InterXchange

We have two different user types: lenders and borrowers.

Borrowers: The InterXchange platform offers a straightforward landing page for user navigation. You may verify the supported NFTs on InterXchange without having to connect your wallet, and its smart contract is powered by the Filecoin virtual machine, on the landing page.

You are greeted by a simple dashboard after wallet connect, this dashboard has all the information to you and your net worth.

If they are supported by InterXchange, you can supply the NFT to be able to borrow by going to the supply board to examine the available NFTs in your wallet on the current network. Our team created a unique oracle and marketplace to power this feature.

You can borrow up to or less than the network worth of your NFT after supplying your NFT. After that, you can borrow any Erc20 that is still available, with the APY and return period taken into account.

In order to gain interest on other procedures, borrowers might stake the money they have borrowed. Then they can repay the lenders before the deadline, failing which their collateral NFTs will be liquidated and the proceeds used to repay the lenders.

Users may access marketplaces for erc20 and Nfts to stay informed about the activity taking place on the platform.

Lenders: Lenders join the platform with a straightforward user interface to supply liquidity so they may charge borrowers interest. When a liquidity source is provided, they are presented with the choice of the toke they wish to offer, the quantity, and the APY, a Lp token or Nfts to demonstrate that they have provided liquidity on the platform.

They can burn and claim their capitals and interest earned on interXchange in order to recover their liquidity using their LP tokens.

The website powered by HTML, CSS & react, which use a Web3uikit for connecting the wallets. Moralis for Reading NFT and token balance in the wallet. We made use of filecoin storage for storing metadata minted to Liquidity providers. The smart contract is made of an oracle and marketplace.

The oracle determines a real and fair price between NFTs and Erc20 assets, while the marketplace handles the borrowing lending of the assets