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Insurance UI for cosmos based chains #87

Open dvdmrs09 opened 1 year ago

dvdmrs09 commented 1 year ago

RE-fund

Project Description

RE-fund application based on Cosmos that provides a safety net for users of the Cosmos ecosystem. It incentivizes users with rewards and provides an insurance mechanism that can secure a percentage of assets in the event of a de-peg or global event that affects the entire crypto ecosystem. The project is designed to minimize the damage caused to users in the event of a catastrophic event while providing a layer of protection against losses. With "RE-fund", users can rest assured that their assets are safe and secure, even in the face of extreme market volatility. Its perfect for those looking for a secure way to protect their investments in the ever-changing crypto space.

Problem / Solution

  1. Provide users with a secure and reliable way to protect their investments in the crypto space.
  2. Reduce the risk of losses due to extreme market volatility. 3. Create an insurance mechanism to ensure a percentage of users’ assets in the event of a de-peg or global event.
  3. Incentivize users with rewards for using the product. 5. Increase user confidence and trust in the Cosmos ecosystem.

    Detailed product description

interface for insuring assests based on staked percentage like an insurance policy which then in the worst case scenario you aren't left with nothing.

Go-to-Market plan

The benefits will have a lasting effect on all SCRT holders which decide to participate in the protocol

Team members

Team's experience

Blockchain engineer and Network systems Administrator with over 10 years of experience.

Team Code Repos

Team LinkedIn Profiles

*https://www.linkedin.com/in/david-myers-0916b915a/

Development Roadmap

We will require 2 months to complete this project. We intend to have 1 developers full-time at a total cost of $25,000.

Example milestones:

Ideally, we can receive payments in 3 disbursements, one at the beginning of the grant, one after implementation and last payment when the development work is completed.

We would be willing to consider part payment in SCRTs, up to 35%.

Additional Information

N/A.

YonatanE22 commented 1 year ago

Thank you for applying for a grant, @dvdmrs09. Contact me via TG @Yonatan_SCRTLabs