/fleep

Fleep is a Layer-2 Decentralized Application Targeting Africa

Primary LanguageVue

This Project has been hosted on a free host. You might experience a little delay at cold laod

Full logo (1)

Fleep Finance - A Layer-2 Decentralized Application Targeting Africa.

A Xend Finance X Polygon Hackathon Project

banner2

Despite the numerous advantages of blockchain and how it can drastically improve the financial system of today, we are still yet to unleash these benefits because the adoption is still quite low especially in Africa, government laws and restrictions etc.

We believe Fleep finance will bring more adoption to web3(in general) in Africa by educating, incentivizing, and localizing decentralized finance.

Today DEFI protocols out there are built targeting on a global scale leaving a wide gap between DEFI and developing countries in Africa, the best way to bridge the gap is a unique tailored product that brings DEFI closer to these countries.

Another major problem is the quantity of scams that makes people distrust, and the amount of things and information on DEFI can be overwhelming and difficult to understand for a beginner.

Our aim is a platform for Africans where people can learn, interact, earn, and invest in DEFI in the most simplified way.

Watch Demo Video

Features

  • Swap and Dust sweeping

    Exchange assets to others assets with a low gas fee.

    Screenshot 2022-12-03 223401

    • Dust sweeping means swapping all assets below $20 to a particular asset in a single transaction.
  • Liquidity and AutoYield Earning

    Providing liquidity and autoyield are ways of investing your crypto in fleep finance.

    • Provide Liquidity and earn 0.2% fee on all trades proportional to your share of the pool.
    • Stake USDT, USDC, AAVE, WBTC in the xAuto Yield protocol to earn up to 15% APY. Built on Xend finance.

    Screenshot 2022-12-04 015122

  • Testnet Mode

    It can be so easy to lost or unwilling stake funds in DEFI protocols if the user is new or still learning how the system works which is also one of major reasons why most Africans are scared to get into DEFI.

    With testnet mode, our users will able to interact with all the fleep features with fake assets and fees from faucets, and switch to mainnet when they are confident enough.

    Screenshot 2022-12-03 222755

  • Buy/Sell Crypto with Local Currencies

    Seamless peer to peer trade of cryptocurrencies and local currencies. Powered by Xend bridge.

    Screenshot 2022-12-04 015214

    • Nigerian Naira
    • Kenyan Shillings
    • Ghanian Cedis
    • more to come...
  • Localization

    Redefining decentralized finance, bring it closer to many Africans in their local languages.

    Screenshot 2022-12-03 215823

    • English (default)
    • Afrikaans
    • Hausa
    • Pidgin
    • more to come..

Ways To Earn

  • Providing Liquidity

Screenshot 2022-12-04 014733

  • Auto Yield

Screenshot 2022-12-04 015122

  • Learning (Uncompleted)

Fleep Token

flp

  • Use for liquidity rewards
  • Use for learning incentives

Revenue Model

  • We deduct 20% out of 0.25% of swapping fee, and 80% is shared among liquidity providers.

Hackathon Track

  • Beginner

Tech Stacks

  • Polygon (Testnet & Mainnet)
  • ChainLink (AggregatorV3)
  • Xend Finance (xAuto)
  • Xend Bridge
  • Nuxtjs (Frontend)
  • Truffle (Smart Contract)
  • Web3js
  • Moralis (Web3 APIs)

Links

Roadmap

  • Phase1: Minimum Viable Product (MVP)
  • Phase2: Restructing and Improvement
  • Phase3: Community building and Testing, Auditting
  • Phase4: Launch on mainnet, fleep token
  • Phase5: Scaling and Patnerships

Contribution

Want to contribute? Great!

Reach out to me at https://linktr.ee/devarogundade

Team

  • Arogundade Ibrahim