BlockBorrower is an innovative DeFi lending platform that enables users to interact with decentralized finance in a user-friendly way. Built on XRP's EVM Compatible sidechain, BlockBorrower allows users to create or join banks, take out loans, make repayments, and engage in loan auctions in cases of defaults. This platform bridges the gap between traditional banking and decentralized finance, providing a secure and transparent way to handle financial transactions in the blockchain space.
- Create or Join a Bank: Users have the flexibility to either start their own decentralized bank or join an existing one.
- Loan Management: Secure and straightforward process for borrowing funds and managing loan repayments.
- Auction System for Defaulted Loans: In case of loan defaults, lenders have the opportunity to participate in auctions, adding a layer of security and recoupment.
- User-Friendly Interface: Designed with simplicity in mind, ensuring that both newcomers and experienced users can navigate and use the platform effectively.
- Decentralized and Transparent: Leveraging blockchain technology for decentralized control and transparent transactions.
- Front-End: [Vue JS, Web3 JS]
- Smart Contracts: [Solidity, Ethereum]
- Blockchain: [Ethereum, EVM Compatible Sidechain for XRP]
Instructions on how to set up the project locally. For example:
- Clone the repository:
git clone https://github.com/sap200/block-borrower - Install dependencies:
npm install - Run the front-end application:
npm run serve
Guidelines for contributing to the project. For example:
- Fork the repository and create your branch from
main. - Write clear and meaningful commit messages.
- Ensure that your code adheres to the existing style.
- Create a pull request with a detailed description of your changes.
State the type of license under which your project is released, for example:
- This project is licensed under the MIT License.
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