🥇GOLD PRIZE!
We have done it!
We have won the first 'BNB Incubation Alliance' Event.
Congrats to the other winners:
@blackwing_fi
&
@PaymanAI
A big shoutout to our founder
@OfirEliasi
, who led us on the field at the event and off the field working on the product. Cheers to
🎉 Congrats to
@PaymanAI
,
@BalloonDogsNet
, &
@blackwing_fi
for winning the first BNB Incubation Alliance event and being accepted into the MVB Accelerator Program!
Learn more below and join us at the next BIA event during
#Bitcoin
2024 in Nashville! 🇺🇸
Maximizing DeFi Potential with BalloonDogs: First Demo Example
[BalloonDogs is a DeFi abstraction layer that integrates account abstraction & user intents for the best UX & DeFi outcomes]
13 🧵
👇
Hackathons are the best way to connect with top builders!
Our founder
@OfirEliasi
joined forces with Microsoft to share insights on:
• Real-world blockchain use cases
• The history of DeFi
• The future of financial infrastructure & commerce
People shouldn’t need to know which blockchain they’re on.
My mom doesn’t visit a website and say, “Wow, MongoDB!”
Chains will be abstracted away, and the best DeFi use cases will win over everyday users
Tighten your seat belts and mark your calendars!
Join us at
@EthCC
, Brussels.
Event Details:
Topic: ‘Reimagining WEB3 UX: 2030 and Beyond’
Day, Date & Time: Tuesday, July 9 (6:00 PM - 11:00 PM GMT+2)
Venue: Brussels
Meet our founder Ofir Eliasi (
@OfirEliasi
) along with
"You will unite or you will fall. You cannot stand against the might of Sauron alone. Few can foresee whither their road will lead them, till they come to its end.”
The Fellowship of the OneBalance is growing even further.
This week we are excited to welcome:
@BalloonDogsNet
Here’s how BalloonDogs simplifies complex DeFi:
1. Set your goal: Borrow 100 USDT and stake it.
2. We do the rest—swap, borrow, stake—across chains and protocols.
3. One click. One transaction. Done.
DeFi made simple.
Welcome to BalloonDogs!
Here decentralized finance meets empowerment! With ERC-4337 Account abstraction, we're revolutionizing the way you fulfill your crypto intents.
Say Goodbye to centralized control and hello to autonomy.
#DeFi
#BalloonDogs
#Web3
Simplifying DeFi:
• One-click access
• Effortless wallet sign-up
• State your goal, not the process (Intents)
• Borderless access (no need to know the blockchain)
"Where does all that gas fee money go?"
We're simplifying DeFi interactions so you don't have to worry about high unpredictable fees.
Streamline your DeFi experience with BalloonDogs and remove the unpredictability from DeFi.
Third-party solvers should work for users, not against them. By eliminating MEV incentives, we open doors to more positive and straightforward solutions.
Join us in this revolution! 🫂🎊
#Crypto
#MEVFree
#BalloonDogs
GM Georgia!
Don't miss our CEO
@OfirEliasi
talk on the power of intents within DeFi 🔥
Learn how expressing your goals, not technical steps, can streamline your blockchain experience ⏩
See you there! 🤗
🌐 Adopting Intents can be challenging, but advanced
#smartcontracts
and user-friendly interfaces make it possible.
Let's embrace this shift for a better blockchain experience!
#Blockchain
#DeFi
#BalloonDogs
Making crypto simple is the key to mass adoption.
Here are 3 breakthroughs that will bring a billion users:
1. Intents – Users set their goal, and the system handles the steps. One-click DeFi made easy.
2. Account Abstraction – No more seed phrases. Smarter, safer wallets for
Dynamic Delegation with
#BalloonDogs
!
Our decentralized approach ensures your crypto intents are fulfilled securely and efficiently.
No more trust assumptions, just user-centric solutions. Join the revolution today!
#Decentralized
#BalloonDogs
#Crypto
🌐
#BalloonDogs
was born to bridge the gap in DeFi intents. We found existing standards lacking, riddled with Web2 relics that undermine decentralization.
Ready to redefine DeFi with us?
#DeFi
#Web3
Intents turn financial goals into DeFi actions
Why speak in code when you can just say what you want?
At BalloonDogs, we’re bringing human communication to the blockchain.
11/
1️⃣ Withdrawal
First, BalloonDogs executes a withdrawal to get $DAI back from Aave, by burning $aDAI tokens in SCW
2️⃣ Swap
The withdrawn $DAI is swapped to $LINK using the Uniswap pool which was the best available route at the time of execution in terms of cost
more
👇
Took Off! Are you ready Web3 fam?
Our team: Ofir Eliasi (
@OfirEliasi
) & Har Preet (
@singhhp1069
) are on their way to Brussels for ETH CC (
@EthCC
)
Get ready for a week filled with insights & exciting events.
Please stay connected with us for exciting updates!
#ETHCC
BalloonDogs simplifies DeFi by letting users express goals naturally 🐕
This unlocks the power of intents in Web3 never seen before 🔓
No more complications, just results 🔥
Intents are simply users' goals—not detailed instructions.
At BalloonDogs, we're combining Intents with Account Abstraction to revolutionize DeFi.
The result?
A system that understands what you want, not just what you command.
Smarter. Simpler. More powerful.
6/
Upon receiving the first intent, the DeFi Abstraction Layer interprets the state change (s1 → s2) & provides specific instructions to the Smart Contract Wallet (SCW).
These instructions include:
1️⃣ Swap
2️⃣ Supply
Details of instructions are provided below
👇
8/
2️⃣ Supply:
Once the swap is complete, the transaction logic proceeds to supply the $DAI tokens to Aave
Upon completion of the supply process, users receive $aDAI tokens, enabling them to earn interest on the supplied assets
👇
7/
1️⃣ Swap:
Intent specified $DAI supply.
These token requirements are either specified by platforms or driven by users seeking higher APYs
In this example, SCW interacts with Uniswap pool to swap $LINK for $DAI
👇
10/
The second intent consists of withdrawing $DAI from Aave to $LINK
Upon receiving intent, the DeFi Abstraction Layer interprets state change (s2→ s1) & provides specific instructions to SCW
These instructions include:
1️⃣ Withdrawal
2️⃣ Supply
Details
👇
5/
First Intent definition:
s1 → s2
Supply $DAI to Aave with available $LINK
Second Intent definition:
s2 → s1
Withdraw $DAI from Aave to $LINK
Now, as we have defined our intents, Let's see how the DeFi Abstraction Layer achieves them by following optimal paths
👇
1/
To show how BalloonDogs solves DeFi complexity & improves UX, we’ll use a simple example of two-way interaction with Aave protocol: Supply & Withdrawal
Both interactions will be structured from same states but in opposite directions
Let's define those states first
👇
13/
Protocol level abstraction: Seamlessly combine deposits & withdrawals from multiple protocols into a single execution stream
Chain level abstraction: Multiple chains with sources in a single execution stream
UX & cost-related issues are seamlessly resolved
👇
Want to swap $USDC for $ETH on an AMM? 🔁
With our
#intent
-based system, forget about gas limits, approvals,
#slippage
, and all that noise. Just tell us what you want to achieve, and we'll handle the rest seamlessly behind the scenes.
We're excited to announce our schedule for
#ETHCC
(
@EthCCweek
&
@EthCC
) in Brussels! 🚀
If you're attending, do not forget to meet our team members
@OfirEliasi
&
@singhhp1069
at these events.
Let's connect and collaborate!
Details ↓
12/
On the second intent, approval is required only for the swap
This completes the second intent & first demo of BalloonDogs DeFi abstraction layer
Going forward, BalloonDogs envisions a future where
👇