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ParkGHO Family

Revolutionizing Sustainable Mobility & Road Safety using GHO Faciltators, Vault and Payments, Family Wallet & Chainlink CCIP

ParkGHO Family

Created At

LFGHO

Project Description

Opportunity: Enhancing road safety through smart incentivization of incident reporting by citizens.

Problem: Rising road incidents and the need for early detection and prevention by better incentivizing citizen developers. Ability to sustain citizen initiatives by decentralized QR code based affiliate marketing for merchants.

Solution: AAVE Blockchain-based ecosystem focused on sustaining citizen initiatives on road incident prevention using GHO stablecoin, Family Wallet and Chainlink CCIP integration and Chainlink Functions for road incidents dynamic NFTs.

Core Objectives: GHO based Vault and Facilitator: Decentralized platform for incident reporting and summarization by citizens. Smart incentivization using GHO stablecoin, Family Wallet and Chainlink CCIP integration with QR code dapp. Community-driven approach to improving road safety backed by AAVE protocol. Integration of advanced technologies for incident summarization, detection and prevention.

Vercel site: https://park-gho-family-project-deploy.vercel.app/

GHO stablecoin Pay using a decentralized wallet solution built using Connectkit (Family wallet apis) supporting integrations AAVE protocol and GHO stable coins, Chainlink CCIP.

  • Effortless DeFi and NFT integration for a decentralized financial future.
  • Securely send and redeem GHO based stable coins with an expiry for redemption.
  • Purchase Ethereum based tokens using credit and debit cards, as well as various crypto assets for South Asian countries where the majority of tokens cannot be withdrawn from exchanges to wallets.
  • Seamless management of fiat and crypto payment options across desktop and mobile platforms.
  • User-friendly interface for convenient navigation and control over your digital assets.

Vercel Deployment: https://park-gho-family-project-deploy.vercel.app/wallet

We are developing CCIP Cross Chain Incident NFT for enabling Incident QR Code + Incident Report as a Service. Our CCIP module enables how to mint an NFT on Aave from Ethereum using Chainlink CCIP. Please visit https://drive.google.com/drive/u/1/folders/1fgDkLeLEqng1YvVU6XcCkdUm0ejmsTXZ

Workflow for enabling Aave adoption using GHO based Aave lending and payments, Loki Protocol project template for Aave credit delegation:

Citizens can invite their friends to join the transport volunteers community. Once they join, they need to deposit 9.90 GHO on a monthly basis. The money is automatically invested in Aave lending pools. Volunteers who miss their payments are sent 3 reminders. They can withdraw what they deposited, but won't get any of the interest. Their interest is divided for remaining players. Volunteers have a strong incentive to invite their friends and make the initiative go viral. For every referral they make, they get a 1.5% bonus, and for every second level referral they get another 1% bonus. The bonus is calculated on the interest.

Incident Analytics integration with EtherCalc using ConnectKitXLS and CCIP, Chainlink Functions.

How it's Made

We are developing a facilitator for the Aave GHO ecosystem to tackle both challenges of citizen participation for reporting road incidents and better incentivization for citizen developers focused on safe mobility solutions:

  • Collaborative Decision by Aave Governance This enables determination and allocation of a Facilitator to a specific Bucket capacity to enable bootstrapping of GHO liquidity and the GHO market.

Facilitator

  • This role enables generation and burning of GHO tokens in a trustless manner;
  • Each Facilitator is allocated a Bucket with a specified Capacity;
  • Using Ethereum or Ethereum based ERC20 tokens as collateral for GHO;
  • Collateral can be provided cross chain via Chainlink CCIP to mint GHO;
  • Citizen is able to ERC20 tokens as collateral and they can send their assets (collateral) to Aave protocol to earn an interest.
  • Cross chain interoperability using Chainlink CCIP.

Please visit Please visit https://drive.google.com/drive/u/1/folders/1fgDkLeLEqng1YvVU6XcCkdUm0ejmsTXZ

We are also developing a decentralized Wallet solution built using Connectkit, Chainlink CCIP, AAVE protocol and GHO stable coins:

  • Effortless DeFi and NFT integration for a decentralized financial future.
  • Securely send and redeem GHO based stable coins with an expiry for redemption.
  • Purchase Ethereum based tokens using credit and debit cards, as well as various crypto assets for South Asian countries where the majority of tokens cannot be withdrawn from exchanges to wallets.
  • Seamless management of fiat and crypto payment options across desktop and mobile platforms.
  • User-friendly interface for convenient navigation and control over digital assets.

Vercel Deployment: https://park-gho-family-project-deploy.vercel.app/wallet

CCIP Cross Chain Incident NFT as a QR Code

We are developing CCIP Cross Chain Incident NFT for enabling Incident QR Code + Incident Report as a Service. Our CCIP module enables how to mint an NFT on Aave from Ethereum using Chainlink CCIP.

Workflow for enabling Aave adoption using GHO based Aave lending and payments, Loki Protocol project template for Aave credit delegation:

Citizens can invite their friends to join the transport volunteers community. Once they join, they need to deposit 9.90 GHO on a monthly basis. The money is automatically invested in Aave lending pools. Volunteers who miss their payments are sent 3 reminders. They can withdraw what they deposited, but won't get any of the interest. Their interest is divided for remaining players. Volunteers have a strong incentive to invite their friends and make the initiative go viral. For every referral they make, they get a 1.5% bonus, and for every second level referral they get another 1% bonus. The bonus is calculated on the interest.

Please visit https://github.com/seetadev/ParkGHO-Family/tree/main/Aave-GHO-Lending-Loki and https://drive.google.com/drive/u/1/folders/1fgDkLeLEqng1YvVU6XcCkdUm0ejmsTXZ

Incident Analytics integration with EtherCalc using ConnectKitXLS and CCIP, Chainlink Functions.

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