AllanM007 / bKES-contracts

Overcollateralized Stablecoin Lending Protocol (Won Polygon Buildit 2022 Summer Hackathon)

Welcome to bKES 👋

bKES is a stablecoin lending protocol on Polygon that accepts MATIC/USDC and OpenSea NFTs as collateral when a user creates a debt position and mints bKES(an overcollateralized stablecoin pegged 1:1 with the Kenyan Shilling). The protocol enables precise debt-collateral ratios thanks to chainlink's API consumers and prevents negative debt positions thanks to user-incentivised liquidations on the platform by allowing anyone with MetaMask to liquidate a position whose health factor(debt-collateral ratio) is low and get a cut of the positions' collateral.

🏠 Homepage

✨ Demo

Install

npm install 

Usage

npx hardhat

Run tests

npx hardhat test

Author

👤 Allan

• Website: https://github.com/AllanM007
• Twitter: @0xAllan
• Github: @AllanM007

🤝 Contributing

Contributions, issues and feature requests are welcome!
Feel free to check issues page.

Show your support

Give a ⭐️ if this project helped you!

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