Headen Finance

Headen Finance intends to bring you a multichain lending and borrowing protocol where you can deposit/borrow funds on a chain and can borrow across any chain Headen Finance is present in.

A full rundown of the features Headen Finance gives you are

• Credit-based lending: You can borrow multiple time without collaterals up to 70% of your total staked assets value aggregated across chains.
• Staking of Liquidity tokens and earn interest to cover your impermanent loss
• Multi-chain lending: You do not need to move your liquidity from any chain to tyour needed. You ust stake and have access to lending on any chain without withdrawing and bridging
• Credit score for users and a user with >80% credit score can borrow up to 90% the total staked assets instead of 70%.
• Some Popular and Verified NFTs collections can be used collateral
• Mobile focused easy to use application: You do not need to use a complex UX designed application to borrow or lend :) Desktop version is also available for the degens.
• Semi-fixed interest rate with fixed band of variations
• Higher APYs than competitions

It uses

• DeBridge: For Liquidity Balancing of contracts on different chains: ETH (1000 USD) & MATIC(500 USD) <-> ETH(750USD) & MATIC(750USD) on request
• MultiChain for withdrawing your token to any other chain
• HyperLane (Abacus): Cross Chain Communication of contracts to allow other contracts on their chain to record the new user details
• Moralis Event triggers Cloud Function: Cross Chain Communication between contract
• ChainLink Keepers & OpenZeppelin Relayers: For automating some functions (rates and USD updates) as relayers
• ChainLink USDC Data Feed
• Polygon Chain: Parent Chain
• Solidity for smart contract development
• Eth, Arbitrum, Optimism: Child Chains
• React and Rainbow kit for frontend
• Nodejs for cloud function backend