onion797jp / secured-finance

A protocol for financial transactions backed by crypto-assets.

A protocol for financial transactions backed by crypto-assets.

Financial Transactions

You can do the following traditional financial transactions with various formats. A list of formats and examples is shown below. We can also create innovative structured products by combining these plain-vanilla transactions.

• Loan (FIL loan backed by ETH) <---- HackFS primary focus
• Deposit (FIL deposit to earn interest)
• Swap (FIL/ETH cross-currency swap)
• Option (FIL/ETH European call option)

Target User

• Miners who want to borrow/lend their FIL without worrying about credit risk
• Investors who have long-term view and aim for excess return from markets
• Hedgers who want to reduce their current exposure of their crypto-assets
• Arbitragers who want to profit by providing liquidity to collateralized assets

Key Components

• Payment management smart contract
• Collateral management smart contract
• Ecosystem design of primary & secondary market on financial transactions
• Liquidity management to support margin call operations

Technologies and Tools

• Filecoin for main payment currency
• Ethereum for collateral management smart contract written in Solidity
• Fleek and IPFS to develop web application
• VueJS or other front-end framework for UI
• DID with ION or Elements for Identity and Key management

Contributors

Senshi M. Onions Twitter: @onion797jp