MiTanda
MiTanda puts the Latin American tanda, the rotating savings and credit circle used by millions, fully onchain. Members pool USDC or MXNB, and a smart contract holds the funds and pays out fairly each round, so no organizer can disappear with the money. No seed phrases, and it is live on Arbitrum One at mitanda.online.
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MiTanda brings the tanda (the rotating savings and credit circle used by millions across Latin America) fully onchain. Members contribute a fixed amount of USDC or MXNB each round, and one member receives the pooled payout each round until everyone has been paid. Smart contracts hold the funds and enforce the rules, so no organizer can disappear with the money, which is the biggest risk in traditional tandas. Chainlink VRF assigns payout order fairly, soulbound NFTs track membership and reputation, and Privy login means no seed phrases. Live on Arbitrum One at mitanda.online.