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GHOcard

GHO powered crypto off-ramp powered by Aave. Mainly using a card to have an off ramp for GHO and AAVE.

GHOcard

Created At

LFGHO

Winner of

Family - Pool Prize

Prize Pool

Project Description

The DeFi world and AAVE have proven to be resilient and a decentralized way to Borrow, lend and earn. And GHO is a promising stablecoin. However, to achieve widespread adoption, it must cater to everyday consumers, including major retailers and mom-and-pop shops.

With GHOcard we built a cash out ramp powered by Aave. Mainly using a card to have an off ramp for GHO and AAVE. And with that join both modern fintech and the future which is Web3 and DeFi through AAVE and GHO.

How it's Made

Our progressive web dapp, in addition to being an asset manager for the tokens that we have borrowed in Aave, allows us to mint an Account Abstraction NFT Card, A payment card which is an abstraction of a credit card which in turn is a dual card that allows us to make payments both in Traditional finance and Crypto. This provides us with all the security of blockchain systems such as decentralization and all the advantages of using NFTs such as rewards programs, discounts and in this case NFC payments which in turn can create an entire ecosystem based on our DAPP

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