About Fiducia
Split Funds Smart: Revolutionizing Decentralized Finance
Fiducia is a groundbreaking DApp that combines intelligent fund splitting with robust crypto insurance, redefining trust and collaboration in the decentralized finance landscape.
Key Features:
- Multi-Party Wallet for Collaborative Investing
- Crypto Insurance Shield
- MemeCoin Rewards System
How It Works:
- Contribute Ether to become a shareholder in the Multi-Party Wallet
- Earn MemeCoin rewards based on your contribution
- Collaborate with other investors to make group decisions
- Purchase insurance policies to protect your crypto assets
- Claim insurance payouts if market conditions meet policy criteria
Our Multi-Party Wallet allows users to pool funds, becoming shareholders with voting rights proportional to their contributions. The wallet features a minimum contribution requirement, closure time, and fair distribution of additional funds.
The Crypto Insurance component offers protection against market volatility. Users can purchase policies for various scenarios, including loan protection, threshold-based coverage, and sudden price drop insurance. Our smart contract system automatically processes claims when trigger conditions are met.
Whether you are an individual investor looking to diversify risk or a group seeking to pool resources for larger opportunities, Fiducia provides the advanced tools and infrastructure needed to navigate the decentralized finance landscape with confidence and precision.
How Our DApp Functions
Fiducia operates on a unique model that combines collaborative investing with crypto insurance:
- Users contribute Ether to become shareholders in the Multi-Party Wallet.
- Shareholders can purchase insurance policies to protect their crypto assets.
- Policy premiums are sent to the Multi-Party Wallet.
- Premiums are distributed proportionally among shareholders based on their shares.
Insurance Policy Premium Rates:
- Loan Protection: 10% premium rate
- Threshold-based Coverage: 15% premium rate
- Sudden Drop Protection: 20% premium rate
This system ensures that all shareholders benefit from the insurance premiums, creating a sustainable and mutually beneficial ecosystem for collaborative investing and risk management in the crypto space.
Our Team
Prakhar Srivastava
Co-founder & Developer
Harsh Kasana
Co-founder & Developer