How PWN Saved 1,000+ Developer Hours with Blocklith
PWN is a peer-to-peer permissionless lending protocol which allows users to borrow against or lend any asset in their wallets.
We chose Blocklith because of their extensive multichain coverage and stability. Whenever we need to deploy to a new chain, Blocklith typically supports it, simplifying our technical process and enhancing the user experience.
PWN
Josef Je
CHALLENGE
PWN needed an accurate, reliable, and comprehensive solution to fetch user assets (ERC20 tokens and NFTs) across multiple blockchains. Developing an in-house solution was resource-intensive and complex.
SOLUTION
Leverage the Blocklith NFT API, Token API, and Price API to fetch all necessary asset data, enabling a comprehensive and efficient go-to-market strategy.
RESULTS
With the help of Blocklith, PWN streamlined its asset data fetching process, saving over 1,000 developer hours. This integration facilitated a quicker go-to-market strategy, improved user experience, and allowed PWN to scale efficiently across multiple blockchains.
About PWN
PWN is a peer-to-peer permissionless lending protocol. Embracing DeFi composability, PWN allows users to borrow against or lend any asset in their wallet (ERC-20, NFT, or a bundle of both) with flexible loan terms. PWN was able to use Blocklith’ suite of Web3 APIs to improve the experience for end users, streamline its go-to-market process, and save both time and resources.
PWN’s Challenge
PWN needed an accurate, reliable, and comprehensive solution to fetch user assets (ERC20 tokens and NFTs) across multiple blockchains. Developing an in-house solution was resource-intensive and complex.
Blocklith API Services
To solve these challenges, PWN chose to go with Blocklith suite of Web3 APIs. This decision was driven by Blocklith’ robust multichain support, ease of integration, reliable support, and cost-effectiveness. PWN decided to use a combination of Blocklith’ NFT API, Token API, and Price API to e.g.:
- Fetch collection metadata
- Fetch ERC20 metadata
- Fetch NFT metadata
- Fetch user ERC20s
- Fetch user NFTs
- Fetch ERC20 prices
Blocklith’ dedicated endpoints allowed PWN to easily fetch reliable data for these use cases. In turn, this meant PWN could roll out a comprehensive asset dashboard for users without the need to develop and maintain an in-house solution.
Results with Blocklith
Integrating Blocklith’ APIs yielded significant benefits for PWN. To mention a few, PWN realized how integral Blocklith’ multichain compatibility is in order to add support for new chains. Using Blocklith saved PWN over 1,000 developer hours, facilitating a quicker go-to-market strategy as well as improving the user experience.
- Universality: The wide range of supported chains allows PWN to easily expand to new chains.
- Improved User Experience: Accurate and comprehensive asset data has improved the overall user experience.
- Time and Resource Savings: An estimated 1,200 developer hours have been saved by using Blocklith instead of building and maintaining an in-house solution.
- Increased Efficiency: Streamlined data fetching has facilitated quicker go-to-market strategies and improved loan volume.
About Blocklith
Blocklith is a leading crypto data provider that helps companies build great user experiences and drive engagement, growth, and revenue in their applications through Blocklith’ suite of APIs and Blocklith Nodes. These scalable, cross-chain data products – such as the NFT API, Wallet API, Token API, Price API, Blockchain API, Blocklith Streams, and Blocklith Nodes – seek to bridge the development gap between Web2 and Web3.
Conclusion
By integrating Blocklith API services, PWN has overcome challenges in asset data fetching, resulting in a more robust and user-friendly lending platform. The support for multiple chains, ease of integration, reliable support, and cost-effectiveness of Blocklith have all contributed to enhancing PWN’s platform and accelerating its growth.
Check out PWN’s universal lending platform and see the benefits of Blocklith in action.
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