HackathonPLUS - Pumo Finance

[Tsl1990]

Project Name: Pumo Finance

Introduction:
Pumo Finace is a synthetic asset issuance protocol and trading platform based on the Alaya blockchain. Users can stake their original tokens, such as AETH, ATP, etc., to mint synthetic assets. Users can mint synthetic asset by means of staking the original asset. The synthetic asset has an intrinsic value ratio of 1:1 to the underlying asset, such as the stable currency PUSD (1 USDP = 1 USDT). The core components/modules of the Pumo Finance network include：assets staking & minting, debt systems, asset swap exchange, insurance pools, and oracle.

Milestones of Pumo Finance:
Milestones 1:

1. The definition of development requirements and product prototyping, UI design and front-end development.
2. EVM smart contract development supporting synthetic asset manipulation.
3. Debt system and synthetic asset issuance module development.
4. Asset Staking / Dividend Module Development.
5. Oracle module development.
6. Pumo official website development；
    
   Milestones 2:
7. Product front-end, wallet adaptation.
8. Completion of contract development and partial functional testing.
9. Completion of the Oracle module and corresponding functional tests.
10. Pumo official website online, including project introduction, project technology, project team information and design of modules required for the asset synthesis interface, debt staking interface and reserved modules of dividend pool interface.
11. Official website announcement of the progress of the Pumo product launch.
     
    Milestones 3:
12. Functional testing of the beta version of the Pumo product, with initial trading of 2-3 synthetic assets.
13. Publication of economic models on the official website, including the fee-splitting model, the PUMO staked inflation model, etc., and also the staking of assets.
14. The Pumo product is live and includes: PUMO stake issuance of PUSD, PUSD destruction, PUMO redemption, inflationary incremental bonus and transaction fee dividends generated when PUMO is staked.

Contact: contact@pumo.finance

LAT Address:
lat1uj03z5340pqvuesveaynven4uy4jk35teurh06

[Tsl1990]

Updated:

1. Pumo Finance Website: http://pumo.finance/ (pToken mint & swap token is coming soon)
2. Pumo Finance Doc (Gitbook): https://pumofinance.gitbook.io/pumo/
3. Update $PUMO Tokenomics v1.0
4. Update Pumo Finance Test Cases, including Mint synthetic assets, Assets Swap, Insurance pool, etc.

More Information:
Twitter: https://twitter.com/FinancePumo
Discord: https://discord.gg/Avr8TgnXSF

[Tsl1990]

Past content:

• 01: Pumo Finance — The First Synthetic Asset Issuance Protocol in PlatON Ecosystem: https://pumofinance.medium.com/pumo-finance-the-first-synthetic-asset-issuance-protocol-in-platon-ecosystem-ff90a2bf8639

• 02: Introduction to Pumo Finance — Assets Staking & Minting: https://pumofinance.medium.com/introduction-to-pumo-finance-assets-staking-minting-fe38bdb7235f

• 03: Pumo Finance Series Introduction: Debt System: https://pumofinance.medium.com/pumo-finance-series-introduction-debt-system-3f4a331a9e8e

[biganxin]

What tasks remain to be completed at this time?
Please submit specific deliverables via PR, thank you.