Olive Finance
{"type": "project", "title": "Olive Finance", "logoImg": "bafkreidasqfcbsoy2sdyiv5ij2p5lx2cz74jlwol6x2yq6muzsiipa3sgy", "website": "https://Oliveapp.finance", "bannerImg": "bafkreiebzcxugt4i3glyjhjtk4mfi25odicsvgkv64xdwx65puyj4jupou", "createdAt": 1699452962073, "userGithub": "Ash-code183", "credentials": {"github": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..Ac77y2BRujjBtVmmdgsuTJkQLuQvWzg86OFNBlXIQTihd3phIyjjpr5O0NF1ANWzFM60ta1W1DL2FQhxiBPHBw", "type": "Ed25519Signature2018", "created": "2023-11-08T14:45:26.343Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2023-11-08T14:45:26.343Z", "expirationDate": "2024-02-06T14:45:26.343Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x488011d9F80E6EA47AB79A531464C6118e37bF6E", "hash": "v0.0.0:bLK3U7kMoD6wdZVReMcDdDXO88BuAXbi1O2pSIaaBtQ=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextGithubOrg#Olive-Finance#129639189"}}, "twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..MlDqzqX_D3o_F-a4q1J6HAPXaANbtXBw2dcHPvCcR_K5yX6IR1NoSEDRyviyocF199H_Pvc_9O_yGxTw6KJfAw", "type": "Ed25519Signature2018", "created": "2023-11-08T14:10:50.847Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2023-11-08T14:10:50.846Z", "expirationDate": "2024-02-06T14:10:50.846Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x488011d9F80E6EA47AB79A531464C6118e37bF6E", "hash": "v0.0.0:Cx8Rf2WvjUtbZ6FBpC+/BI+sMYcMmA4kqZmnjQ2iuzw=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#0xOlive"}}}, "description": "# Olive Finance: Supercharge Your Farming with Up to 10x Leverage #\nOlive Finance boosts your yield farming by letting you farm with up to 10 times more money than you put in. It's like supercharging your investment to grow your returns. People can lend their crypto to Olive, and farmers can use it to farm harder. Lenders get steady earnings, and farmers get a chance to make more from their farms. Olive is building a decentralized financial ecosystem where you can lend, borrow, farm, stake, and pay easily, starting with this powerful farming tool.\n### Vision for a Decentralized Financial Future ###\nOlive Finance is laying the groundwork for a decentralized financial ecosystem that mirrors the services of a traditional bank while eliminating intermediaries and providing users with full control over their financial operations. Our vision is to integrate a variety of financial services into a single, seamless platform that operates across multiple blockchains, ensuring accessibility, inclusivity, and efficiency.\n### Comprehensive Financial Services ###\nAs we build towards revolutionising the global payments infrastructure powered by DeFi, our services will expand to include:\n1. Lending & Borrowing: Users will be able to lend their assets to earn interest or borrow against their holdings with ease.\n2. Staking: Olive Finance will offer staking services, allowing users to earn rewards for securing the network.\n3. Payments: A seamless integration between crypto and fiat, thus solving one of the biggest problems in bringing the next billion users to Web3.\n4. Asset Management: Tools for managing and optimizing digital asset portfolios will be developed.\n### Utilization of Grant Funds ###\nThe grant funds will be strategically utilized to:\n1. Develop Omni-Chain Infrastructure: To support a multi-chain future, ensuring that Olive Finance can operate across different blockchain networks.\n2. Expand Financial Services: To introduce new services like asset management, broadening our offerings.\n3. Enhance User Experience: To create an intuitive interface that caters to both novices and experienced users.\n4. Security Audits: To conduct rigorous security audits, ensuring the safety and integrity of the platform.\n5. Community Building: Our community is at the heart of Olive’s constant development and growth. The protocol is entirely community led given the strong ethos that is strongly embedded deep within the founding team. 500+ contributors actively contribute towards the progress and development of the protocol.\n\n\n\n### The Olive Finance Advantage ###\nOur platform's key advantages are designed to empower users with a full suite of DeFi tools:\n1. Amplified Yield Farming: The first step in our suite, offering up to 10x leverage on yield farming.\n2. Optimized Returns with Auto-Compounding: Maximizing earnings through smart reinvestment strategies.\n3. Stable Borrowing Mechanism: A foundational feature for our lending services, providing stability in a volatile market.\n4. Competitive Lending Rates: Ensuring that our lending services are attractive to users seeking passive income.\n### Olive Roadmap ###\nQ4 2023: Launch of Olive V2 with enhanced yield farming and borrowing features.\nQ1 2024: Introduction of staking and initial payment gateway features.\nQ2 2024: Beta release of asset management services.\nQ3 2024 and beyond: Full integration of omni-chain functionality and expansion of financial services.\n### Collaborations and Partnerships ###\nOlive Finance recognizes the power of strategic alliances in the DeFi space. We are already closely working with established protocols such as GMX and Pendle to enhance our leveraged yield farming offerings. Our collaboration with LayerZero is pivotal for achieving seamless omni-chain interoperability, a core component of our decentralized banking infrastructure.\nOur commitment to partnerships reflects our dedication to community-driven development and the shared goal of advancing the Web3 ecosystem. By joining forces with these and other innovators in the space, Olive Finance is set to become a cornerstone of the decentralized banking world.\n", "logoImgData": {}, "bannerImgData": {}, "projectGithub": "Olive-Finance", "projectTwitter": "0xolive"}