GetSet GHO

With GetSetGho, users can stake GHO and gain immediate access to tokens whenever required. This functionality means that they are only one click away from becoming active users on any new dapp whenever they desire, without needing to go through the hassle of re-balancing their crypto-assets.

Today, every time we want to transact on a new decentralized application (dapp) on a different blockchain, we have to re-balance our crypto-assets. For instance, if we are holding ETH, and we wish to use a Dapp on Matic or SOL, we need to initiate the process by swapping or bridging our tokens to make sure we have the correct ones to access a new experience. This process causes unnecessary friction, which may discourage potential users from using dapps, especially if they are just consumer-based and not involved in trading.

This project uses GHO as a collateral. The project's frontend is built using standard Reactjs. The project directly interacts with the smartcontracts. There is no API backend that it talks to. The smarcontracts are written in solidity. It connects wiht the smartcontracts using the Metamask SDK. The relayer is built using Etherscan APIs. It reads the events from the Staking smartcontract and accordingly disburses the required tokens to the user's wallet.