DeFi-Native Affiliate Platform based on account abstraction

Username

Ayro

Grant Description

Fervid is a Lego for referral programs in Web3 using account abstraction The B2B platform consists of 20+ modules and ready-made solutions individually assembled for each protocol based on their model, tokenomics and marketing strategy. Eliminating smart contract risk

Fervid opens 100+ use cases for DeFi adoption. Some of them are: 1) First three transactions are free for new users 2) 50% Discount on protocol commission 3) Earn 30% from friends' Trading Fees, etc.

Overview

Fervid is the Pivot from the DeFi protocol. Building in DeFi for 2 years, we were integrated with other protocols and saw how things work from the inside.

We started making a Fervid for several reasons:

1. Web3 Marketing Sucks No one really knows their CAC and how to consistently attract and retain users. Protocols use shitposting in Twitter, discord poker events, “closed” communities, but not tools whose data can be tracked. Paid promos do not work at all.

2. Current Solutions Sucks Web3 referral platforms are non-specific. They do everything for everyone with 5-6 use cases. The main problem is that each DeFi protocol has its own code, flow, token model and mechanics. Template solutions do not work.

Value to Synthetix

Mass Adoption of SNX for new users using Account Abstraction & Affiliates

Project Implementation Plan

MVP Development

Additional Information

https://docsend.com/view/zkijybn7dt5ztxk9

Funding Request

$5,000