Helpi DeFi

Our Platform
Our Mission
Our Journey
The Helpi Team
Connecting to Wallets
Staking Pools for Celo and cUSD
Stablecoins swaps for users to send Tokens
Vesting - Allowing users to claim fraction of their rewards every 3 days.
Accessing Stable coins through Celo
Contribution feature for users to help each other in earning rewards

Inspiration

The economic situation in India and Colombia economically in a post-pandemic scenario has been in terms of power purchase parity, citizens are using currencies that are extremely devaluated according to international standards. If you add the high interest rates that are customary in the financial institutions in both countries and the lack speaking and Instituional Banks

What it does

Helpi DeFi is a decentralized protocol that allows people from developing countries take advantage of the increasing benefits of the DeFI space by depositing fiat currency backed Stable Coins. The protocol encourages longer holding time through the Vesting smart contract that allows users to claim their earned rewards every 3 days instead of instantaneous withdrawals to prevent Whales from pumping and Dumping the tokens and affect its value.

It accrues interest in Farms and enables swapping operations between stablecoins

How we built it

This project was built on the Celo Network and the smart contracts governing this protocol were developed on Solidity. To interact with these smart contracts, the project was built on React while the User-Interface utilizes a tailwind CSS package. All the contracts on this protocol are currently deployed on the Alfajores Testnet.

Challenges we ran into

scalability catching on with the rapid pace of development teams in different ecosystems

Accomplishments that we're proud of

To implement a smart contract vesting in the Farms and Staking Pools and to deploy oracles with data feed for stablecoins different than dollars and euros (in this case colombian peso and rupee)

What we learned

The potential in DeFi implementation has just starting in Celo and we're willing to be part of this revolution.

What's next for Helpi DeFi

In Helpi, we have an ambitious roadmap. After our experience in the Hackathon, we are going to launch a pre-sale of the Helpi token with an added value promise behind it (focused in India and Latin America mostly); after that, the staking pools and farming pools will be officially launched with at least two audit contracts supporting our project.

Another milestone is to deploy oracles with data feed for stablecoins different than dollars and euros. In this case, we create in our platform a swapping feature for Colombian peso and rupee synthetics as a first attempt in our countries to do something similar.

With that, we're going to be linked to LPs in DEX in Celo such as SushiSwap and Ubeswap, and yield aggregators such as YieldWolf. We also have alliances with Whaleroom and CeloStarter to facilitate our go-to-market strategy.