KINXP

This project is a cross chain lending protocol that connects liquidity between blockchains, starting with Ethereum and Hedera. Users lock assets on one chain and receive USD on Hedera.

At launch, Ethereum is the source chain. Users deposit tokens into a smart contract on Ethereum. After the deposit is confirmed, the system issues USD denominated tokens on the Hedera network.

Blockscout is our source of truth for transactions and events. The frontend uses the Blockscout App SDK for frontend deployment. We run a Blockscout instance deployment for Hedera Testnet. The backend uses a Blockscout MCP service to fetch chain data and produce risk signals and transaction analysis before borrow and repay.

KinXP is a cross chain application. Users deposit ETH on Ethereum. The contract reads the ETH to USD price from Pyth to calculate how much USD credit can be issued. It then sends a LayerZero message to Hedera, where the Hedera contracts mint a USD denominated token called hUSD to the user.

When the user repays hUSD on Hedera, another LayerZero message confirms repayment on Ethereum. After that confirmation, the Ethereum contract unlocks the ETH collateral so it can be withdrawn. If the loan to value limit is exceeded, the Ethereum side can cancel the order and stop new repayments.

The interface integrates Blockscout for full on chain visibility. Autoscout links let users open transactions and addresses directly in Blockscout, and the App SDK keeps history and notifications inside the app. The backend uses a Blockscout MCP service to read on chain data and generate risk summaries before borrow and repay. The system uses the Hedera Smart Contract Service and the Hedera Token Service for all the Hedera contracts.