Problem

The Alchemix protocol provides a unique opportunity for users to create self-repaying loans. However, the interface is complex and difficult to use, requiring advanced knowledge of crypto concepts. This presents a barrier for many potential users who may be interested in utilizing the protocol but are intimidated by the interface.

To address this issue, we set out to design a mobile application that would simplify the user experience and make it more accessible to a wider audience.

Learn more about our solution here.

Solution

We designed a mobile-first application that abstracts away complicated interactions and presents a simplified user experience. The app allows users to easily create self-repaying loans by locking up their assets and receiving an immediate loan in return. Users can track their loan repayment progress and view their current asset value at any time.

In addition, we incorporated educational resources within the app to help users better understand the underlying crypto concepts behind the protocol. This not only makes it easier for users to utilize the protocol but also helps them become more informed about the world of cryptocurrency as a whole.

Impact

Increased accessibility of Alchemix protocol to wider audience
Improved user experience with simplified interface
Increased understanding of crypto concepts through educational resources within app

"This mobile application has had an incredible impact on making the Alchemix protocol more accessible and understandable for users."

Team

Team Member #1 - Mobile Developer
- Designed and developed the mobile application
- Implemented educational resources within app
Team Member #2 - Crypto Expert
- Provided guidance on crypto concepts to be included in educational resources
- Assisted with testing and troubleshooting of the app

Simplifying Alchemix Loans with Mobile App