Loanshark

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Introduction

Loanshark is building advanced money market infrastructure with the aim of increasing capital efficiency in DeFi.

Incubated by the Polygon X HyperNest DeFi accelerator, Loanshark's product lineup consists of Loanshark Core and Loanshark Toolbox. Loanshark Core is a lending protocol with a risk-isolated lending pool structure on Scroll while Loanshark Toolbox complements existing money markets like Aave, Compound and Morpho by offering automated management of borrowing positions.

Our Motivation

Our team has identified several key issues with the current state of DeFi money markets:

• High-quality collateral assets, such as Uniswap LP, are not widely supported.
• Manual operations are time-consuming, error-prone, and result in low capital efficiency.
• Poor user experience due to a lack of support for tools like automation/notification systems.

Our Solution

Loanshark addresses these challenges by providing the following features:

• A money market with independent risk-based pools that offer superior capital efficiency. (Loanshark Core)
• Automated borrowing position management, including refinancing, liquidation protection triggered by user pre-set conditions and one-click looping. (Loanshark Toolbox)
• A built-in notification system to keep users informed. (Loanshark Toolbox)

Journey since GR14

• Joined "Startup with Chainlink" Program
• Demoed on Binance Live
• Launched our closed beta

Journey since GR15

• Added automatic debt repayment as a possible workflow action
• Rebranding with a complete UI refresh
• Added action history and analytics

Journey since Gitcoin Alpha

• Launched the first verison of automation toolbox

Journey since Gitcoin Beta

• Joined Polygon DeFi Accelerator (HyperNest)

Journey since GG18

• Loanshark Core Launched on Scroll Mainnet!