SnarkLabs

BACKGROUND

Please describe your company and position.

I am the Co-Founder & CPO of StellaSwap

Describe what your company does in a single sentence.

StellaSwap is decentralized finance gateway on Polkadot's Moonbeam blockchain.

It allows you to securely bridge in asset from 40+ chains, trade, and stake to earn rewards. StellaSwap has $2b commutative trade volume so far.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire SnarkLabs to accomplish?

• Develop secure smart contracts for 3 AMMs and Farming
• Front-end Application and Analytics
• Liquid Staking for DOT

SOLUTION

How did you find SnarkLabs?

• Online Search
• Referral

Why did you select SnarkLabs over others?

• High ratings
• Pricing fit our budget
• Good value for cost
• Referred to me

How many teammates from SnarkLabs were assigned to this project?

6-10 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

The scope of work for StellaSwap involves the development, enhancement, and deployment of several critical features for our decentralized exchange (DEX).

Key Deliverables:

1) Smart Contracts for 3 AMMs and Farming

Develop smart contracts that covers 3 types of Automated Market makers, Standard xy=k, Stable ( similar to Curve.fi) and Concentrated Liquidity ( similar to UniV3). Along with that we needed to develop our off-chain rewarding mechanism that reward's users every 1 hour.

2) Front-end Application and Analytics

We needed robust and optimized front-end on Next.js that has integrated 3 AMMs and our Rewarder contracts. Along with that we needed subgraphs to index on-chain data to display public analytics such as daily trade volume, TVL across our pools and assets.

3) Liquid Staking for DOT

Build liquid staking token for Polkadot's staking that accepts DOT as collateral and mints stDOT. The DOT is then nominated to validators on Polkadot and earns staking rewards. This provides derivative token to user's staking position which they can further stake into our Liquidity Pools and earn additional rewards.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

Main measurable outcome was no critical vulnerabilities were found during our smart contract audits.

Along with that, the front-end had fast loading time and passed our QA and Beta test.

The project saw great increase in traction with trade volume so far reaching 2 billion USD.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

The project management was based on agile methodology. The sprint cycle ran for 2 weeks with daily check-ins. Along with that we got weekly report on the tasks.

The scope defined in sprint was delivered on time, with very rare exceptions of front-end items continuing in next sprint based on our feedback on enhancements.

They understood our requirements very well and it was very easy to communicate with them. All new requirements were added to backlog and added to sprint with our consensus during sprint planning meeting.

What was your primary form of communication with SnarkLabs?

• In-Person Meeting
• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

The most impressive and unique thing about SnarkLabs was their grasp on DeFI technology, they understood all the requirements very well and had prior experience of working with a DEX. It is very easy to communicate our requirements, and they know exactly what we need and sometimes go beyond and offer suggestions that are valuable to our product.

Are there any areas for improvement or something SnarkLabs could have done differently?

SnarkLabs has done a fantastic job, but like any great team, there’s always room to grow. One area where I think they can grow is adding UI/UX services to their offering so that we don’t have rely on other teams and reduce the friction of mockup changes because they’re based on how smart contracts are developed.

BACKGROUND

Please describe your company and position.

I am the Core Contributor of Zayn

Describe what your company does in a single sentence.

Built decentralized finance applications for the next billion users

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire SnarkLabs to accomplish?

• Develop secure and efficient smart contracts for liquidity provisioning and farming.
• Build an optimized front-end application integrated with analytics.

SOLUTION

How did you find SnarkLabs?

Referral

Why did you select SnarkLabs over others?

• High ratings
• Pricing fit our budget
• Great culture fit
• Good value for cost
• Referred to me
• Company values aligned

How many teammates from SnarkLabs were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

The scope of work for ZaynFi focused exclusively on developing and deploying a robust DEX Liquidity Provisioning protocol.

Key Deliverables:

#1) Smart Contracts for Liquidity Provisioning and Farming:

SnarkLabs developed smart contracts to support advanced liquidity provisioning, including mechanisms akin to Uniswap V3’s concentrated liquidity, along with an off-chain rewards mechanism distributing rewards every hour.

#2) Front-end Application and Analytics:

They delivered a highly optimized front-end application built on Next.js, fully integrated with the liquidity provisioning contracts. They also developed subgraphs to index on-chain data, enabling real-time analytics for metrics like daily trade volume, TVL, and pool performance.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

• No critical vulnerabilities were detected during the auditing of the smart contracts.
• The front-end achieved exceptional performance benchmarks, including fast loading times and a seamless user experience, and passed QA and beta testing.
• ZaynFi experienced strong user adoption, with growing activity in liquidity provisioning and trading volumes.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

SnarkLabs employed an agile project management approach with two-week sprint cycles, daily check-ins, and weekly reports. Deliverables were consistently completed on time, with minor delays only occurring when additional feedback or enhancements were required. Their team was highly responsive and adept at integrating new requirements into the development pipeline, ensuring a smooth collaboration.

What was your primary form of communication with SnarkLabs?

• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

SnarkLabs’ deep expertise in DeFi technologies is highly impressive. They demonstrated a strong understanding of our requirements, contributed valuable suggestions, and executed with precision. Their ability to innovate and deliver exceeded our expectations, making them a key partner in developing ZaynFi’s DEX Liquidity Provisioning protocol.

Are there any areas for improvement or something SnarkLabs could have done differently?

SnarkLabs performed exceptionally well overall. However, expanding their offerings to include UI/UX research services would reduce our reliance on external teams and streamline the development process further.

BACKGROUND

Introduce your business and what you do there.

I’m the director of Nawa Finance, an ethical and Shariah-compliant DeFi protocol offering auto-compounding vaults and liquid staking for Bitcoin assets on the Core Chain.

OPPORTUNITY / CHALLENGE

What challenge were you trying to address with SnarkLabs?

We needed help developing an end-to-end DeFi protocol — from audited smart contracts to UI, backend, and wallet integrations.

SOLUTION

What was the scope of their involvement?

SnarkLabs was responsible for the end-to-end development of Nawa Finance, our ethical & Shariah-compliant DeFi platform. Their work spanned the full product lifecycle:

• Architecture & Security: Defined system architecture, security model, and blockchain infrastructure.
• Smart Contracts: Designed and deployed secure, gas-optimized Solidity contracts for trading, staking, governance, and fee distribution, with full unit and integration tests using Hardhat.
• Frontend: Built a responsive DeFi UI with React and Tailwind CSS, integrating wallets (MetaMask, WalletConnect, Coinbase Wallet).
• Backend: Developed a scalable Node.js + PostgreSQL backend, plus REST APIs for order execution, transaction tracking, analytics, and system monitoring.
• Deliverables: Fully audited smart contract suite, complete frontend with Web3 wallet support, backend + APIs, technical documentation, and post-launch support.

What is the team composition?

We worked with five teammates from SnarkLabs.

How did you come to work with SnarkLabs?

 We were referred to them and chose SnarkLabs because they had deeper DeFi protocol experience than other teams we evaluated.

How much have you invested with them?

We spent $55,000 on the engagement.

What is the status of this engagement?

We worked together from February – March 2025.

RESULTS & FEEDBACK

What evidence can you share that demonstrates the impact of the engagement?

We built Nawa Finance from scratch — from architecture, development, and audits with SnarkLabs to mainnet launch. We’ve already surpassed $11.27 million in total value locked (TVL) across our auto-compounding vaults and liquid staking products. It only took two months to reach that TVL.

How did SnarkLabs perform from a project management standpoint?

SnarkLabs delivere on time. We primarily communicated through emails, Slack, and Google Meet.

What did you find most impressive about them?

SnarkLabs’ knowledge of DeFi protocols and how DEX works was impressive.

Are there any areas they could improve?

No, there weren’t any.