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applications/SilentBase.md

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+# Silent Base Project Grant Proposal
+
+- **Team Name:** Silent Base Team
+- **Payment Details:**
+  - **USDC (Ethereum):** 0x6cB895e802E59d90A445B573307509Ea334189Cf
+- **Level:** 1
+
+## Project Overview :page_facing_up:
+
+### Overview
+
+- **Silent Base** is a decentralized orderbook protocol on Ethereum Layer 2.  
+- The platform offers staking, an invite-to-earn program, and a bridge for cross-chain asset transfers.
+- Our project is designed to enhance the scalability and usability of decentralized finance (DeFi) on Layer 2 Ethereum solutions like Base, Arbitrum, or Optimism.
+
+### Project Details
+
+We plan to implement the following:
+
+- **Decentralized Orderbook**: A core order matching engine with UI components for users to place and track their orders.
+- **Cross-chain Bridge**: A secure bridge to facilitate asset transfers between Ethereum and other Layer 2 solutions.
+- **Staking and Rewards System**: An on-chain staking mechanism that offers users rewards for participating in the platform.
+
+We will use the following technology stack:
+- **Smart Contracts**: Solidity-based contracts on Ethereum Layer 2
+- **Frontend**: React with Web3 integrations
+- **Backend**: Node.js for off-chain services such as notifications and analytics
+
+### Screenshots and Previews
+
+1. ![Orderbook Engine Screenshot](https://docs.silentbase.xyz/~gitbook/image?url=https%3A%2F%2F2216137726-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F00KsKzPk6Db4O2MojYyF%252Fuploads%252FyrUs2fEu378M1Kdm2mOi%252Fimage.gif%3Falt%3Dmedia%26token%3D08ae1051-78f8-4daa-b5f2-8034520f23f0&width=768&dpr=1&quality=100&sign=21ac21cd&sv=1)
+
+2. ![Cross-chain Bridge MVP](https://docs.silentbase.xyz/~gitbook/image?url=https%3A%2F%2F2216137726-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F00KsKzPk6Db4O2MojYyF%252Fuploads%252F7wj0U8F3pCRCVIT9oc4Y%252Fimage%2520%281%29.gif%3Falt%3Dmedia%26token%3Da5a8fdd8-f48a-4f58-91d4-04a6f06c565c&width=768&dpr=1&quality=100&sign=2dc4b46b&sv=1)
+
+3. ![Website Mockup](https://docs.silentbase.xyz/~gitbook/image?url=https%3A%2F%2F2216137726-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252F00KsKzPk6Db4O2MojYyF%252Fuploads%252FBamYKHgWGGump91QWjoP%252Fwebsite-mockup-66bf4a9931ed186fc7bb3fc4-%25402x.webp%3Falt%3Dmedia%26token%3D1c53a011-f1e8-4c5a-a0df-c1d6f5355128&width=768&dpr=1&quality=100&sign=b82bf914&sv=1)
+
+**Registered Address:** Not present in the document.
+
+### Ecosystem Fit
+
+- Silent Base operates within the **Ethereum Layer 2** ecosystem, helping solve high transaction fees and slow speeds.
+- **Target Audience**: DeFi users, DApp developers, and users of decentralized trading platforms.
+- **Unique Proposition**: Unlike other decentralized exchanges (DEXs), Silent Base focuses on scalability using Layer 2 solutions and an advanced cross-chain bridge.
+
+## Team :busts_in_silhouette:
+
+### Team member
+- **Team Lead & Developer**: Kelvin Yuli Andrian ([linkedin](https://linkedin.com/in/kelvinzer0))
+
+### Contact
+- **Contact Name:** Kelvin Yuli Andrian
+- **Contact Email:** info@silentbase.xyz
+- **Website**: [silentbase.xyz](https://silentbase.xyz)
+
+### Team's experience
+
+Our team has experience building smart contracts, Layer 2 solutions, and other DeFi projects.
+
+### Team Code Repos
+
+- https://github.com/SilentBaseXYZ
+- https://github.com/kelvinzer0
+
+## Development Status :open_book:
+
+- **Research**: We have explored different Layer 2 solutions and bridges.
+- **Prototypes**: We have a working prototype of the decentralized orderbook engine.
+
+## Development Roadmap :nut_and_bolt:
+
+### Overview
+
+- **Estimated Duration:** 3 month
+- **FTE:**  2
+- **Total Costs:** 9,000 USDC
+
+
+### Milestone 1 — Core functionality
+
+| Number | Deliverable | Specification |
+| -----: | ----------- | ------------- |
+| **0a.** | License | MIT |
+| **0b.** | Documentation | Inline documentation and a basic tutorial on interacting with the orderbook and staking. |
+| **0c.** | Testing Guide | Comprehensive unit tests with instructions on running them. |
+| **0d.** | Docker | A Dockerfile for local deployment of the platform. |
+| 1. | Orderbook Engine | A working order matching engine with basic frontend. |
+| 2. | Cross-chain Bridge MVP | Basic bridge for transferring assets between Ethereum and one Layer 2 chain. |
+
+### Milestone 2 — Additional features
+
+| Number | Deliverable | Specification |
+| -----: | ----------- | ------------- |
+| **1.** | Staking System | A staking contract with reward distribution. |
+| 2. | Improved Bridge | Expanded cross-chain compatibility. |
+
+## Future Plans
+
+- We aim to continuously improve Silent Base by adding more Layer 2 chains and refining the staking system.
+- We plan to integrate further with Ethereum Layer 2 solutions to scale our decentralized exchange operations.
+
+## Additional Information :heavy_plus_sign:
+
+**How did you hear about the Grants Program?** Community discussions.