Team Weivy
Learn DeFi with friends by staking your ETH and pooling interest with fun wagers/bets
Project Description
NOTE: Had to drop off from the project due to team personal issues.
We're building the easiest way to share DeFi with friends and earn yield!
Users can participate by staking some ETH into a shared pool. The pool earns yield using decentralized lending protocols like Aave/Compound. The generated yield gets split up into friends based on fun wagers/bets, such as a random lottery or on the outcome of a sports game. At any point, users can get their initial staked ETH back from the shared pool.
How it's Made
NOTE: Had to drop off from the project due to team personal issues.
Initially we were planning to create a way for multiple people to link up their wallets, interact with a main smart contract, and pool together funds to engage in DeFi activities together.
We used a React front end to display the website.
We wanted to first create a place where you could pool money, and a random winner was chosen to win the money. The next step was to link it with Aave/Compound to earn interest and have the yield generated go to a random winner.
