INT

EARN INTEREST ON YOUR ETHEREUM HOLDINGS

The Team

Problem Statement

Launch a token with a chain of your choice with a fixed supply and a notional value.

Inspiration

In this current scenario, when the attention has shifted away from the energy-intensive bitcoin blockchain to the ethereum blockchain, allowing traders to lend their ETH holdings and earn interest on the same will be welcoming.

Important Values

Total Token Supply: 1000000000

Value of Token: 0.001 ETH

InterestPerSecond = 31668017 * (Ether Deposited / 1e16)

What it does

Our project allows traders to lend their ethereum holdings and earn interest on the same.

Deposits are made in the form of Ether.

The interest is given in the form of INT interest token, based on the formula:

interestPerSecond = 31668017 * (Ether Deposited / 1e16)

📥 Installing and Executing locally

Clone the repository.

git clone https://github.com/hashirpm/int.git

Go to the cloned directory (e.g. cd int).
Run npm install to install all the dependencies.
Open Ganache in your local machine.
Run truffle migrate to deploy smart contracts.
Login to your MetaMask and add Ganache to your Metamask networks.
Import your first account in Ganache to your MetaMask wallet by copying your Private Key from Ganache.
Inner the folder of the cloned project, start the application :
```
npm run start
```
After that, the command will start a local server instance (http://localhost:3000/) in your browser.
Connect MetaMask to your localhost.
Deposit ETH and earn your INT token.