[1IP-52] Ladder trading via the 1inch limit order protocol

Title

Ladder is a crypto trading bot that automates the strategy of incremental buying or selling of a crypto asset (rather than opting for a single price).

Simple Summary

We will want to add support for 1inch limit orders to Ladder.

Abstract

Trading crypto is a game of dealing with harsh volatility and the uncertainties of timing the market. Most traders get it wrong. Throw in human emotions and all you get is anxiety rather than profits.

Ladder trading is a strategy to minimize the risks and reap greater rewards. The ladder software automates the strategy while removing human emotions.

At the time of this writing, Ladder supports mostly CEXes such as Coinbase and Bitstamp and Binance. We are planning on adding support for DEXes.

Motivation

We will want to add support for 1inch limit orders to Ladder. This will allow our users to trade on a DEX while bringing volume to the 1inch network.

Specification

Because Ladder is written in the Go programming language, we will release a Go implementation of the 1inch limit order protocol as a separate project/repo.

About Us

Ladder is developed by Stefan, a (Delphi and Rust and Go) developer and Ethereum consultant. In the past, Stefan worked for Macromedia and Adobe and 1Password. Stefan is the lead dev of a web3 implementation for the Delphi programming language. You can look at Stefan’s other projects here.

Funding Request

We believe we need 5 weeks to…

  1. implement the 1inch limit order protocol in the Go programming language.
  2. document the Go implementation and release it as a separate project/repo.
  3. integrate the 1inch limit order protocol with the Ladder crypto trading software.
  4. write a nice medium article that explains how to set Ladder up with 1inch.

We are asking for $10.000 in $1INCH tokens.

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Thank you for this proposal Stefan, could you share your Ethereum wallet address, since this proposal has passed TEMP-CHECK, having your address will enable me to go ahead and upload the proposal to Snapshot.

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0x89c769e87b896EAD61933f6e031bEaa85987D95c

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