Issue: Evaluate Potential Vendor Lock-in Risks Associated with Web3Modal Integration

[12sachingupta]

Description:
Integrating third-party libraries like Web3Modal can offer immediate benefits but may pose long-term risks, including vendor lock-in. This issue aims to assess the potential vendor lock-in risks associated with integrating Web3Modal into the project and identify strategies to mitigate these risks.

Tasks:

Research and analyze the extent of dependency on Web3Modal's ecosystem for wallet integration within the project.
Evaluate the implications of vendor lock-in, considering factors such as future updates, support, and flexibility in switching to alternative solutions.
Identify specific areas within the codebase where integration with Web3Modal may lead to vendor lock-in.
Assess the feasibility and complexity of migrating away from Web3Modal to alternative wallet integration solutions or implementing custom logic.
Explore strategies to mitigate vendor lock-in risks, such as minimizing direct dependencies on Web3Modal's APIs or maintaining abstraction layers.
Consider the trade-offs between leveraging Web3Modal's features and the risk of vendor lock-in, weighing the potential benefits against long-term maintainability and flexibility.
Engage stakeholders, including developers and project managers, to gather insights and perspectives on the vendor lock-in risks associated with Web3Modal integration.
Document findings, recommendations, and proposed mitigation strategies for managing vendor lock-in risks effectively.

Outcome:
A comprehensive assessment report detailing the potential vendor lock-in risks associated with integrating Web3Modal into the project, along with recommendations and mitigation strategies to minimize these risks and ensure long-term maintainability and flexibility.