traditional bond market is illiquid and less transparent . issuance of bonds requires multiple entities to determine the issuance debt price , interest rate , redemption details require bunch of offchain services / oracles . so in order to solve the inefficiencies and provide more transparency my collagues created the standard EIP-3475. and my aim for starting this project is to drive mainstream adoption in DeFI by integrating with DeFI lending protocol .
What it does
it allows the lending and borrowing on all the diffferent type of collaterals defined by the Multitoken library
How we built it
i build using solidity and hardhat integration
Challenges we ran into
understanding the mechanism and integration with the specifications .
Accomplishments that we're proud of
i was although not able to implement the MVP , but still understanding the functioning of pwn.finance was great experience .
What we learned
issuing loans p2p on pwn (nft lending )etc .
What's next for integration of EIP-3475 bonds with pwn.finance (WIP)
to implement MVP :) . link is here https://github.com/GrandGarcon/EIP-3475-prague-hackathon
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