Hello community,
With great pleasure, we have been the recipient of a $15,000 grant from the Covalent team! This is a great validation of our product, confirming that we are on the right track!
Can you explain the product?
Mozaic: AI-based Yield Management | Mozaic goes beyond simply offering automatic yield farming. Founded by a seasoned team, the project prioritizes user empowerment by putting AI tools in the hands of everyday DeFi participants. Their AI-powered technology automates yield farming strategies, eliminating the complexities often associated with this aspect of DeFi and provides superior returns to web3 investors.
What Covalent does to power our project today
Web3 development can be hindered by fragmented data and intricate blockchain schemas. Covalent Network tackles this challenge by offering the GoldRush API, a solution featuring structured data, standardized schemas, and seamless chain switching. This empowers developers to focus on application building and user experience, rather than wrestling with data inconsistencies.
Synergy for AI-Enabled DeFi Investment | The Mozaic and Covalent partnership creates a powerful synergy. Mozaic's AI leverages Covalent's clean and accessible web3 data to make informed yield farming decisions. This translates to a more streamlined and potentially more profitable DeFi experience for Mozaic users. Additionally, Covalent's robust data infrastructure ensures the ongoing reliability and effectiveness of Mozaic's AI algorithms.
Mozaic's user-friendly interface and Covalent's simplified data access empower everyday users to participate in DeFi without requiring extensive technical expertise.
Covalent's long-term data availability ensures Mozaic's AI models operate on a foundation of secure and trustworthy historical data.
By removing data hurdles, Covalent allows Mozaic to prioritize user-centric application design, leading to a more intuitive and enjoyable DeFi experience.
How this grant will help further Mozaic Finance
With this grant, we will enhance our features, including insight analytics based on user transactions, offering accurate historical token prices, positions and historical granular transaction data from dozens of blockchain networks. This funding will empower our engineering efforts, enabling us to extend support to additional chains like Berachain, Zksync, Mantle and Monad providing our DAO with enhanced analytics capabilities & reliable data availability for trustworthy historical data. Furthermore, we aim to onboard a larger user base to our platform, leveraging this grant efficiently helps us manage increased user requests.
