Borrowing Dapp that harnesses the power of Web3 to lock in collateral and take loan in form of stablecoins.
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BISWAS
Borrowing Dapp that harnesses the power of Web3 to lock in collateral and take loan in form of stablecoins.
The problem BISWAS solves
Users can login using Metamask, and deposit some ether as collateral . They will get loans in form of stablecoins. Once they pay back the loan they will get back their collateral.
Challenges I ran into
I used Chainlink to get the live USD-Eth prices. Had to face difficulty in testing the contracts on localhost.
Faced many barriers in integrating the backend and frontend of the application