metadata: {"type": "project", "title": "Loanshark", "logoImg": "bafkreibwb7meprjcddowh6huyfl2alpb5ue7fdu5epmx4dirzijgclsz5u", "website": "https://loanshark.tech", "bannerImg": "bafkreidwkolr6cny37ig2agowjkeaellw557g4bo7owvntti477nrjf56i", "createdAt": 1670876050599, "userGithub": "loansharktech", "credentials": {"twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..POXI1kY-8lfbJou_c4XbXMHgz5sPfwN-voIojZgoxn5QXIMr_aEs3rJ9Etmu-19cP6dr-yDQAMKpsGq6DXsGBQ", "type": "Ed25519Signature2018", "created": "2022-12-12T20:13:45.256Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2022-12-12T20:13:45.256Z", "expirationDate": "2023-03-12T20:13:45.256Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x7D658841f8Ba93299970f6e765C2CE205f1E70DD", "hash": "v0.0.0:OUB+ebABvwHHvZO+q2F//GeYpzZqMJ2bN2kI1+SEgRM=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#loansharktech"}}}, "description": "## Loanshark\n\n[Loanshark Discord](https://discord.gg/tbSEWQYMKV)| [Loanshark Twitter](https://twitter.com/loansharktech) | [Loanshark Medium](https://loansharktech.medium.com/) \n\n### Introduction\n\nLoanshark Core is the first lending protocol with a risk-isolated lending pool strucutre on Scroll. We'll be launching on Scroll Mainnet in September!\n\nWe are incubated by the [Polygon X HyperNest DeFi accelerator](https://www.f6s.com/polygon-hypernest-defi-accelerator-2023) and are listed as a DeFi integration currently on [Scroll](https://scroll.io/ecosystem). \n\n### Our Motivation\n\nOur team has identified several key issues with the current state of DeFi money markets:\n\n- High-quality collateral assets, such as Uniswap V3 LP, are not widely supported.\n- Manual operations are time-consuming, error-prone, and result in low capital efficiency.\n- Poor user experience due to a lack of support for tools like automation/notification systems that can help users stay informed.\n\n### Our Solution\n\nLoanshark addresses these challenges by providing the following features:\n\n- A money market with independent risk-based pools that offer superior capital efficiency.\n- Automated borrowing position management, including liquidation protection triggered by user pre-set conditions and one-click looping.\n- A built-in notification system to keep users informed.\n\n![](https://2164949871-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FcvJRm0pEtrF6Rzz4Gyaz%2Fuploads%2FmYhxs2wBmHQnHqigGY92%2FScreenshot%202023-08-05%20054254.png?alt=media&token=a0daeec1-3609-4bf6-8bf3-75ce59b26f15)\n\n ### Journey since GR14\n![](https://c.gitcoin.co/docs/226cec144cddb5fc20479980f0002d22/Group_35.png)\n- Joined \"Startup with Chainlink\" Program\n- Demoed on Binance Live \n- Launched our closed beta \n\n ### Journey since GR15\n ![](https://lh4.googleusercontent.com/RpkXjBnGFhE-YrmUKXWspnCvi7NHxuwzA7oQrf9gn2H7goU6DSVaWXmthwQP923s9dQdIpuCK9kOnez92xjl5S_VLURQYnRC9kpxZHZp7e-ur0MR6OdqpatScX1QXrmulm2FnptSD11P8BQPrYlgqeg5cT0HAYT6h7OPYatfZObNPBofbKkCmPjgsw)\n- Added automatic debt repayment as a possible workflow action\n- Rebranding with a complete UI refresh\n- Added action history and analytics\n\n ### Jounrey since Gitcoin Alpha\n![](https://lh3.googleusercontent.com/ju9JcwN8UZgO8TBCqGpvz9LtvXYjT0dMjI_5iHqsIUosktm1ZuR5CXU-OfNruXck-7B86lpAyiZGJ71ORAb4F6yt1RhbifflTIwGsUxj2bhaMU0emrqfnyaIm8EmHz6K68yBY2LcZ9AmnQUqxfTucHY)\n- Launched the first verison of automation toolbox\n\n### Jounrey since Gitcoin Beta\n![](https://uploads-ssl.webflow.com/6433e6f821ae13dd37394322/648b7913800d609615619a10_Frame_1000002374BOOM.png)\n- Joined Polygon DeFi Accelerator (HyperNest)\n- Loanshark Core Mainnet on Scroll in September!", "logoImgData": {}, "bannerImgData": {}, "projectGithub": "loansharktechteam", "projectTwitter": "loansharktech"}
name: Loanshark