The Loan Stream

Screenshots

Problem Statement

Thels is a novel Decentralized Finance project that allows DAOs with large treasuries & DeFi users to collateralize their treasuries, and take out loans in the form of streams. This allows lenders to earn stablecoin yield, allows borrowers to borrow flexible stablecoin streams until a set time, and allows DAO workers get paid every second with stablecoins.

Solution

This project uses Polygon to allow fast, secure and cheap transactions, uses Superfluid to create money streams, uses Chainlink Oracles to get the collateral value, uses Uniswap to liquidate when collateral value drops below allowed amount, and uses Moralis for interacting with users.