Crypto Lending and Hedge Fund Platform (Liquifi)

Authors

  • Abhishek Singh
  • Prajwal Vijaykumar Mali
  • Siddhi Thakare
  • Srijita Bhattacharjee

Keywords:

Ethereum, collateral, liquidate, lending, time-consuming process, peer-to-peer (P2P) lending, real-world assets (RWAs)

Abstract

Obtaining loans from traditional financial institutions can be a challenging and time-consuming process that often requires significant collateral. For cryptocurrency holders, liquidating their holdings can be even more difficult due to taxes, transaction fees, and potential losses in invested capital. To address these challenges, we have developed Liquifi, a decentralized peer-to-peer lending platform that utilizes Ethereum's smart contract technology to facilitate secure and cost-effective borrowing and lending. Lenders on Liquifi can deposit and lend cryptocurrencies to borrowers, who may choose to invest the loaned funds in hedging strategies to maximize their returns. Our platform provides a comprehensive suite of borrowing and lending options tailored to the needs of various users, ranging from experienced cryptocurrency traders to novice investors.

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Published

2023-06-14

Issue

Vol. 14 No. 1 (2023)

Section

Articles

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