PeosFi

PeosFi aims to solve the problem of limited access to capital by enabling uncollateralized borrowing through a decentralized platform. By leveraging social connections, reputation, and innovative risk management, PeosFi provides individuals and businesses with an alternative to traditional collateral-based lending, fostering financial inclusion and empowerment within the decentralized finance (DeFi) space.

This project uses decentralized identity providers like arweave to assign an onchain social credit score to users, who can later use this to borrow loans from the app. Challenges we ran into - Optimizing Anon Adhaar zk proof verification, Integrating The Graph, smart contracts and nextjs