Normalize Public Dashboards For Transactions and Assets on ICP
in Web3.0 products where there is money involved, it is crucial to develop a trustless environment with public dashboards about transactions and vesting schedules.
Over the years, Decentralized Finance (DeFi) has emerged as a major use case, allowing for peer-to-peer financial transactions without the need for intermediaries such as banks.
With the growth of DeFi and the increasing use of cryptocurrencies as a means of payment and investment, it is important to have a high level of transparency and accountability.
Public dashboards can provide real-time visibility into the transactions taking place on-chain, allowing users to monitor their investments and track the flow of funds.
This level of transparency can help build trust between users and developers and increase confidence in the platform.
In addition to public dashboards, data of vesting schedules are also important for creating a trustless environment.
Vesting schedules determine when tokens or funds will be released to users, which can help prevent scams and fraud. By setting vesting schedules that release funds over time, developers can ensure that users are incentivized to continue using the platform and that the development team is held accountable for delivering on their promises.
Overall, creating a trustless environment is essential for the success of Web3.0 products, especially those that involve money. Public dashboards and vesting schedules are just two ways to help build trust and transparency in these platforms