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    <title>Developers Forum for XinFin XDC Network: THE ETERNAL</title>
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      <title>[Hackathon] DeFDap - Team VGeek - DIMO Hack VITAP</title>
      <dc:creator>THE ETERNAL</dc:creator>
      <pubDate>Sun, 14 Apr 2024 06:32:39 +0000</pubDate>
      <link>https://www.xdc.dev/shubhaannsaae/defdap-13do</link>
      <guid>https://www.xdc.dev/shubhaannsaae/defdap-13do</guid>
      <description>&lt;p&gt;A Decentralized finance possible through the decentralized application with the addition of some useful features such as token dapping, reentrancy guard and others.&lt;/p&gt;

&lt;p&gt;It solves the flow of money into a much smoother manner and proves as a win-win situation for the client as well the DeFDap. The common features are the same such tokenization and the receiving/giving interest based on the role of customer as an depositor/loan taker. The extra features are the token staking and the reentrancy guard which give a user-friendly appearance and transparency for the customer. It also prevents the re entry of a user(which is the reason for the most number of crypto attacks). The modularity security provided by HyperLane's ISMs also play a major role in checking of whether the transaction was actually done by the person.&lt;/p&gt;

&lt;p&gt;project github link: &lt;a href="https://github.com/Shubhaannsaae/DeFDap----The-Decentralized-Finance-App"&gt;https://github.com/Shubhaannsaae/DeFDap----The-Decentralized-Finance-App&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;video-demo: &lt;a href="https://vimeo.com/manage/videos/934436258"&gt;https://vimeo.com/manage/videos/934436258&lt;/a&gt;&lt;/p&gt;

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