart from getting its own offerings audited by industry-leading cybersecurity firms, Propel also extends the service to other projects. Propel leverages its collaborations with reputed smart contracts auditing services to offer their services at subsidized prices and better timelines.

Propel Token Sale

As a provider of blockchain infrastructure for DeFi projects Propel incorporates a lot of DeFi features in its own operations. The platform is powered by its native $PEL utility token which acts as a medium of value exchange within the Propel ecosystem. It also plays a role in the governance, where $PEL holders can take part in community voting on various operational decisions.

About Propel

Propel is a global blockchain infrastructure solutions platform that offers end-to-end plug-and-play infrastructure solutions to DeFi, NFT, and Metaverse projects. Propel’s solutions are available for multiple blockchain ecosystems and include multichain capabilities.

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Propel

Propel

MaaS(Metaverse as a Service) & DaaS (DeFi as a Service) Infrastructure Provider