not approved
ADD.xyz's DeFi Mobile Money Bridge
Current Project Status
unfunded
Total
amount
Received
amount
Received
$0
Total
amount
Requested
amount
Requested
$85,000
Total
Percentage
Received
Percentage
Received
0.00%
Solution
We propose to build the first ever MTN/Mobile Money Bridge to DeFi in Nigeria/Kenya using Mobile Merchant On-ramps and lending protocols.
Problem
APY’s of financial products in Africa has dropped from 20% to 2% APY in the past 5 years due to deflation, political corruption and covid-19
Addresses Challenge
Feasibility
Auditability
Impact