Bitsave contributes to the open-source software (OSS) ecosystem by offering a less complicating solution to challenges within decentralized finance (DeFi) for everyday users.

Here are some issues with Understanding DeFi for everyday users:
1. Promoting Crypto Savings in a Volatile Market
Problem: Saving in cryptocurrency is generally uncommon due to the highly volatile nature of the market, making it risky for users to lock up funds.

Bitsave introduces a “safe mode” and a points system, calculated with market volatility in mind, to mitigate risks. This turns a risky process into a structured and easy one for 1st time DeFi  users.

2. Interoperability with Multiple Blockchains (Zetachain Integration)

Bitsave allows users to save assets from different blockchains in one platform. This cross-chain interoperability simplifies the process and accessibility with SaveFi protocols.
3. Decentralized and Private User Accounts (Parent-Child Contract System)
Problem: Traditional banking provides personalized savings accounts with secure storage, but DeFi solutions often lack similar decentralized, personalized, and private account structures.
Bitsave's Solution: Bitsave introduces a parent-child contract system, where each user can name their savings and ssentially creates a contract that holds their savings with the click of a button.

4. Advancing DeFi Infrastructure on EVM-Compatible Chains.
Bitsave's Contribution: By developing our system with EVM compatibility in mind, and adapting for platforms like Zetachain (which extends EVM), Bitsave helps expand DeFi capabilities across multiple chains, demonstrating how financial protocols can be adapted for broader ecosystems.

5. Documentation and Community Support
Value: Bitsave's team has contributed to open-source tools like Beaker, providing documentation, reviews, and support (https://github.com/algorandfoundation/beaker/graphs/contributors we're Xpan). Our efforts to improve frameworks and share knowledge has helped the broader developer community working on Algorand, Zetachain, and EVM-based projects. Our contribution to collaboration and innovation within the DeFi space.

