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Updated milestones #27

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26 changes: 9 additions & 17 deletions #1/Simplifi.md
Original file line number Diff line number Diff line change
Expand Up @@ -3,41 +3,34 @@
A platform of decentralized pools for short-term lending and borrowing services. At Simplifi, we provide a groundbreaking approach to peer-to-peer group lending and borrowing that combines inclusivity, transparency, and control. While other lending platforms rely on centralized liquidity pools with predetermined and algorithm-driven interest rates, Simplifi flips the script.

## Former Participation in Celo Hackathons
Simplifinance has not been pariticipated in any of the Celo hackathons.

- Link to hackathon submission : NA
Simplifinance has not pariticipate in any of the Celo hackathons.

## Goal for this Proof of Ship
Sequel to research we conducted, in a bid to create excellent user experience via intuitive easy-to-use interface, protocols, and techologies, our goal is to convert Simplifinance to a user-friendly Celo-AI-Safe-powered deFi app to reduce deployment and interaction costs, improve and smooth UI/UX, and better code optimization leveraging bot and miniApp, AI models/agents, Safe protocol, and the Celo blockchain. We have set out the following milestones to help us achieve the set goal.

Simplifinance owns a Web App, Sequel to research we conducted, and in a bid to reach out to more users via an intuitive easy-to-use interface, our goal is to develop a mobile-friendly AI-powered Telegram bot and miniApp (taking bot as first on the list) to onboard more users driving more traffic to our product. As part of our to-dos, we have set out the following tasks to help us achieve our set goal.

Feb.2025 | W1 | W2 | W3 | W4
-------- | -- | -- | -- | ----
**-** | Team brainstoring session :heavy_check_mark: | Feature setup | AI and backend integration | Feature finalization and testing
**-** | Idea workout and finalization :heavy_check_mark: | Interface design | Continuous integration | Final iteration
**-** | Planning, technology, and feature design :orange_circle: | Buidl and implementation | Code optimization| Rounding up
**-** | Feedbacks and improvement | Feature serialization and Smart wallet integration | | Submission
Tasks | 1 | 2 | 3 | 4 | Status
----- | - | - | - | - | ------
**Wk 1** | Team brainstoring session | Idea workout and finalization | Planning, technology research, and feature design | | :heavy_check_mark:
**Wk 2** | Project setup & Restructing | Buidl and implementation | Feature serialization and Smart wallet integration | First iteration | :orange_circle:
**Wk 3** | AI integration | Second iteration | Code optimization| |
**Wk 4** | Feedbacks and improvement | Rounding Up | Final iteration | Submission |

**LD**

:heavy_check_mark: | **Completed**
------------------ | -------------
:orange_circle: | **Ongoing**
:red_circle: | **Canceled**


## Detailed description of the work you did during the contest

- Link to PR for feature 1 - Incoming

## Problem

- High interest rate monopoly.
- Centralized and rigid liquidity pattern.
- Low transparency and exclusion (especially for the lower class of users).
- Low transparency and financial exclusion (especially for the lower class of users).

## Solution

- Near-zero interest loans via peer-funding mechanism.
- User-driven liquidity pool through our FlexPool design.
- Enhanced flexibility and inclusion for all class of users.
Expand All @@ -57,7 +50,6 @@ In the future, our plan is to have Simplifinance run on multiple chains
- Stablecoin (test) - __0xF0046e26E286f966F77fFC6F408eD00949092Ccd__ (Unverified)

## Team

- Isaac J
- __[Github](https://github.com/bobeu)__
- __[Email](mailto:[email protected])__
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