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Project Title
TriAngle DAO: Making Trustless Finance Accessible To Everyone. -
Project Description
TriAngle DAO is a decentralized autonomous organization that provides trustless financial services to all DeFi users and unbanked individuals around the globe, by leveraging the power of blockchain technology and smart contracts.
TriAngle DAO launches TriAngle Protocol, a decentralized borrowing and lending protocol offering CFX-backed collateralized stablecoin AUSD on Conflux Network designed to support existing DeFi users on Conflux, by providing interest-free liquidity with a one-time borrowing fee and a minimum collateral ratio of only 110%. -
Link to Grant Proposal
https://forum.conflux.fun/t/grant-proposal-application-triangle-dao-the-borrowing-and-lending-protocol-for-cfx-backed-algorithmic-stablecoin/11086/21 -
Link to Website and social media channels
Official Website: https://www.triangledao.finance/
Twitter: https://twitter.com/TriAngle_DAO
Medium: https://medium.com/@triangledao
Telegram: https://t.me/TriAngleDAO
Discord: https://discord.gg/g6pFX8WQE5 -
Link to Github
Github: https://github.com/triangle-dao -
Conflux Wallet Address
Please contact team -
Grant Description
The purpose of the grant is to support the development of the TriAngle Protocol to the Conflux ecosystem and increase community engagement. -
Grant Funding Tier
Approved Tier 1 -
Grant Budget, Milestones and Key Deliverables
Milestone 1: Community onboarding
1a. New post in grant awardees outlining grant+ Milestones
1b. AMA with English community in Conflux Discord/ Telegram
1c. AMA transcript posted in Conflux Grants Forum
Milestone 2: Website and Social Channels
2a. Website UX/ UI/ Translation review
2b. Launch Website
2c. Launch global social channels (Discord, Telegram, Twitter)
Milestone 3: Testnet Deployment
3a. Forked Liquity protocol repo
3b. Deployed on Conflux testnet successfully
Milestone 4: Demo App
4a. Functions include lending, borrowing, stability pool, stake pool, liquidation, redemption
4b. Internal testing and reporting
Milestone 5: Marketing- $5k
5a. 1 Medium Article
5b. Active social channels (Twitter, Discord)
5c. At least 100 Twitter followers -
Grant Status + Recent Updates
Tier 1 Grant Approved, will apply for Tier 2 grant after Tier 1 completion.
Recent Updates:
Website: https://www.triangledao.finance/
Medium: https://medium.com/@triangledao
Twitter: https://twitter.com/TriAngle_DAO -
Milestone Updates, including links for a milestone review
All the technological sides of Milestone 2, 3, 4 are already achieved. (including website v0.1 - https://www.triangledao.finance/ and demo app - https://testnet.triangledao.finance/ please switch the network to Conflux testnet for demo experiencing)
Marketing and community engagement of milestone 1 & 5 are in the process. Recent update: Medium: https://medium.com/@triangledao
Thanks again @Grants_Committee for the confidence in our project!
