Build a decentralized app (dApp) that offers small, short-term crypto loans (microloans) to users, especially for students, freelancers, or creators who need quick capital without KYC or banks.
Build a decentralized app (dApp) that offers small, short-term crypto loans (microloans) to users, especially for students, freelancers, or creators who need quick capital without KYC or banks.
Lenders deposit stablecoins (like USDT, USDC, or DAI) into a liquidity pool.
Borrowers can request loans by locking a small amount of crypto as collateral (e.g., 1:2 ratio).
Smart contracts automatically:
Approve/reject loans based on loan-to-value ratio (LTV)
Collect and distribute interest
Liquidate collateral if borrower doesn’t repay in time
Reputation/credit score is built over time using on-chain activity or NFTs (identity badges).
Layer | Tech |
|---|---|
Blockchain | Ethereum / Polygon / Base (low fees) |
Smart Contracts | Solidity |
Frontend | React + Web3.js / Ethers.js |
Wallet Integration | MetaMask or WalletConnect |
Optional | IPFS (for decentralized borrower metadata) |