{"type": "project", "title": "Loanshark", "logoImg": "bafkreihar773ybi6fe3ylfjdi4jwcrznibfhhg6afwyicfkxxlfh3wan34", "website": "https://loanshark.tech", "bannerImg": "bafkreidci533bt5tqtooy65k6al7ye3iewjdo5qsjvg2ljhaod2xtanjaq", "createdAt": 1673554263944, "userGithub": "loansharktech", "credentials": {"github": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..ezg-J7xL_ZgBsgUZircAHhqF0Gy_6nDFi8x6RVyZYxyw5UTlZ4OWpGnO2UMhvj8vg2vIj4ID0khfzHzVWmmjAg", "type": "Ed25519Signature2018", "created": "2023-08-10T14:22:08.921Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2023-08-10T14:22:08.921Z", "expirationDate": "2023-11-08T14:22:08.921Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x7D658841f8Ba93299970f6e765C2CE205f1E70DD", "hash": "v0.0.0:kVxgzgB28CxSTcVZS1FTjWxJFgDlzJNo8FNj971eq/E=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextGithubOrg#loansharktechteam#106189405"}}, "twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..05MLZ4bj5fij9hCn5HzcruobRowpUE7r4cV2N4sXNiroI6dNuz9KR79AgohWPBQJOKCs87FLCTOcHr0qp0u9CQ", "type": "Ed25519Signature2018", "created": "2023-08-10T14:21:56.822Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2023-08-10T14:21:56.822Z", "expirationDate": "2023-11-08T14:21:56.822Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x7D658841f8Ba93299970f6e765C2CE205f1E70DD", "hash": "v0.0.0:OUB+ebABvwHHvZO+q2F//GeYpzZqMJ2bN2kI1+SEgRM=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#loansharktech"}}}, "description": "## Loanshark\n\n[Loanshark Discord](https://discord.gg/tbSEWQYMKV)| [Loanshark Twitter](https://twitter.com/loansharktech) | [Loanshark Medium](https://loansharktech.medium.com/) \n\n### Introduction\n\nLoanshark is building advanced money market infrastructure with the aim of increasing capital efficiency in DeFi. \n\nIncubated by the [Polygon X HyperNest DeFi accelerator](https://www.f6s.com/polygon-hypernest-defi-accelerator-2023), 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.\n\n### Our Motivation\n\nOur team has identified several key issues with the current state of DeFi money markets:\n\n- High-quality collateral assets, such as Uniswap LP, are not widely supported.\n- Manual operations are time-consuming, error-prone, and result in low capital efficiency.\n- Poor user experience due to a lack of support for tools like automation/notification systems.\n\n### Our Solution\n\nLoanshark addresses these challenges by providing the following features:\n\n- A money market with independent risk-based pools that offer superior capital efficiency. (Loanshark Core)\n- Automated borrowing position management, including refinancing, liquidation protection triggered by user pre-set conditions and one-click looping. (Loanshark Toolbox)\n- A built-in notification system to keep users informed. (Loanshark Toolbox)\n\n![](https://files.gitbook.com/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FcvJRm0pEtrF6Rzz4Gyaz%2Fuploads%2Fdkl6Xyap2MJrE606c5T3%2Fimage.png?alt=media&token=0157ac61-d911-48bd-907b-2aa8d7f0025d)\n\n ### Journey since GR14\n![](https://c.gitcoin.co/docs/226cec144cddb5fc20479980f0002d22/Group_35.png)\n- Joined \"Startup with Chainlink\" Program\n- Demoed on Binance Live \n- Launched our closed beta \n\n ### Journey since GR15\n ![](https://lh4.googleusercontent.com/RpkXjBnGFhE-YrmUKXWspnCvi7NHxuwzA7oQrf9gn2H7goU6DSVaWXmthwQP923s9dQdIpuCK9kOnez92xjl5S_VLURQYnRC9kpxZHZp7e-ur0MR6OdqpatScX1QXrmulm2FnptSD11P8BQPrYlgqeg5cT0HAYT6h7OPYatfZObNPBofbKkCmPjgsw)\n- Added automatic debt repayment as a possible workflow action\n- Rebranding with a complete UI refresh\n- Added action history and analytics\n\n ### Journey since Gitcoin Alpha\n![](https://lh3.googleusercontent.com/ju9JcwN8UZgO8TBCqGpvz9LtvXYjT0dMjI_5iHqsIUosktm1ZuR5CXU-OfNruXck-7B86lpAyiZGJ71ORAb4F6yt1RhbifflTIwGsUxj2bhaMU0emrqfnyaIm8EmHz6K68yBY2LcZ9AmnQUqxfTucHY)\n- Launched the first verison of automation toolbox\n\n### Journey since Gitcoin Beta\n![](https://uploads-ssl.webflow.com/6433e6f821ae13dd37394322/648b7913800d609615619a10_Frame_1000002374BOOM.png)\n- Joined Polygon DeFi Accelerator (HyperNest)\n\n### Journey since GG18\n![](https://assets-global.website-files.com/6433e6f821ae13dd37394322/64d41fd2b5c965ee258340c2_im1Zz9b3e5S1_HXZF0xs4OgLr1giPVmDc7JOM-TUby6zmWm2SF4Ejm_7VDH2CqX7FR1ZPabCcUPjEfCdtNtAMutBIRFKM-1HsNz8O1zv3YImVtcn-vrZZWgJ4NyHl396oeOh8jwwR0b4FA8eVMjfCRQ.png)\n- Loanshark Core Launched on Scroll Mainnet!", "logoImgData": {}, "bannerImgData": {}, "projectGithub": "loansharktechteam", "projectTwitter": "loansharktech"}
Loanshark
## Loanshark

[Loanshark Discord](https://discord.gg/tbSEWQYMKV)| [Loanshark Twitter](https://twitter.com/loansharktech) | [Loanshark Medium](https://loansharktech.medium.com/) 

### 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](https://www.f6s.com/polygon-hypernest-defi-accelerator-2023), 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)

![](https://files.gitbook.com/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FcvJRm0pEtrF6Rzz4Gyaz%2Fuploads%2Fdkl6Xyap2MJrE606c5T3%2Fimage.png?alt=media&token=0157ac61-d911-48bd-907b-2aa8d7f0025d)

 ### Journey since GR14
![](https://c.gitcoin.co/docs/226cec144cddb5fc20479980f0002d22/Group_35.png)
- Joined "Startup with Chainlink" Program
- Demoed on Binance Live 
- Launched our closed beta 

 ### Journey since GR15
 ![](https://lh4.googleusercontent.com/RpkXjBnGFhE-YrmUKXWspnCvi7NHxuwzA7oQrf9gn2H7goU6DSVaWXmthwQP923s9dQdIpuCK9kOnez92xjl5S_VLURQYnRC9kpxZHZp7e-ur0MR6OdqpatScX1QXrmulm2FnptSD11P8BQPrYlgqeg5cT0HAYT6h7OPYatfZObNPBofbKkCmPjgsw)
- Added automatic debt repayment as a possible workflow action
- Rebranding with a complete UI refresh
- Added action history and analytics

 ### Journey since Gitcoin Alpha
![](https://lh3.googleusercontent.com/ju9JcwN8UZgO8TBCqGpvz9LtvXYjT0dMjI_5iHqsIUosktm1ZuR5CXU-OfNruXck-7B86lpAyiZGJ71ORAb4F6yt1RhbifflTIwGsUxj2bhaMU0emrqfnyaIm8EmHz6K68yBY2LcZ9AmnQUqxfTucHY)
- Launched the first verison of automation toolbox

### Journey since Gitcoin Beta
![](https://uploads-ssl.webflow.com/6433e6f821ae13dd37394322/648b7913800d609615619a10_Frame_1000002374BOOM.png)
- Joined Polygon DeFi Accelerator (HyperNest)

### Journey since GG18
![](https://assets-global.website-files.com/6433e6f821ae13dd37394322/64d41fd2b5c965ee258340c2_im1Zz9b3e5S1_HXZF0xs4OgLr1giPVmDc7JOM-TUby6zmWm2SF4Ejm_7VDH2CqX7FR1ZPabCcUPjEfCdtNtAMutBIRFKM-1HsNz8O1zv3YImVtcn-vrZZWgJ4NyHl396oeOh8jwwR0b4FA8eVMjfCRQ.png)
- Loanshark Core Launched on Scroll Mainnet!
Loanshark