# 06/12_03_2023

**Published by:** [Bichop](https://paragraph.com/@bichop/)
**Published on:** 2023-03-12
**URL:** https://paragraph.com/@bichop/06-12-03-2023

## Content

CopydexI want to make Copydex look more legit and user friendly by adding local user interface. This interface will keep track of trader/user trades, session profits, overall profits, errors. I think it’s a good idea in order to prepare for V2 of GMX contracts. GMX V2 : seems to be related to synthetix, but they are not using their proxies, strange. They seems to be developing aggregated liquidity to reduce non-usage of liquidity.My gross understanding of how it worksSadly I think this implementation will change how contracts works, so I will need to rewrite the code for that. This is why adding a dashboard using values of the bot will help me isolate and model a more abstract structure that can be used as a base for the next update and also for more platforms to integrate.CopyDex LeaderboardThe leaderboard is a huge part of copydex in my opinion, getting a good understanding of the trader’s strategy and way of trading is the key. So I will upgrade the existing website to add more data and insights. Features :Analyzing whether each trade was positive at some point, and whether the trader was positive/negative after their trade. The trader executed 20 trades, and was above 10% on 15 trades, above 0% on 2 trades, and below 0% on 3 trades (ie. the capacity of the trader to identify (mini) dips). This requires a significant data analysis. Question: What timeframe ? based on Moving Average ?I’ll be using gmx.house data to retrieve the data needed.CopyDex DashboardMoralis The API they provide is quite large and is separated in four groups :Authentification (Metamask only)NFT (All data related to NFTs)Wallet/transactionsStreams (live transactions and contract interactions)Today I dreamed with anxiety that my bot made 600k overnight, I felt the pressure to gain money for the first time. Because of various conditions I will need to make money soon, I can’t do otherwise. This is the first time I felt any form of need to work, the sort of need that wake you up at 7am and makes you go to work directly. I want to call that an obsession. And I know that it’s what I was lacking to make great things. I hope that this obsession will stay with me to help me create great things.Alchemy - CreateWeb3DappAlchemy released a npm package containing templates and components to easily create dapp. There is only a NFT explorer available as a template for the moment but there is more to come. Deploying the template only took 1 minute, and can be a good base to start a new project.Perpy financeI don’t know why I thought it was called lancelot. It’s a copy trading platform on GMX. Every data is available : how many people is following, how much money is in for copy, the performance of the trader (7 days), I think my solution is better. First, traders have to put a performance fee ranging between 10 to 50%, the min is 10%… Then the platform takes 20% of this performance fee… And more fees if you want to withdraw, from 0.3% to 5%… They want to go on multiple platforms like me. I think my way of going is better, maybe not very ethical because traders are copied without consent, and I don’t want to put enormous fees like this. I’m going to work a lot more on the bot and big things are coming, it will be great. See you NW.

## Publication Information

- [Bichop](https://paragraph.com/@bichop/): Publication homepage
- [All Posts](https://paragraph.com/@bichop/): More posts from this publication
- [RSS Feed](https://api.paragraph.com/blogs/rss/@bichop): Subscribe to updates