[ ] What you do: Working on payments in energy sector on top of blockchain rails. Experience in Solidity, had exposure to L2 stuff, familiar with full tech stack.
[ ] How you got first into Ethereum: Micropayments got me here.
[ ] What brings you to ETHBerlin: Fun.
Idea description
Would like to build a mom’s deposit account with a fixed interest rate. On one side there is a mom that seeks for protection against variable interest rates, and gets her N% no matter what. The other side is a counterparty willing to play on the spread between the floating (Compound, dydx) and fixed (mom) rate.
Both parties profit if float>fixed. The conterparty profits immensely. The mom gets her stable rate. If float<fixed, well the counterparty loses the fixed rate amount owed to the mom.
Economic model seems clear, solidity part seems ok, help with user interface and wording is highly welcomed.
Skillset
What skills do you need, or think you might need to implement the idea?
Introduction
Idea description
Would like to build a mom’s deposit account with a fixed interest rate. On one side there is a mom that seeks for protection against variable interest rates, and gets her N% no matter what. The other side is a counterparty willing to play on the spread between the floating (Compound, dydx) and fixed (mom) rate.
Both parties profit if float>fixed. The conterparty profits immensely. The mom gets her stable rate. If float<fixed, well the counterparty loses the fixed rate amount owed to the mom.
Economic model seems clear, solidity part seems ok, help with user interface and wording is highly welcomed.
Skillset
What skills do you need, or think you might need to implement the idea?
Communication
Riot: @ukustov Telegram: @ukstv