Our project is called Defi Balancer Booster
.
The project is a mashup between Gnosis Pay, yearn and Ajna.
For people who have never used Gnosis Pay, it works as a checking account with a debit card. The big difference is that Gnosis Pay allows self-custody of your assets through a SAFE. Every time the card is used, Gnosis Pay pulls funds from the safe and pays for the transaction in the real world.
Our project pushes the system's boundaries by making a deeper connection to DeFi. We are going to focus on two different use cases, a saving account, and what we call a debt account. For the Saving account, the user has a separate contract holding most of the assets and it's earning yield through a yearn vault.
The debt account mimics a credit card. It uses the deposited capital in the yearn vault as collateral in a money market.
Test it at https://card.builtby.mom
Talk about it at https://t.me/+utHQJPm-uqBlMWE5