Stormbit
Stormbit on Morph L2: Simplifying loans for you. Connects lenders & borrowers directly, cutting out banks. Secure, accessible, and now with free liquidations for swift, hassle-free transactions.
Project Description
Introducing Stormbit on Morph L2 - where we're revolutionizing loans for the everyday user. Our platform strips away complexity, hooking you up directly with lenders or borrowers, no bank required. Think of it as your gateway to straightforward, secure, and accessible financial services, tailored for the modern consumer.
How it's Made
Building Stormbit:
Blockchain: Utilized MorphL2 with Alchemy for node services. Smart Contracts: Developed using OpenZeppelin's secure standards in Solidity. Frontend: React with TypeScript for user interaction. Backend: Node.js with Express.js for API management. Free Liquidations: Automated, no-cost liquidations via a self-sustaining fee pool. Modular Design: Enhanced by OpenZeppelin's modular contracts for flexibility.
