FreedFi
Empowering Freelancers through Talent-backed Loans
Created on 10th December 2023
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FreedFi
Empowering Freelancers through Talent-backed Loans
The problem FreedFi solves
Empowering freelancers through talent-backed loans with FreedFi.
FreedFi is changing the lending landscape by bringing access to capital with Skill Capital. Our lending infrastructure offers Talent-backed loans to skilled contractors. Leveraging decentralized finance strategies and Trust Credentials, we bring transparency, accountability, and real-time credit score reputation (Erc1155 + Analytics) to the lending cycle.
Join us as we shape the future of lending with a trustless, on-chain solution for DAOs, communities, member organizations and more!
Unique Value Proposition:
Loans for skilled freelancers backed by talent alone.
Zero Interest Loans
No Collateral Needed
Problems We're Solving:
Freelancers face overwhelming difficulties in obtaining loans due to the absence of a steady work history, which hinders their access to traditional lending options. This hinders dreams of sustainable living, home ownership, car leasing and more.
Smart Contracts:
GetaLoan.sol https://github.com/captainahab0x/freedfi/blob/main/contracts/src/GetALoan.sol
- Borrowers request, are approved, and payback loans
- Investors approve loans and receive payback
- FreedFi Pool funds the loan and issues Trust Credentials(ERC1155+Analytics)
PoolControler.sol
https://github.com/captainahab0x/freedfi/blob/main/contracts/src/PoolController.sol
- Allows FreedFi DeFi Pool to manage investor funds trasparently
- Rewards Investors for reviewing & approving freelancer loan requestws
TrustCredential.sol
https://github.com/captainahab0x/freedfi/tree/main/contracts/src/trustcredentials
- TrustCredentials are issued after a loan is repaid
- Mathematical equation determins the reliability score by calculating date of return compared to date due.
- Investors get TrustCredential to redeem their reward for choosing which loans to fund
- Borrowers get TrustCredentals that attest to their reliability and credit score
Review Goldfinch.Finance whitepaper for one of our inspirations.
Tracks Applied (5)
XDC Foundation Track
XDC Foundation
Ethereum Foundation Track
Ethereum Foundation
Celo Track
Celo
Mantle Network Track
Mantle Network
Scroll Track
Scroll