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LendMarket

Marketplace for custom lending and borrowing offerings. It allows user to post, accept, update, repay and reclaim their loan proporsals

LendMarket

Created At

ETHGlobal Singapore

Project Description

Marketplace for Custom Lending and Borrowing Offerings

Welcome to our innovative Marketplace for Custom Lending and Borrowing, where financial flexibility meets personalized solutions. Our platform connects borrowers and lenders, allowing users to create tailored lending agreements that fit their unique needs and circumstances.

Key Features:

Customizable Terms: Set your own interest rates, repayment schedules, and loan amounts, ensuring that every agreement suits your financial situation.

Diverse Offerings: Explore a wide range of lending options, from personal loans to business financing, catering to various needs and preferences.

Secure Transactions: Enjoy peace of mind with our secure payment processing and verification systems, ensuring that both parties are protected throughout the transaction.

Community Reviews: Build trust with transparent reviews and ratings from previous users, helping you make informed decisions.

User-Friendly Interface: Easily navigate our platform with an intuitive design that streamlines the lending and borrowing process.

Join our Marketplace today and experience a new era of financial collaboration—where your lending and borrowing needs are met with flexibility and trust. Whether you’re looking to lend your resources or secure the funds you need, our platform empowers you to take control of your financial journey.

How it's Made

This project uses Rainbow wallet connect kit, with MERN stack, and Solidity in smart contract. Smart Contract take the deposit of the collateral, in the meantime of the loan. It facilitates the transfer of funds. It uses gasless creation of listings, whose signature are verified when the listing is accepted. It has Reclaim and Repay functionality for borrower and lender, based on the expiry timeline. This allows users to give riskier loans on memecoins' and earn ton of money in apr as the given collateral and loan tokens are highly risky nature.

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