Note: This project is still in progress.
LiquidLoan is a P2P crypto lending (Proof-of-Concept) dApp built into the Snowflake dApp store. The goal of this project is to try out the development of a dApp built on Snowflake and to give to the Hydro team a feedback about the experience.
This PoC dApp allows people to borrow / lend Hydro tokens. The whole concept is based on a score system to provide trust among users. All users actions (lending, borrowing or reimbursing funds) are recorded and displayed publicly.
- Users sign up to the dApp using their Snowflake ID
- All users have 4 stats: current debt, lent amount, borrowed amount, reimbursed amount
- Users can ask for a loan, specifying the requested amount, the rate, and the deadline
- Users can lend money to eachothers