/gho-stream

GhoStream | LFGHO hackathon by ETH Global

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GhoStream | Hackathon LFGHO

GhoStream allows users to use their assets as collateral to borrow GHO in a continuous stream. This novel approach not only ensures a better alignment with your income flow but also introduces an innovative method for making payments, leveraging the concept of continuous streams. By integrating the stability of traditional collateral with the flexibility of streaming finance, GhoStream paves the way for a more predictable and less risky financial future.

Key Features

  • Flexible Borrowing: Supply assets (DAI, USDC and WETH) as collateral and borrow GHO in a continuous stream that mirrors your income, offering unprecedented financial flexibility.
  • Innovative Payment System: Unlock new payment possibilities, enabling users to pay through continuous streams, simplifying financial transactions.
  • Reduced Risk: The continuous nature of the debt allows for better prediction of risk factors, offering a more secure way to manage borrowed funds.
  • Lower Interest Compounding: Thanks to the streaming nature of GHO, less interest is compounded over time, making it a cost-effective borrowing option.

How It Works

  1. Connect Your Wallet: Securely link your blockchain wallet to the GhoStream platform.
  2. Deposit Collateral: Select your preferred asset to deposit as collateral.
  3. Receive GHO: Customize your borrowing stream and start receiving GHO in alignment with your financial needs.
  4. Utilize for Payments: Use the GHO stream for seamless transactions, benefiting from the innovative streaming payment mechanism.

Getting Started

To embark on your GhoStream journey:

  1. Secure Wallet Connection: Connect your blockchain wallet to our platform.
  2. Collateral Deposit: Choose and deposit your asset as collateral.
  3. Stream Setup: Adjust your borrowing stream according to your needs and commence receiving GHO.

Why GhoStream?

GhoStream isn't just a borrowing platform; it's a financial innovation designed to match the lifestyle of modern income earners. It offers a solution for managing expenses, seizing investment opportunities, or simplifying payments, all while providing a flexible, secure, and innovative financial experience.

Contract Addresses on Sepolia

  • AaveMiniMarket: 0x4db213331d44AacF6B9E83aa5Cd3a9dC359e3FFb
  • Gho (Mock): 0x78aB1A9C913107D0f989f7802c5981123Fb9ba4F
  • GhoDebtToken: 0x3765bB6D91a3568AB7F64276C8514f86D9245A60
  • aWETH: 0xaC775C0b34c50Ba68bBC0e4F3c9aCCaf34123eda
  • aDAI: 0x72CB9080841acB75E5AB9d83E5F78a3d20326e6A
  • aUSDC: 0x915790Fe8cc10Acf844CB77F8DC3299d4E3be78a