GROWTH GRANT APPLICATION – Srd.Exchange – TIER 4

#1

My name is Aryan & I’m Building srd.exchange :rocket:

I have read and understand the CONFLUX ECOSYSTEM GRANTS OVERVIEW, and determined that my proposal is best for the Growth Grants stream. YES

I understand that the Conflux Growth Grants are subject to a No Sale Rule, and I have read the terms of this rule. YES

I understand that I will be required to provide additional KYC information to the Conflux Foundation to receive this grant. YES

I understand that I will be required to follow public grant reporting requirements. YES

APPLICATION INTRODUCTION

Project Name: Srd.Exchange
Incorporated Startup: Yes
Website: https://srd.exchange
Project Socials:
Telegram: https://t.me/srdexchangeglobal
Twitter: https://x.com/srdexchange

Conflux eSpace Wallet Address: cfx:aajuvdyfcpc196sc580v4072w66yh2p3z6rtt3dvbm

Short Overview:
srd.exchange is a 1000x Leverage Gasless Derivative DEX solving the gas fee and low liquidity problem by allowing users to trade, invest, and pay using a multi-platform API-integrated gateway — all within one decentralized platform.

We are building a Fiat Payment Gateway for India :india:, enabling users to pay or receive directly in USDT or INR without intermediate their personal bank account, backed by decentralized architecture.

We are also integrating Conflux’s cUSDT (CFX-based stablecoin) and plan to list $CFX derivatives in the future.

TEAM

Founder & CEO: Aryan Dubey
Role: Founder, Product & Marketing Head

Experience: 6+ years in crypto trading, business development, and exchange marketing specialist in futures. Worked with 3 major crypto firms {including ApolloX Exchange (Now Aster)}. Specialized in low-budget exchange growth and community building.

X: https://x.com/SrdAryanDubey
LinkedIn: https://www.linkedin.com/in/srd-aryan-dubey-033861349
Mobile number : +916388911983

TOTAL BUDGET AND FUNDING TIER

Grant Tier: Tier 4
Grant Size: $100,000 USD (in CFX)
Justification:
Funds will be used to Develop Full Working Defi Fiat Payment Infrastructure in India like Qr Scan and Payment INR in Grocery Shop, Small, Restaurant etc.{(Now Available Enter UPI + Cash Deposit (CDM)} Also, Integration of cUSDT Use As Multi asset deposit Creating Fee discount only through cUSDT that increase Transaction & use case of stablecoins with cUSDT competing with USDT BEP-20.

We also need to create special Swap 1:1 of USDT TO cUSDT & vice versa to deposit in USDT on srd.exchange because cUSDT not available on Top Exchanges or High Fee issues but swap can help to people use USDT, but take conversion to cUSDT to trade their.

• Complete integration of cUSDT & CFX support Defi wallets on srd.exchange

• Add Conflux network support in the backend APIs.
• Conduct marketing campaigns to attract active traders to Conflux

• Gas station on $CFX Blockchain

• Build a Conflux Payment Gateway (India) allowing merchants to pay & accept cUSDT

• Adding $CFX to srd.exchange Dex (Low Fee Tradable)

PROJECT INFORMATION

Overview:
Srd.Exchange is a next-gen Decentralized Derivative Exchange (DEX) offering up to 1000x leverage, designed to eliminate the challenges of gas fees, low liquidity, and complex multi-chain trading ( Already Got Our 1000X leverage provider US licensed).

We combine multiple exchange APIs into one seamless dashboard, giving users the best prices and deepest liquidity across integrated partners.

• User Base:
Currently over 2,500+ active users using our decentralized Telegram-based trading gateway and growing community from India and Asia.

• User Growth:
Our value proposition is simplicity + speed — allowing anyone to trade crypto or make payments using decentralized gateways without needing KYC or complex blockchain knowledge & secure their Personal Bank account.

Market & Competitors:
Competitors: No-One because there is First initiative but P2P.me (Funded by Coinbase but only on BASE availability)
Competitive Edge: srd.exchange focuses on multi-exchange liquidity, Derivatives not spot, fiat payment integration, and India’s Web3 on-ramp — a market largely untapped.

• Technology:
Built using Node.js + Typescript + Java + Solidity (Gas Station) + smart contracts on BNB Chain (currently), now expanding to Conflux eSpace integration for faster and cheaper on-chain transactions using cUSDT and CFX.

• Traction:

$100,000+ transactions completed in First Month.
3000+ organic community members.
Ongoing website beta testing & Product Development

• Stage: Post-prototype, Early Revenue Stage/Pre Scale Stage

• Security: Smart contract audits will be done after integration with Conflux eSpace & For Fiat payment gateway 10+ Verified Merchant available.

• ECOSYSTEM FIT

  • Benefit to Conflux Ecosystem:
    Integrating srd.exchange with Conflux will bring real-world DeFi trading and payment utility to the ecosystem specially with stablecoins & Blockchain Transaction.

  • cUSDT integration ensures higher on-chain transaction volume.

  • Our Indian fiat gateway will attract new active wallets and traders to Conflux & their Defi wallets.

  • Future CFX derivative listings will increase CFX trading activity and visibility.

• Economic Benefit:
This grant will directly increase transactions, user adoption, and on-chain assets for Conflux & CFX Supporting Defi wallets.
Our plan to process thousands & thousands of fiat-to-cUSDT transactions monthly ensures long-term ecosystem growth.

• GROWTH PROPOSAL

  • Grant Plan:
  1. Integrate cUSDT (Conflux) for trading and payments for Fiat in India.
  2. Enable CFX Derivatives with up to max leverage.
  3. Launch Fiat Payment Gateway (India) supporting cUSDT and INR.
  4. Swap cUSDT to USDT BEP20 1:1
  5. Run campaigns for traders and merchants to use Conflux-powered payments & their DeFi wallets.
  6. Making Full Development srd.exchange.

• Target Users:

Indian crypto users (for fiat gateway) [250M+]
Global traders (for derivatives) [100M+ in India]
Web3 merchants (for accepting cUSDT payments)

OKRs (Objectives & Key Results):

  1. Integrate cUSDT and CFX trading pairs within 3 months.
  2. Onboard 5,000+ active users using Conflux transactions by Q2 2026.
  3. Process 100,000+ cUSDT payment transactions in the first 3-6 months.

• ROADMAP

  • Milestone 1: Integrate cUSDT and Conflux eSpace
    :stopwatch: Duration: 1 month
    :moneybag: Funding: $10,000

  • Milestone 2: Add cUSDT to USDT 1:1 Swap
    :stopwatch: Duration: 1 month
    :moneybag: Funding: $10,000

  • Milestone 3: Launch India Payment Gateway (cUSDT–INR) & Onboarding cUSDT Merchant for Backend Payment Gateway
    :stopwatch: Duration: 1 months
    :moneybag: Funding: $10,000

Milestone 4: Launch Derivatives & $CFX pair in Future
:stopwatch: Duration: 2 months
:moneybag: Funding: $25,000

Milestone 4: Launch Derivatives & $CFX pair in Future
:stopwatch: Duration: 2 months
:moneybag: Funding: $25,000

Milestone 5: Marketing, Campaigns, Growth & Trading Volume Reporting

:stopwatch: Duration: 1 months
:moneybag: Funding: $20,000

Total Requested: $100,000 USD (in CFX)

• MAINTENANCE CONSIDERATIONS :

After the grant period, srd.exchange will:

  • Continue incentivizing traders through fee discounts and referral rewards.
  • Maintain cUSDT liquidity Swap with USDT, and CFX pairs permanently for Futures.
  • Introduce premium features to ensure user retention for $CFX Supporters without ongoing incentives.

Users will remain active as srd.exchange provides real trading, payment, and merchant utility, not just grant-based rewards.

Thank you, Conflux Team! :pray:
We’re excited to build the bridge between DeFi trading and real-world payments using Conflux’s efficient blockchain technology.
Together, we aim to make srd.exchange the gateway of cUSDT and CFX usage in India and beyond.

Looking for forward for your response

#2

Dear Srd.Exchange Team,

Thank you for submitting your application for the Srd.Exchange integration grant. I will review it in detail and follow up with any questions. You can expect to hear back from us on a decision timeline within the coming month.

Thanks again for your interest and for contributing to the Conflux ecosystem.

Best regards,

Máté
Head of Grants | Conflux Network

1 Like
#3

Dear Mate,

Thank you for your kind response and for considering the Srd.Exchange grant application.

Our team truly appreciates the opportunity to collaborate with the Conflux Network. We’re excited to integrate cUSDT and expand the Conflux ecosystem by building derivative markets around CFX, along with our fiat payment gateway in India.

Please feel free to reach out if you need any additional documents, technical details, or clarifications — I’ll be happy to assist anytime.

Looking forward to your feedback and next steps.

Best regards,
Aryan Dubey
Founder – Srd.Exchange
:globe_with_meridians: Website: https://srd.exchange
:envelope_with_arrow: Telegram: @SrdFounder
:dove: X (Twitter): @SrdAryanDubey
:star: WhatsApp : +916388911983

#4

:hot_face::blush::smiley::grin::slightly_smiling_face::wink::wink::wink:

#5

Hello @Srdaryandubey ,

Thank you for the detailed proposal and for your interest in building on Conflux.

We appreciate the effort put into outlining your product vision, roadmap, and the potential integration of cUSDT and CFX into your platform.

Before we can proceed further, we would like to clarify a few important points and request some adjustments:

  1. Grant size & budget adjustment

For the Growth Grants stream, our current upper limit per project is USD 50,000 (paid in CFX).

Your current request of USD 100,000 therefore exceeds the maximum funding range.
If you would like to continue with the application, please:
• Re-scope the proposal to a maximum of USD 50,000, and
• Provide a revised milestone-based budget breakdown aligned with this amount.

This should include:
• clear deliverables per milestone, and
• the exact amount requested for each milestone.

  1. Technical & compliance clarifications

Given the nature of your project (derivatives trading + fiat on/off-ramp in India), we would appreciate clarification on the following:
1. Regulatory & compliance
• What licenses or regulatory approvals do you currently hold (if any) for:
• derivatives trading?
• fiat payment processing in India?
• Which entity will operate the fiat gateway?
• How do you plan to handle AML/KYC requirements, especially for INR :left_right_arrow: crypto flows?
2. Architecture
• How will the “gasless” trading mechanism work technically on Conflux eSpace?
• Will trades be settled fully on-chain on Conflux, or partially off-chain?
• How will the proposed USDT :left_right_arrow: cUSDT 1:1 swap mechanism be implemented and secured?
3. Liquidity & leverage
• Who is providing liquidity for derivatives?
• Who is the licensed leverage provider you mentioned?
4. Security
• Which smart contracts will be deployed on Conflux?
• Do you have a timeline and provider in mind for audits?
5. Team
• Are there additional technical team members beyond yourself?
• Please provide GitHub profiles for the developers working on the protocol.

  1. Missing elements vs. our grants template

To align with our standard evaluation framework, your updated proposal should also include:
• A clear problem statement specific to the Conflux ecosystem (not only general market problems).
• A structured technical proposal / architecture overview (can be a lightweight technical doc or GitHub README).
• Legal & licensing considerations section.
• Non-functional requirements (security, performance, reliability).
• More detailed team section (roles, responsibilities, GitHub).
• A single, clean milestone table (there is currently a duplicated Milestone 4).

Next steps

If you are interested in continuing:
1. Please submit a revised proposal with:
• total grant request ≤ USD 50,000,
• updated milestones & budget,
• answers to the questions above,
• and the missing technical / compliance sections.
2. Once updated, our grants committee will be able to perform a more complete technical and legal review.

We look forward to your clarification and the revised version.

Best regards,
Máté
Head of Grants
Conflux Network

#6

Thank you for your response regarding the CoinFlux ecosystem. We initially submitted our grant application in October 2025, and as of January 2026, a significant amount of progress has been achieved.

During this period, srd.exchange has demonstrated strong traction with zero-dollar marketing, alongside the formation of several strategic partnerships. One of our most important collaborations is with Particle.network, through which we have integrated advanced wallet infrastructure.

This integration enables users to onboard seamlessly using:

  • Mobile numbers
  • Email addresses
  • Social accounts
  • All EVM wallets via WalletConnect (WCT)

This approach ensures a frictionless, chain-agnostic onboarding experience and significantly improves user accessibility across Web2 and Web3.

2. Revised Grant Budget & Scope

Given the progress achieved since the original submission, we are comfortable adjusting our grant request to align with the maximum budget of USD 50,000.

  • Ecosystem fit, growth strategy, objectives, and key results (OKRs) remain unchanged
  • The roadmap has been refined to reflect our latest achievements
  • No reduction has been made to ecosystem impact, use cases, or growth commitments

3. Token Strategy Update: USDT0

Highlight:
Initially, our proposal included the integration of cUSDT within the Conflux ecosystem. However, based on recent market research and our existing use of USDT on BEP-20, we would like to propose integrating USDT-Zero on Conflux instead.

This change will:

  • Provide users with greater flexibility and choice in stablecoins
  • Encourage deeper exploration of the Conflux ecosystem
  • Improve cross-chain liquidity alignment with existing user behavior

4. Milestones & Budget Breakdown :-

Milestone 1 (Upfront)

Objective: Integrate USDT0 into the Conflux ecosystem and gasless transaction

  • Duration: 1 month
  • Funding: $5,000
    Notes:
    This milestone includes full USDT-Zero integration. If permitted by Conflux, USDT-Zero will be used in place of cUSDT to enhance asset diversity.

Milestone 2

Objective: Enable cross-chain Bridge/swaps using USDT0 on conflux and all swaps availability

  • Duration: 15–20 days
  • Funding: $5,000

Details:
Integration with Rango Exchange & swappi to allow seamless cross-chain swaps between USDT0 on $CFX and other supported networks also integrate $CFX

Milestone 3

Objective: QR Scan & Pay integration for stablecoins

  • Duration: 1–1.5 months
  • Funding: $10,000

Details:

  • Launch QR Scan & Pay functionality
  • Integrate USDT0/INR and USDT-BEP20/INR pairs
  • Deploy a merchant panel for seamless real-world transactions

Milestone 4

Objective: Multi Api - Futures trading launch & CFX futures integration

  • Duration: 1–2 months
  • Funding: $20,000

Details:
We will develop a multi-API decentralized trading system by integrating APIs from at least five exchanges that support open trade execution.
This will significantly enhance liquidity, price discovery, and futures trading capabilities on srd.exchange.

Milestone 5

Objective: AI-driven Social KYC integration

  • Duration: 20–25 days
  • Funding: $5,000

Details:

  • Introduce AI-based social KYC using platforms such as Twitter and LinkedIn
  • Strengthen INR on/off-ramp flows
  • Increase transaction limits and improve onboarding experience

Milestone 6

Objective: Real-world merchant experiments & targeted marketing

  • Duration: 1-3 Months As required
  • Funding: $5,000

Details:

  • Launch of Physical Fiat Gateway Device
  • Pilot integrations with physical merchants (shops, malls, local businesses)
  • Execute small-scale, high-impact marketing experiments
  • Drive user engagement, adoption, and transaction volume

5. Regulatory & Compliance Overview

Platform Structure

srd.exchange operates as a decentralized platform, reducing reliance on traditional regulatory licenses.

Fiat Gateway & KYC

  • Fiat usage is designed for low-volume, daily transactions
  • AI-driven social KYC replaces traditional documents (Aadhaar/PAN)
  • Ensures regulatory alignment while preserving user privacy
  • we are not first many like p2p.me do the same for USDC AND BASE ecosystem so, we can do better

Derivatives & API-Based Trading

  • Futures trading will occur via transparent API integrations with platforms such as aster or Hyperliquid
  • Trades remain visible and verifiable, requiring no direct custodial licensing

Merchant-Based Fiat On/Off-Ramp

  • Merchant model inspired by platforms like Uber with 2-3% Revenue for merchants as part time role
  • Small daily transactions (up to ~$100 per order)
  • Suitable for everyday payments without becoming a high-volume fiat exchange

6. Gasless Trading on Conflux eSpace

Technical Implementation

  • Leverage Particle.network Paymaster for gasless transactions
  • If unavailable, deploy custom smart contracts for gas abstraction
  • Contract Audit and deploy as paymaster

On-Chain Settlement

All transactions will be settled fully on-chain on Conflux, ensuring transparency and decentralization for USDT0 :left_right_arrow: INR swaps.

Asset Bridging

  • Maintain a 1:1 peg between USDT and USDT0
  • Use Conflux Hub APIs and other Dex to enable seamless swaps between USDT-BEP20 and USDT0

7. Smart Contract Security & Team

Security & Audits

  • Custom contracts (if required) will be audited prior to deployment
  • Full cooperation with the Conflux team for review and compliance

Technical Team

  • A part-time but experienced technical team supports development
  • Team members currently work across multiple projects
  • Openness to increased transparency or restructuring if required by the ecosystem

Regarding your question about our team or our approach, of course, we are not the first in this space. There are already platforms like P2P.me and others that are doing similar things. Our focus is on the core of the average trader, rather than large-volume transactions by a single entity.
Secondly, the Conflux ecosystem can support us because it offers low latency, high speed, and extremely low fees. This will greatly benefit us in handling small transactions, because while other blockchains may offer low fees, they aren’t always low enough to make small transactions profitable. For example, if a transaction is just one dollar, the company might only make a profit of 0.02 dollars. Conflux is unique in that it can help reduce these fees and still support small transactions profitably.
This is precisely what Srd.exchange aims to do: execute small trades and earn from them, so that even minor payments, like 10 rupees for a packet of biscuits in the real world, can be processed through crypto. Conflux can support us in making this possible.

thanks
srd.exchange
[email protected]

#7

Dear @Srdaryandubey ,

Thank you for the revised proposal and the additional technical and compliance clarifications — we appreciate the effort and progress since your initial submission.

However, before we can move this application forward to a committee vote, one critical element is still missing:

a fully KPI-driven milestone structure with concrete, verifiable deliverables.

At the moment, the milestones describe activities (e.g., integrations, launches, marketing, pilots), but they do not define:
• measurable user targets (e.g., active users, wallets, DAU/MAU)
• transaction targets (on-chain transactions, volume, merchants onboarded)
• ecosystem impact metrics (CFX / USDT0 usage, contracts deployed, integrations)
• social / community growth targets (X, Telegram, etc.)
• or clear third-party verifiable payment triggers

For Growth Grants, we require milestones to be tied to objective numbers and external verification, not only feature delivery.

Below is an example of the level of structure and clarity we expect (from a recent approved proposal):

⸻

Milestone 1 – Technical PoC & Beta
• Public beta product with live Conflux integration
• 10+ verified on-chain transactions
• Full CFX compatibility
• Marketing: X + Medium + LinkedIn announcement, technical whitepaper
• Budget: $10,000 (30%)
• Payment trigger: Third-party verification of beta + transactions

Milestone 2 – Production & User Growth
• Production deployment for 10+ client platforms
• Automated compliance checks
• 500+ active Conflux accounts
• Marketing: Case study + Twitter Space AMA
• Budget: $15,000 (40%)
• Payment trigger: Independent verification of growth + compliance features

Milestone 3 – Scalability & Ecosystem Impact
• 1,000+ TPS optimization target
• Integration with 3+ Conflux dApps
• 1,000+ DAUs & 15% transaction cost reduction
• Marketing: sustainability report + community challenge / hackathon
• Budget: $15,000 (30%)
• Payment trigger: Third-party validation of scalability + community metrics

Additional notes:
• KPI tracking via shared dashboard
• Bi-weekly progress reports
• Independent technical verification
• Budget rationale (dev / marketing / contingency split)

Next step

To proceed:

Please submit today a revised milestone table that includes:
• exact numerical KPIs per milestone
• clear payment triggers based on verification
• milestone-level budget allocation
• user / transaction / ecosystem impact metrics

If you can provide this today, we can begin the internal committee voting process tomorrow.

We look forward to your update.

Best regards,
Máté
Head of Grants – Conflux Network

#8

Thank you so much, ConFlux team and grant team, for your continuous support and for helping us achieve our best.

We have thoroughly understood the KPI and milestone structure you provided, and we have outlined the practical possibilities here, which will assist you in obtaining internal approval.

KPI‑Driven Milestone Framework

srd.exchange × Conflux Ecosystem

Milestone 1 — Technical PoC & Public Beta Validation

Objective

Deploy a public beta of srd.exchange with live Conflux eSpace integration and validate real on‑chain usage under measurable conditions.
Duration: 1 month
Funding: $5,000 (Upfront)

Deliverables (Measurable KPIs)

  • Public beta live with Conflux eSpace integration with USDT0
  • ≥25 verified on‑chain transactions on Conflux before Launch For Public
  • ≥15 unique wallets interacting with the beta including Mobile Number, Gmail and social account also Introducing 7+ More chains like polygon, Sol, Arb etc.
  • Full USDT0 compatibility confirmed for on/off ramp with INR both for UPI & Cash Deposit (CDM)
  • Wallet Feature For Deposit & withdraw, All Coins/token Available on srd.exchange
  • Deployment of ≥2 smart contracts on Conflux (including paymaster on particle.network for gasless transaction)
  • Gasless transaction for USDT0 (CFX) Users
  • Public Announcement technical documentation / lite whitepaper published

Marketing & Visibility KPIs

  • 2-3 announcement on official srd.exchange - X (Twitter), 2 Telegram, LinkedIn, other social achieving ≥10,000 impressions
  • Small Social Community Campaign only for USDT0 on Conflux Users who use USDT0 for on/off ramp on srd.exchange
  • 200-500 Wallet creation and 1000+ On-Chain Transaction for $CFX Ecosystem using USDT0
  • 1 X (Twitter) Space / AMA with Conflux & ≥25 live organic listeners

Budget

$5,000 (10%)

Milestone Completed Condition (Third‑Party Verifiable)

On‑chain verification via Conflux explorer demonstrating:

  • ≥1000 successful transactions
  • ≥200 unique wallet addresses

Independent technical confirmation by:

  • Conflux Foundation Dev Relations OR
  • Public blockchain explorer data with shared dashboard screenshots

Fund Utilization :-

  1. Development Costs (60%):
    $3,000 for smart contract development, integration, and testing.
  2. Testing and Auditing (20%-25%):
    $1,000-$1,500 for smart contract audits and testing tools.
  3. Marketing & Contingency (5%-10%)
    500$-1000$ on marketing, campaigns and for any unexpected expenses.

Milestone 2 — Enable cross-chain Bridge/swaps using USDT0 on conflux and all swaps availability

Objective

Transition from beta to production and demonstrate real user adoption with swap, bridge and cross chain services
Duration: 15–20 days
Funding: $5,000

Deliverables (Measurable KPIs)

  • Enable Cross Chain swap, bridge using rango.exchange (other chains) and other swap (meson.fi) that enable Api execution using swap, cross chain using Conflux eSpace (in Guidance CFX Dev Rel support)
  • Gasless Swaps (Token as Fee Only) - No Blockchain Fee
  • Automated compliance logic (limits, risk flags, transaction caps) for Fiat
  • ≥1000$ Swap USDT0(CFX)/USDT(BEP20)
  • ≥100 active Conflux wallets
  • ≥1,500 on‑chain transactions on srd.exchange
  • ≥$50,000 cumulative on‑chain transaction volume (All chain from M1 to M2)
  • ≥100 repeat users (each completing ≥2 transactions)

Marketing & Community KPIs

  • 5 public case study showcasing Conflux usage from M1 to M2
  • ≥1000$ Swap USDT0(CFX)/USDT(BEP20)
  • Community growth targets:
    • +25,000 followers on X
    • +8000 members on Telegram
  • 10+ DAU and 300+ MAU
  • ≥500 Wallet creation and 2500+ On-Chain Transaction for $CFX Ecosystem using USDT0
  • 1 X (Twitter) Space / AMA with Conflux & ≥50 live organic listeners
  • Small Social campaign for active users on-chain (Priority to USDT0 CFX Users)

Budget

$5,000 (10%)

Payment Trigger (Independent Verification of Growth & Compliance)

Wallet and transaction metrics verified via:

  • Conflux explorer data
  • Public analytics dashboard (Dune or custom analytics)

Compliance flow validation through:

  • Recorded demo of compliance logic and controls

Independent validation by:

  • Conflux ecosystem team OR
  • Public analytics with timestamped verification reports

Fund Utilization :-

  1. Backend Development Costs (60%):
    $3,000 for smart contract development, integration to rango.exchange and other (meson.fi), and testing.
  2. UI & UX improvement (20%):
    1000$ Improving user experience in UI and seamless experience
  3. Testing and Auditing (10%):
    $500 for smart contract audits and testing tools.
  4. Marketing & Contingency (5%-10%)
    500$ on marketing, campaigns and for any unexpected expenses.

Milestone 3 — Introducing Qr Scan & Pay & Merchant Panel

Objective

Introducing new feature Qr scan and pay in which user can pay in real world any Qr upi enabled QR scan and pay using USDT0 CFX & USDT BEP20
Duration: 1–1.5 months
Funding: $10,000

Deliverables (Measurable KPIs)

  • UI enable Scan and pay feature
  • Onboarding ≥20 merchants with Earn 2% on each transaction Fee for Qr scan & pay and UPI on other hand 3% commission on Cash Deposit (CDM) users.
  • Integration with USDT0 CFX & USDT BEP20 for on/off ramp
  • srd.exchange commission algorithm for each trades
  • ≥100 Daily Active Users (DAUs) sustained for 7 consecutive days
  • ≥1000 Monthly Active Users (MAUs) do on-chain transaction within month
  • 0.15$ platform Fee For Only USDT BEP20 Users for lower than 10$ on/off ramp users that help srd.exchange to cover transaction fee and remain profitable also support USDT0 CFX to trade with 0% Fee Marketing
  • Deployment of additional smart contracts or modules to support scalability like “tip to merchant” (100% tip to merchants).
  • Public on-chain data tracker for srd.exchange for all fiat orders

Ecosystem Impact KPIs

  • ≥10,000 monthly order transactions on srd.exchange at least 30% hold by conflux
  • Increased CFX and USDT0 utility
  • Demonstrable gas usage and fee generation on Conflux
  • High volume transaction on conflux

Community & Marketing KPIs

  • 1-3 ecosystem impact / sustainability report published
  • Community Airdrop for both Active Merchant & Users
  • $1,000,000+ Transaction on srd.exchange

Budget

$10,000 (20%)

Payment Trigger (Third‑Party Validation of Scalability & Community Metrics)

Scalability and cost metrics verified through:

  • srd.exchange on-chain reports
  • On‑chain gas and performance data

Usage and community metrics verified via:

  • Analytics dashboards (DAU and transaction data)
  • Public on-chain data on srd.exchange

Fund Utilization :-

  1. Backend Development Costs (60%):
    $6,000 for smart contract development, integration to rango.exchange and other (meson.fi), and testing.
  2. UI & UX improvement (25%):
    1500$ Improving user experience in UI and seamless experience
  3. Testing and Auditing (10%):
    $1000 for smart contract audits and testing tools.
  4. Marketing & Contingency (5%-10%)
    1500$ on marketing, campaigns and for any unexpected expenses.

Milestone 4 — Multi Api - Futures trading launch & $CFX Pair as futures integration with 0% Fee

Objective

introducing futures trading and adding $CFX as 0% trading fee experience

Duration: 1-2 Months
Funding: $20,000

Deliverables (Measurable KPIs)

  • Enable futures trading feature and adding 5+ Exchanges API to independently choose and tradable by user by USDT BEP20
  • Adding srd.exchange Fee for futures
  • Automated compliance logic (limits, liquidation, risk flags, other) for Futures
  • $25,000,000 Volume in futures
  • ≥5000$ Swap USDT0(CFX)/USDT(BEP20)
  • ≥500 active Conflux wallets
  • ≥100,00 on‑chain transactions on srd.exchange for fiat
  • ≥50 Merchants onboarding
  • ≥200 repeat users (each completing ≥2 transactions) on CFX
  • ≥5000 order completion on $CFX for users
  • $2,500,000 on/off ramp on srd.exchanges
  • Public on-chain data tracker for srd.exchange for all Futures + fiat orders

Marketing & Community KPIs

  • 5 public case study showcasing Conflux usage from M1 to M4
  • ≥5000 Swap USDT0(CFX)/USDT(BEP20)
  • Community growth targets:
    • +30,000 followers on X
    • +10,000 members on Telegram
  • 100+ DAU and 2500+ MAU
  • ≥1000 Wallet creation and 5000+ On-Chain Transaction for $CFX Ecosystem using USDT0
  • 3-5 X (Twitter) Space / AMA with Conflux & 100 live organic listeners
  • Airdrop Announcement for Futures Traders

Budget

$20,000 (40%)

Payment Trigger (Independent Verification of Growth & Compliance)

Wallet and transaction metrics verified via:

  • Conflux explorer data
  • Public analytics dashboard (Dune or custom analytics)

Compliance flow validation through:

  • Recorded demo of compliance logic and controls

Independent validation by:

  • Conflux ecosystem team OR
  • Public analytics with timestamped verification reports

Fund Utilization :-

  1. Backend Development Costs (60%):
    $12,000 for smart contract development, integration to 5+ Exchanges API for futures
  2. UI & UX improvement (20%):
    4,000$ Improving user experience in UI and seamless experience
    3.Srd on-chain tracker (10%):
    1000$ for public on-chain data and All
  3. Marketing & Contingency (10%)
    2000$ on marketing, compaigns and for any unexpected expenses.
  4. Hiring Team (2,000$)
    Hiring some team members to srd.exchange, help to get futures and fiat target.

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Milestone 5 — Launch $SRD Token Airdrop and Ai- driven social kyc

Objective

introducing $SRD Token on $CFX, $BSC and launch Airdrop Giving Priority $CFX ecosystem users and registering regularity compliance help of Ai-driven social kyc

Duration: 20–25 days
Funding: $5,000

Deliverables (Measurable KPIs)

  • Enable futures trading feature and adding 10+ Exchanges API to independently choose and tradable by user by USDT BEP20
  • Adding trade to earn $SRD token and 1.2X to $CFX USDT0, $CFX Futures etc.
  • Ai-Driven Social Kyc to push Fiat Limit to Buy/Sell 250$/1000$
  • $100,000,000 Volume in futures
  • ≥10,000$ Swap USDT0(CFX)/USDT(BEP20)
  • ≥1000 active Conflux wallets
  • ≥1,000,000 on‑chain transactions on srd.exchange for fiat
  • ≥150 Merchants onboarding
  • ≥300 repeat users (each completing ≥2 transactions) on CFX
  • ≥20,000 order completion on $CFX for users
  • $10,000,000 on/off ramp on srd.exchanges
  • Public on-chain data tracker for srd.exchange for all Futures + fiat orders

Marketing & Community KPIs

  • 5 public case study showcasing Conflux usage from M1 to M4
  • ≥10,000 Swap USDT0(CFX)/USDT(BEP20)
  • Community growth targets:
    • +55,000 followers on X
    • +25,000 members on Telegram
  • 500+ DAU and 5000+ MAU
  • ≥1000 Wallet creation and 20,000+ On-Chain Transaction for $CFX Ecosystem using USDT0
  • 3-5 X (Twitter) Space / AMA with Conflux & 250 live organic listeners
  • Airdrop Announcement for All Srd.Exchange Users (Priority to $CFX ecosystem users)

Budget

$5,000 (10%)

Payment Trigger (Independent Verification of Growth & Compliance)

Wallet and transaction metrics verified via:

  • Conflux explorer data
  • Public analytics dashboard (Dune or custom analytics)

Compliance flow validation through:

  • Recorded demo of compliance logic and controls

Independent validation by:

  • Conflux ecosystem team OR
  • Public analytics with timestamped verification reports

Fund Utilization :-

  1. Backend Development Costs (60%):
    $3,000 for smart contract development, integration to 5+ more Exchanges API for futures
  2. $SRD Token Development (40%):-
    Development of $SRD on CFX, BEP20

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Milestone 6 - First Srd.Exchange Fiat Device Launch in Real World

Duration: 1-3 Months As required
Funding: $5,000

Details:
Launch of Physical Fiat Gateway Device
Pilot integrations with 10+ physical merchants (shops, malls, local businesses)
Execute small-scale, high-impact marketing experiments
Drive user engagement, adoption, and transaction volume

note :- this real world experiment help us to test srd.exchange device in real world also LAUNCH FIRST AIRDROP OF $SRD TOKEN TO MALL/SHOP OWNERS WHO USING srd.exchange physical device FOR Accepting crypto + inr Gateway include $CFX token

AIM

Thank you to the grant team for taking the time to thoroughly review the grant framework and our application.

The core objective of srd.exchange is to bridge Web2 and Web3 by enabling real-world crypto payments. Our focus is not on attracting large whales or chasing inflated milestones, but on onboarding organic, everyday users—shops, malls, and individuals—into Web3 through practical, real-life use cases.

Within the Conflux (CFX) ecosystem, srd.exchange is committed to giving consistent priority to CFX and USDT0 on Conflux, including lower platform fees, stronger payment infrastructure, and a superior real-world trading and payment experience compared to other networks we may integrate for on/off-ramp services.

Our vision is to make crypto a part of daily life—allowing users to make small, secure, and transparent payments without relying on traditional fiat systems or sharing unnecessary personal data. While India is our starting point, our model is globally scalable, with planned expansion to markets such as Dubai, Vietnam, Singapore, and the Philippines, ensuring that CFX adoption extends beyond South Asia.
We appreciate your consideration and look forward to contributing meaningfully to the growth of the Conflux ecosystem.