StableLab Delegate Thread

[Ikabott]

Hi team.
thanks for the feedback on our proposal, we are following up with our improvements.
We added some of this later in our proposal, probably not in time.

• Our backend repositories are now public (polygon was our first chain, hence the repo name, but we are on rootstock now )
• • GitHub - aconcagua-finance/Aconcagua-API-CONTRACTS-POLYGON
• • GitHub - aconcagua-finance/Aconcagua-API

About previous grant, here the offchain discussion. We provided documentation (like the smart contract audit reports) and onchain data for all our deliverables to the team that worked with us after obtaining the grant.

Aconcagua Finance - A real use case for traditional finance to use rootstock

Project Name: Aconcagua Finance Founder Name: Manuel Rico Molina Submission Date: 09/20/2024 Award Amount: 0.0805 RBTC, (equivalent to approx. 5k USD at today’s rate) Project Stage: Testnet Sector: Lending Links to Deck / Video / Images: https://aconcagua.finance Description:Our system allows small and medium businesses to use crypto assets as collateral for traditional finance loans. We will be on mainnet soon, and we expect to bring institutional TVL to Rootstock. We also make use of RS…

• For our milestones, we diminished the estimated cost, there is some risk in doing this but we are willing to take it.

• Milestone 1 - Deliverable - testnet launch (12 weeks - USD 9.000)
• Milestone 2 - Deliverable - mainnet launch (4 weeks - USD 4.000)
• Milestone 3 Initial traction (4 weeks - USD 2.000)
  • Get 0.1 BTC bridged from Bitcoin network to a vault
  • Get 2 vaults above 0.1 BTC on tropykus investment
• Milestone 4 Traction (TBD but estimated 8 weeks - USD 2.000)
  • Get 10 BTC bridged from bitcoin network to vaults
  • Get 10 vaults above 0.1 BTC on tropykus investment

• For the Terms and Conditions, these are the ones that apply to this product
• Aconcagua TyC - Servicio de Bóvedas de Seguridad (Rev. Lawi).docx - Google Docs

Let us know your thoughts.

Thanks
Manuel