Aave Credit Delegation
The project is a type of planetary real estate software for future cities to bootstrap local economies with stable currencies to fund development projects. It uses an embedded biofeedback data component to create positive feedback loops on incentives in wellbeing and shared biological progress. The target audience would be for local municipal governments, research institutions, and forward looking technologists with crypto wishing to move to new land developments, funded by delegating credit. The software allows projects to be selected in local economies, by tying in new forms of mediums when considering bioregionalism and nation state governance in the form of NFT warrants for property assignment, issued at the time of borrower approval. By embedding funds into forward thinking infrastructure projects as a type of habitable circulation, we can create positive sum pools and reroute built attention in protocols, back to places of matter.
How It's Made
The project uses credit delegation from AAVE to give borrower power in the form of stable currency. The loan has an embedded put option that allows the delegator to sell an NFT at a future price based on an off-chain Chainlink calculation, while escrowing the full funds from the borrower in the intermediary at the time of issuance. The NFT has a commit-reveal-redeem component using Ethereum signatures that facilitates the process of delaying access to a data swarm built on Dat project (possible switch to IPFS in future) from biofeedback data supplied by a Blueberryx device, after the signature has been revealed on chain. In the hack, borrowed Threejs canvas constructs were used in order to create the aesthetic for futurist real estate simulations (possibly in a virtual reality world first) while being able to be exported to in-home hologram kits. Current status is 75%. The smart contracts are not 100% connected with the frontend, but have almost complete tests in the backend.