Skip to content

sarthakxv/DAMP-React-Client

Folders and files

NameName
Last commit message
Last commit date

Latest commit

 

History

1 Commit
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Repository files navigation

DAM Finance Client

Our project makes it easier for novice users to earn crypto and advanced users to manage crypto.

Cryptocurrency markets are volatile and with that comes the risk of losing a lot of money if one doesn't understand the market conditions (let's face it, not many can comprehend the crypto markets anyway). In traditional finance, one can invest in stocks, bonds, debts etc. Many protocols try to give or improve services which are present in tradfi but there are very few protocols which actually act like mutual funds in tradfi. Even if such protocols exist, they restrict the freedom of users in some or the other way either for the managers or the investors. We have created a platform where people can stream their tokens to pools of their choice and let advanced users (managers) handle where to invest those tokens from those pools. We call it D.A.M.P. abbreviation for "Decentralized Asset Management Protocol".

We intend to solve the flexibility and security issues inherent to such a protocol. Flexibility in the sense that users can choose to withdraw their assets anytime they like and managers are free to invest those assets into a number of reputed protocols. Security in the sense that users can be assured that managers won't be able to run away with their assets.

The project that we have created will show a small part of our final imagination of such a protocol. We will add a link to a doc detailing our idea and implementation details along with the future scope of our project in the coming days.

About

Client Side code of DAMP (EthOdyssey 2021)

Resources

Stars

Watchers

Forks

Releases

No releases published

Packages

No packages published