Hello Everyone, we are Abel Finance Team, we want to build the first cross-chain lending platform on Aptos:
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Project Name / Organization: Abel Finance
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Project Description:
The first fully decentralized multiple cross-chain lending DEFI running on the APTOS & Sui network- Coin and “AMM LP Coin” and NFT are supported for lending
- Support cross-chain lending
- Make awesome multi chain assets liquidity
- Official Treasury insurance
- Fully decentralized community autonomy
- Referenced an implementation of CompoundV2 and was implemented using the MOVE language
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Value Proposition to the Aptos Ecosystem
Support diversified secured assets, such as AMM LP Coin and NFT ,etc- LP Coin holders can lend other Coin by pledge LP, instead of destroying LP in order to obtain liquidity
- Provides mining possibility for coin holders
- Holders of a single currency obtain interest income and liquidity through Supply Coin to provide airdrop rewards
- Excess liquidity is regularly invested in compound and other capital pools to generate secondary income
- Through cross-chain lending, the efficient transfer of multi-chain assets is realized
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Milestones with Deliverables + Timeline
We hope that Abel finance will be a fully autonomous community project, so it’s not a timeline, it’s a to-do list, and we’ll divide the to-do list by stages. Once the community and voting system improved, the work sequence and subsequent development within the stage will be decided by the community autonomy.Stage 1
- Complete the overall plan of product
- Development of related protocols
- Official website launched
- Internal testing of protocol
Stage 2
- The launch of beta version Abel in APTOS devnet
- Airdrop plan for beta activities
- Lending and Borrowing
- Develop and test LP pool
- Design the model of the DAO
- Preparation for launching APTOS Mainnet
Stage 3
- Deployment of the APTOS mainnet (Abel V1.0)
- The distribution of beta airdrops
- The airdrop plan launched on the mainnet
- Support LP lending
Stage 4
- Launch of APTOS V2.0 support NFT lending
- Voting for support more coins
- Improve user experience
- More open community autonomy
- Cross-chain lending
- More feature - Charts
- Move all asset price oracles to Chainlink
- Team: Skills, Experience & Motivation
- Technical Architecture Overview, if applicable
- Key Risks & Challenges
Stage 5
- Launch of APTOS V3.0 support Cross-chain lending and borrow
- Personal dashboard
- Faster website
- Customized user profile
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Team: Skills, Experience & Motivation
Total Team Number 7 people
5 Developer + 2 Community
Core Member
Jack - About 6 years of experience in blockchain development, Ethereum community developer, rich experiment in cross-chain, smart contract and lending agreement.
Cyber - About 5 years back-end develop experience, Former Binance employee. -
Technical Architecture Overview, if applicable
Social Media:
Twitter: https://twitter.com/abelfinance
