< all projects
This project has been archived

This project has been archived by Cardano Cube. A project will be archived when the direct link to their website or social media accounts are broken or if there is too little online activity from the project to still be listed. If you're the owner of this project. You can re-verify your project by contacting us.

This project has been flagged by the community!

We advise you to be cautious and 'do your own research' before interacting with this project. Flagged projects are labelled based on claims by community members contacting Cardano Cube. If you're the owner of this project. You can verify your project by contacting us.

The community raised some concerns regarding this project!

We advise you to 'do your own research' before interacting with this project. This notification is shown based on claims by community members contacting Cardano Cube. If you're the owner of this project. You can verify your project by contacting us.

Thrift Finance

Thrift Finance

Take back the control of your finances through a simple decentralized, trustless RealFi and DeFi ecosystem.

Project status
Live
Thrift Finance
USD Icon
Usd
Download icon
$0.1925
$3.75%
24h

About 

Thrift Finance

Millions of people in Africa are unable to control their financial health due to financial exclusion, unfriendly legacy banking policies and products, bad government policies and high inflation rates. Thrift Finance - Take back the control of your finances through a decentralized, trustless RealFi and DeFi ecosystem. Thrift Finance is a suite of products for decentralized, trustless, smart-contract powered thrift savings, micro finance, RealFi and DeFi systems, governed, maintained and upgraded by Thrift token holders to create a more accessible and efficient financial system for Africa. A pioneer startup in IOHK’s and iceaddis managed Ariob incubator program.

Our team is committed to reinventing traditional and legacy banking in Africa through a specialized set of blockchain features, that will enable even newbies to access the full power of Web3 and blockchain without being exposed to its complexities. Our MVP Thrift Wallet enables users to do everything a wallet does with additional functionalities. It is the starting point for Thrift Finance's expansive and feature packed roadmap. Savings, saving targets, basic finance analytics, as well as the ability to send tokens to multiple users simultaneously would all be supported. Thrift Finance is also building a sophisticated wallet that will integrate Atala prism ID, decentralized social connect system for its DeFi credit union feature (Esusu), group and individual saving, lending and borrowing through Thrift protocol and integration of third party lending protocols. Through our DeFi credit union via crowd-staking feature, small and African focused SPOs will be supported.

Thrift wallet token would be used for Governance, also it would be used in Thrift protocol for lending, borrowing and staking, Debit card transactions, P2P moderator's incentivizing. In addition to industry-leading APYs, we would integrate a DEX, fiat on & off ramps, and an NFT rewards system for Thrift savings. Smart saving assistant, financial analytics, metadata support, micro-transactions, and peer-to-peer transactions are also expected. We are building on Cardano, accessibility is also important to us, so we are building a cross-chain wallet, to provide interoperability. With our core users (Africans) in mind, we are building an easy to use wallet, incorporating features like fingerprint unlock, simple UI screens that do not limit the full power of our features.

The word "Thrift" is derived from the flower; Armeria maritima (Sea Thrift) which signifies prudent money management. Also, it signifies inclusiveness. The logo symbolizes Armeria maritima, family, savings, money, and a bright future.

Login or Sign up to join the conversation.

Join the discussion

Cubelogo

0 comments

Active Here: 0
Be the first to leave a comment.
Loading
Someone is typing
Cubelogo
Cuber
Set
This is the actual comment. It's can be long or short. And must contain only text information.
Edited
Your comment will appear once approved by a moderator.
Cubelogo
Cuber
Set
This is the actual comment. It's can be long or short. And must contain only text information.
Edited
Your reply will appear once approved by a moderator.
Load More
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Load More
About
Thrift Finance
Project Information
Promoted project
No items found.
We use cookies to enhance your experience. Check our Privacy Policy.
Verify your email
Please verify your email address by clicking the link sent to youremail@gmail.com
Resend Verification Email
Questions? Email us at hello@cardanocube.com