FAQ
What is EmpyrealSDK and its primary objective?
EmpyrealSDK is a development toolkit aimed at bridging the gap between traditional developers and the Web3 landscape, providing an interface that eases creation and innovation in blockchain development.
How can I begin developing with EmpyrealSDK?
Visit the Developer tools page to request API access so you can start building with the SDK’s modules.
Where can I test EmpyrealSDK?
You can already test a Telegram trading bot built entirely with the SDK. It is live here: https://t.me/empyreal_trading_beta_bot. This SDK proof-of-concept includes the following modules: Best-in-class Telegram Interface, View Customization, Trading Features (Easy Trading, Price Discovery, Trading History, Simulation); Trade Adjustments (Value Selection, Slippage and Priority, Anti-MEVl); Insights and Analytics (Tax & Honeypot Detection, PnL Analytics); Wallet Management (Wallet Overview, Balances).
How does EmpyrealSDK plan to democratize the crypto space?
EmpyrealSDK seeks to enable developers, regardless of their blockchain knowledge, to contribute to Web3 innovations by providing a simplified and flexible platform, much like how Shopify impacted e-commerce and Stripe transformed payment processing.
What challenge does the SDK aim to solve for developers unfamiliar with blockchain languages?
EmpyrealSDK addresses the disconnect that traditional developers experience due to the distinct requirements of blockchain-centric languages like Solidity, aiming to broaden crypto innovation to a wider developer community.
What is the modular approach of EmpyrealSDK?
The SDK is characterized by various modules, each a contained unit of execution, simplifying specific functionalities, such as a swapping mechanism, while reducing the need for deep smart contract or domain expertise.
What programming languages does EmpyrealSDK support?
EmpyrealSDK initially targets Python due to its rising popularity in data-centric blockchain development and also plans to include TypeScript/JavaScript SDKs to accommodate their dominant position in the development space.
How does EmpyrealSDK simplify interactions with smart contracts?
EmpyrealSDK alleviates the complexity of Web3 development by streamlining interactions with smart contracts, eliminating the necessity to delve into method invocations and related complexities without requiring mastery of Solidity.
What is the Privacy Enclave and how does it integrate with Oasis Sapphire?
The Enclave is built on top of Oasis Sapphire to ensure robust privacy and security while simplifying blockchain operations through features like confidential state, end-to-end encryption, and EVM compatibility. The Enclave is also available for testing on the Labs page.
How does EmpyrealSDK facilitate automation in blockchain development?
EmpyrealSDK provides a framework that enables users to build trading strategies or any automated blockchain interaction, with the ultimate goal of generating a comprehensive framework capable of managing automation and enabling the creation of complex, potentially interconnected pipelines for action triggering within a Web3 environment.
What are the technical foundations of EmpyrealSDK?
EmpyrealSDK is based on a data model built upon Object-Relational Mapping (ORM), mapped to a REST API developed using an asynchronous Python 3 framework with FastAPI, and a specialized Web3 framework designed to simplify interactions with various Web3 concepts through an object-oriented approach.
How does the SDK streamline and simplify development on the blockchain?
EmpyrealSDK abstracts user-related queries, such as making swaps, retrieving swap history, obtaining token prices, and calculating Profit and Loss (PNL), significantly easing developers' tasks and encapsulating learnings from various developmental efforts into a streamlined platform.
EmpyrealSDK also enables strategies that may incorporate centralized elements, providing a nuanced approach to blockchain strategy development. It features the Enclave, which collaborates with Oasis Sapphire for wallet delegation, aiming to streamline delegated trading strategies and authorities, and providing mechanisms to perform controlled, automated activities on behalf of a user.
How do you envision EmpyrealSDK evolving?
As developers continue to enrich and mature the framework, EmpyrealSDK anticipates becoming a notably expansive tool, progressively enhancing its utility and benefiting users by fostering the creation of more intuitive, user-centered apps in the blockchain space.
Learn more
Dig deeper into the world of EmpyrealSDK to find out how you can benefit from our modular development toolkit. Whether you are a developer or an end-user, our goal is to simplify your journey into Web3.