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Project Info

This platform provides NFT utility. Users can put their NFTs as collateral against stablecoins like USDT. Collateral duration can vary between 1 month to 4 months. This time period is decided to avoid NFT price fluctuations. Also, users can stake their Nfts in the contract and claim periodic interests powered by a DAO. This DAO votes on proposals to lend these Nfts to other trusted third parties. A user can become a DAO member by stake 1 Matic. After a Lending duration, NFT automatically returns to the owner.



Deployed Site
Demo Video
Contract Info


Built with

  • CSS
  • Next.js
  • Solidity
  • Ether.js
  • Moralis
  • IPFS
  • Chainlink

Installation

  1. Clone the repo

    git clone https://github.com/anshss/Simula.git
    
  2. Install NPM packages

    npm install
  3. Start project

    npm run dev

About

Chainlink Fall 22 (Defi Magician track) winner

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