Fortify (Stableton)
414 days前にアップデートされました
2 フォロワー
414 days前にアップデートされました
戻る 414 days前にアップデートされました 414 days前にアップデートされましたビジョン
Overcollateralized stablecoin based on battle-tested makerDao mechanics
説明
Fortify is an over-collateralized stablecoin protocol that allows anyone to generate stablecoins against the value of their decentralized token collateral (TON). Minting occurs through loans denominated in JT stablecoins (pegged to US dollar). All loans have an interest rate repayable upon redemption.
Fortify is a community-governed protocol. Changes are made through proposals and voted on by holders of the governance token.
What are some use cases for Fortify
- Store of value - stay long on your crypto (TON) while being able to use its value.
- Receive instant 0% interest loans
- Leverage your crypto positions
- Consumer and trade finance applications
Hackathon scope:
- For hackathon, we aim to accomplish an MVP which includes issuing stablecoin upon depositing collateral;
- Redemption - process of redeeming collateral and returning stable coin.
- Bad debt liquidations - once position collateral ratio falls beyond 150% position is subject to liquidation.
Achievements
チーム情報
M Eugene Bochkov (https://t.me/eugens_eth) - a serial entrepreneur who built tech products addressing problems of networking, financial literacy, and well-being. https://www.linkedin.com/in/eugene-bochkov/
SWE: Maxim Manylov (https://t.me/maxtrl) Maxim worked with Eugene as a team lead on project Marscolony. Having spent almost two decades in the software development industry, he's an invaluable part of our team. On top of all, Maxim has excellent integrity and business acumen. https://www.linkedin.com/in/maxim-manylov/
UI/UX: Ivan Manylov. Talented front-end developer with a strong desire to build a significant and profitable product.
manylov
@manylov
オーナー
Eugenefinch
@eugenefinch
Member
Share