For a brief moment, a handful of Redditors came together when the Crypto market was booming and everyone was out to find new ways to profit from the overwhelmingly bullish crypto market. We noticed that every now and again, you typically have an odd coin here and there that’s performing significantly better compared to the rest. And I’m not referring to shitcoins, just that some assets can sometimes gain a significant amount in a single day.

So what if you could somehow predict and catch a ride on some of one of this surges by figuring out at what level of volatility that threshold is?

It’s around this idea that the Binance Volatility Bot was born. It was a relatively simple trading bot that’s meant to help traders detect surging assets, ride the uptrend and sell at the top. It works by allowing the user to input several configuration options but the main ones are: Price Change and Timeframe.

It was a pretty efficient way to scalp provided you had the patience to test various configuration options until you find the sweet spot, but the issue was that many people on here wouldn’t be able to use it because it required some programming knowledge to setup and run.

Some of us decided to actually build this out into a fully fledged web app. All of us met through the Binance Volatility bot and the hype around it on reddit, so apart from the normal challenges that come along with something like this, we also had to overcome the trust barrier. Sending money and sensitive documents for company formation to people whom you’ve never met in person was a bullet we all had to bite! I’m happy to report that no one ran away with anything!

As we were building, we realized the herculean scope of this build. If you’ve ever looked up to the peak of a mountain that you decided to climb, you know it’s going to be difficult to reach, but you have no idea what it’s like to walk the path.

This was no longer just a Python script that you can run locally. This was now a web app that needs a full and complex stack:

• Database
• API
• Frontend
• Backend
• Infrastructure and Deployments
• And many other services

It’s a whole different beast. It was hard work and tensions sometimes ran high in the team, but we brought it to where we are today and I’m really glad that we all stuck with it.

As we kept adding features, AESIR became more than just a UI for the original bot, it became its own unique thing, way bigger than the original BVT Bot. And In order to keep everything in the spirit of community and transparency, we made a promise to Open Source, as many AESIR repositories as we can, without compromising on the security of our application.

In addition to the Volatility Module, we also built Technical Analysis, and TradingView support right into AESIR and we made it so that you can combine all of these together in order to create unique strategies. Users can also share and copy public strategies from other users, because what made BVT Bot special is the fact that everyone was learning from one another. There was no given recipe for success, but people were keen to explore and share their findings with the other members, so we wanted to take that further and allow people to help each other and find success together.