Summary
The MicroDapp is Acumen’s heart and soul, it allows DeFi users to earn a stable yield generated through real-life microfinance loans given to El Salvadorian entrepreneurs and small businesses. The loans are collateralized with real-life assets that will be transferred to the Acumen DAO should a loan fail.
The impact of microfinance on developing nations has been the topic of many scientific publications and Acumen wants to use crypto to do good in the world. At the same time for the DeFi user, not only will there be a stable yield to earn (one that does not fluctuate with Crypto prices), but also they can also do good in the field of microfinance.
Last modified 7mo ago