FiananSu

FiananSu

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The problem FiananSu solves

Our project "Fianansu" completely focuses on creating and promoting DEFI space for the FVM ecosystem. Fianansu consists of the top DEFI products such as Decentralized exchange, Token Bridge and Overcollateralized lending all with in a single platform.

we submitted this project on ethglobal on 6th of feb, which in between the ethforall timeline, our main focus was on ethforall , we saw opportunity there also, so we submitted there too!

We have made our contract more gas efficient as well as provide more liquidity for DEX, Have Established and Deployed our own Bridge on Render.com

Challenges we ran into

Our team "Fianansu" focuses on promoting DEFI projects on the Filecoin ecosystem. We have built a DEX, a Token Swap on our platform and along with it we are yet to integrate our Overcollateralized lending protocol on the platform.

So in the DEX, the users would be able to exchange their Filecoin (FIL) for other tokens as well as vice versa, that are issued on-chain and the whole process provides a seamless, secure, and user-friendly interface for users. Along with that we have also integrated Push protocol to our platform in such a way that the users would be able to receive notifications about their transfers on the Push staging app. Our platform's goal is to offer a secure and convenient solution for users to trade their tokens, removing the need for intermediaries and improving the overall user experience.

In the Token Bridge, Users would be able to move their tokens from the FVM (hyperspace) network to any other network with the help of our token bridge that ensures users to seamlessly and securely transfer tokens from one network to another. The main purpose of our token bridge is to allow interoperability between different blockchain networks and expand the reach of the tokens being transferred.

Finally in the Overcollateralized lending, users would be able to deposit their FIL coin onto our protocol and would be able to issue our token against their collateral. In the event of default, the lender can recover the loan amount by selling the collateral deposited that would automatically be liquidated. This ensures that the protocol does not suffer a loss.

All these products together under our project called "Fianansu" would ensure that the FVM users and builders would have a fluid experience.

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