Propy
@propy
Loan against NFT or ERC-20 tokens as collateral, working with liquidity pools smart contract Develop smart contract mechanics that allow users to borrow against their NFTs as collateral within a liquidity pool. The smart contract should enable users to lock up their NFTs in exchange for a loan of a specified amount of USDC, with interest rates and terms clearly defined. The goal is to create a secure and efficient way for users to access liquidity while still maintaining ownership of their valuable NFT assets. 10000 USDC for first place Learn more for Propy - https://propy.com Take a look at our dApp gateway/explorer here: Dapp Backend: https://github.com/Propy/Propy.Web3Portal.Backend Dapp Frontend Codebase: https://github.com/Propy/Propy.Web3Portal Deadline 07/08/2024 @bountybot
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Bounty Bot
@bountybot
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Cooki
@cooki
👀
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Surbhit Agrawal
@surbhit14
Hey @propy, Check out my submission for this bounty I've developed a complete smart contract mechanism for borrowing against NFTs as collateral within a liquidity pool. The contracts allow users to lock up their NFTs in exchange for a USDC loan, with defined interest rates and terms. The project includes detailed design and architecture diagrams, comprehensive test cases, and a deployment script. I've also deployed a set of contracts on the Base Sepolia network. https://github.com/surbhit14/NFT-Lend-Propy-contracts
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Surbhit Agrawal
@surbhit14
Do we just have to create smart contract mechanics or a frontend UI is required as well ?
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