Welcome toScaffold-ETH 2(SpeedRunEthereum Over-collateralized Lending extension)

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๐Ÿ’ณ๐ŸŒฝ Over-collateralized Lending

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๐Ÿ’ณ Build your own lending and borrowing platform. Let's write a contract that takes collateral and lets you borrow other assets against the value of the collateral. What happens when the collateral changes in value? We will be able to borrow more if it is higher or if it is lower we will also build a system for liquidating the debt position.

๐ŸŒŸ The final deliverable is an app that allows anyone to take out a loan in CORN while making sure it is always backed by it's value in ETH. Deploy your contracts to a testnet then build and upload your app to a public web server. Submit the url on SpeedRunEthereum.com !

Tinker with your smart contract using the Debug Contracts tab.

Explore your local transactions with the Block Explorer tab.