Introduction

Project Zero, initiated in 2022 within the Nexera Network, focuses on resolving challenges related to blockchain data extraction. It supports dApps like Nexera Exchange and Nuant with its Data Lake, Query Engine, and Indexer products. The project’s mission is to simplify blockchain data extraction, allowing organizations to focus on core problems without dealing with infrastructure complexities.

Relationship with Nexera Ecosystem

Project Zero serves as the data infrastructure for Nexera Exchange, providing enhanced performance, user experience, and cost reductions. It addresses data extraction issues, enabling Nexera Exchange to handle blockchain data efficiently and effectively.

Proposal to the DAO

This proposal seeks a budget approval to extend Project Zero’s support to all Nexera products and the ecosystem. Key features include:

• Reliable data extraction and streaming.
• High-performance data endpoints for analytics.
• Multi-chain platform support.
• Managed indexers and subgraphs for real-time data synchronization.

Motivations & Reasoning

Streamlining efforts in developing new products will benefit Nexera by reducing costs and enhancing capabilities. Project Zero’s infrastructure will support various Nexera products, cutting costs by over 70% and providing more analytics and transparency.

Scope of Work

Includes data compaction, new blockchain support, AI-driven data transformation, and development of a faster query engine. Milestones are set for H2 2024, focusing on expanding blockchain support and developing advanced analytics tools.

Budget

A 5 million $NXRA token request will cover development, infrastructure expansion, and operational costs. This investment is expected to be recovered within 5-6 months through cost savings and increased efficiency.

Nexera Community Benefits

• 5% of generated profit will go to NexeraDAO’s treasury.
• Exclusive early-stage funding access and profit-sharing for the Nexera community.
• Enhanced internal development and reduced costs.

Conclusion

With this proposal, Project Zero aims to be the cornerstone of blockchain data infrastructure for the Nexera ecosystem, driving growth and innovation while providing significant benefits to the community.

Voting

YES: In favor of investing 5M $NXRA tokens in Project Zero NO: Against investing 5M $NXRA tokens in Project Zero

For a detailed overview and to join the discussion, please refer to the full proposal on Commonwealth (link below)