First Flight #21: KittyFi

First Flight #21
Beginner FriendlyDeFiFoundry
100 EXP

KittyFi, a EUR pegged stablecoin based protocol which proactively maintains the user's deposited collateral to earn yield on it via Aave protocol. With KittyFi, the collateral deposited by user will not just remain in there for backing the KittyCoin but will earn yield on it via Aave protocol. By utilizing the interest earned on collateral, the protocol will reduce the risk of user getting liquidated by equally allocating the interest earned on collateral to every user in the pool.

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Rewards breakdown

nSLOC
224
This contest has a flat reward structure with the following payouts:
High
100 EXP
Medium
20 EXP
Low
2 EXP

Contest Details

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