FreedFi

Screenshots

Problem Statement

Empowering freelancers through talent-backed loans with FreedFi.FreedFi is changing the lending landscape by bringing access to capital with Skill Capital. Our lending infrastructure offers Talent-backed loans to skilled contractors. Leveraging decentralized finance strategies and Trust Credentials, we bring transparency, accountability, and real-time credit score reputation (Erc1155 + Analytics) to the lending cycle.Join us as we shape the future of lending with a trustless, on-chain solution for DAOs, communities, member organizations and more!Unique Value Proposition: Loans for skilled freelancers backed by talent alone. Zero Interest Loans No Collateral NeededProblems We're Solving: Freelancers face overwhelming difficulties in obtaining loans due to the absence of a steady work history, which hinders their access to traditional lending options. This hinders dreams of sustainable living, home ownership, car leasing and more.Smart Contracts: GetaLoan.sol https://github.com/captainahab0x/freedfi/blob/main/contracts/src/GetALoan.solBorrowers request, are approved, and payback loansInvestors approve loans and receive paybackFreedFi Pool funds the loan and issues Trust Credentials(ERC1155+Analytics)PoolControler.sol https://github.com/captainahab0x/freedfi/blob/main/contracts/src/PoolController.solAllows FreedFi DeFi Pool to manage investor funds trasparentlyRewards Investors for reviewing & approving freelancer loan requestwsTrustCredential.sol https://github.com/captainahab0x/freedfi/tree/main/contracts/src/trustcredentialsTrustCredentials are issued after a loan is repaidMathematical equation determins the reliability score by calculating date of return compared to date due.Investors get TrustCredential to redeem their reward for choosing which loans to fundBorrowers get TrustCredentals that attest to their reliability and credit scoreReview Goldfinch.Finance whitepaper for one of our inspirations.Linkshttps://bit.ly/FreedFi_EthIndia2023https://docs.google.com/document/d/1ZdvnnumIgT_ajTizrDzVSjiBZ6VPyKaZSDjfD16irXk/edit?usp=sharing

Solution