INT
EARN INTEREST ON YOUR ETHEREUM HOLDINGS
Problem Statement
Launch a token with a chain of your choice with a fixed supply and a notional value.
Inspiration
In this current scenario, when the attention has shifted away from the energy-intensive bitcoin blockchain to the ethereum blockchain, allowing traders to lend their ETH holdings and earn interest on the same will be welcoming.
##Important Values Total Token Supply: 1000000000
Value of Token: 0.001 ETH
InterestPerSecond = 31668017 * (Ether Deposited / 1e16)
What it does
Our project allows traders to lend their ethereum holdings and earn interest on the same. Deposits are made in the form of Ether. The interest is given in the form of INT interest token, based on the formula: interestPerSecond = 31668017 * (Ether Deposited / 1e16)
📥 Installing and Executing locally
- Clone the repository.
git clone https://github.com/hashirpm/int.git
-
Go to the cloned directory (e.g.
cd int). -
Run
npm installto install all the dependencies. -
Open Ganache in your local machine.
-
Run
truffle migrateto deploy smart contracts. -
Login to your MetaMask and add Ganache to your Metamask networks.
-
Import your first account in Ganache to your MetaMask wallet by copying your Private Key from Ganache.
-
Inner the folder of the cloned project, start the application :
npm run start
-
After that, the command will start a local server instance (http://localhost:3000/) in your browser.
-
Connect MetaMask to your localhost.
-
Deposit ETH and earn your INT token.
How we built it
Using Solidity, Web3.js, React.js, Truffle, Ganache
Contributors
| SR No | Author |
|---|---|
| 1 | Muhammed Hashir |
| 2 | Rosemary Benny |