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Borrow USDC with staked tokens.
Inspiration
Borrowing fiat-backed stablecoins using proof-of-stake tokens as collateral.
What it does
Use your staked L1 tokens as collateral to borrow USDC.
How I built it
SudoStake smart contracts are currently running on the Archway and NEAR protocols.
Challenges I ran into
Writing and testing smart contracts.
Accomplishments that I'm proud of
SudoStake, a new platform, has recently been launched on the NEAR testnet.
What I learned
Defi will win.
What's next for SudoStake
Smart contracts expansion to support more chains.