someone-build

Some random ideas about how to implement uncollateralized lending platform built on top of Farcaster

1. Social Capital Assessment: Utilize tools like Airstack Social Capital or OpenRank to evaluate user accounts.
2. Dynamic Loan Amount and Interest Rates: Loan terms determined by social credit scores.
3. Account Ownership Transfer: In case of default, the borrower's account ownership is transferred.
4. Evolving Model: Initially using an order book model, with potential to transition to a liquidity pool system.

Not sure if anyone is building it. Thoughts?

hey thank you! I just have that idea, don't have plan to build. looking forward your product, will definitely try it!

Let's chat. That's exactly the vision we have at PWN.xyz