Trustsafe

Trust safe is decentralized savings platform built on ethereum whereby users connect to their Account and save with features like time-locked savings.

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Categories

  • ๐Ÿ† Open Track ๐Ÿ†
  • ๐Ÿ† Ethereum Follow Protocol Bounty ๐Ÿ†
  • ๐Ÿ† Base Bounty ๐Ÿ†

Description

Trustsafe is a decentralized savings application that combines an Ethereum smart contract with a modern Next.js frontend to give users a simple and transparent way to lock and save their ERC-20 tokens. Inspired by the traditional Susu savings system, the DApp brings discipline, automation, and transparency to personal savings.

Key Features:

  • ย Smart Contract Security โ€“ Funds are locked in an Ethereum contract, ensuring no early withdrawals.

  • ย Token Savings โ€“ Supports deposits of any ERC-20 token.

  • Time-Locked Deposits โ€“ Users choose how long to lock their funds.

  • ย Deadline Extension โ€“ Additional deposits can extend the lock period.

  • ย User-Friendly Interface โ€“ A Next.js frontend allows users to easily connect their wallets, deposit, and track balances without interacting directly with the blockchain.

  • Transparency โ€“ All deposits and withdrawals are recorded on-chain, with real-time updates visible on the frontend.

How It Works:

  1. Connect your wallet via the Next.js frontend.

  2. Choose a deposit amount and lock duration.

  3. Track your savings progress directly on the DApp.

  4. Withdraw tokens automatically once the lock period expires.

This project merges blockchain-powered savings discipline with an intuitive web interface, making decentralized finance (DeFi) more accessible to everyday users.