In the traditional markets, unsecured/semi-secured lending is the biggest part of our economy. But the current DeFi infrastructure has been built on overcollateralized lending. Hence, Uncollateralized lending scoring is the need of the hour.
In India, where the agriculture industry employs 41.49% of the working population, a seamless way to lend and borrow for trade financing is essential.
Rupya is an Unsecured/Zero collateral lending platform, which is tapping into both these markets to revolutionise DeFi financing. There is a focus on incentivising agriculture loans while borrowing
💸 DeFi Track - Zero collateral lending DeFi platform.
🌍 Web3 integration with Web2 - Could be compared to the likes of kiva.co, and trying to capitalise on the traditional unsecured lending market with wider accessibility.
📲 Mobile-based Dapp - Sequoia - Using Ionic on top of Angular, built apps that support natively for Android, iOS, and the web. (
git switch ionic)
🌽 Agriculture related Project - Agri 10x - Focus on lending for the agriculture sector, offering Special rate of interests and other benefits, including 6 variants of loans.
💨 Polygon Network - Superfast blockchain transactions.
💾 IPFS - Distributed Storage of encrypted user profiles, loan details, and all other important info.
⌛️ Covalent - Real-time on-chain data via API, for faucet, borrow, and all information across dashboards.
📚 StackOS - Decentralized docker deployment of all 3 frontend apps. (Faucet, Main App, Landing Page) (
docker run -d -p 8080:80 naikaayush/web-app)
⛓ Chainlink - Price feeds for calculating interest earned in staking RUP (tied to USDC on test net).
🌊 Superfluid - To stream interest earned by lenders and to regularly pay back loans by borrowers.