X-Tra Protocol
Going the Extra Mile in DeFi ! A Cross chain lending protocol
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Problem Statement
Diversify Assets: Easily diversify their digital assets across multiple blockchains, mitigating risk and maximizing opportunities.Seamless Asset Movement: Xtra allows users to effortlessly transfer and lend assets across diverse blockchain networks. This streamlines the process, eliminating the complexities associated with cross-chain transactions.Security Simplified:Trust in the simplicity of secure smart contracts and encryption, making your lending journey straightforward and protected.Linkshttps://xtra-protocol-bytecrak07.vercel.app/
Solution
Cross-Chain Compatibility: Overcoming compatibility hurdles for seamless asset transfers across diverse blockchains involved deep research and collaboration with blockchain experts.Smart Contract Security: Crafting secure smart contracts to ensure user fund safety required external audits and rigorous implementation of best practices.User Interface Streamlining: Designing an intuitive interface for users with varying DeFi experience involved continuous feedback loops and iterative design improvements.
Hackathon
ETHIndia 2023
2023