Potato Finance
01
Problem Statement
DeFi adoption in Africa faces challenges due to a lack of technical knowledge and infrastructure. Blockchain systems can be complex, which makes it difficult for many Africans to use.
02
Solution
A user-friendly DeFi app that makes DeFi more accessible to Africans by simplifying the process.
03
Competitive Analysis
I conducted a competitive analysis of existing products some of which are Binance and Xend Finance, two of the top players in the African market.
Strengths
Binance has deep pockets and can provide liquidity to its DeFi projects,
Low transaction fees
Established reputation and user base
Weaknesses
It can be overwhelming for new users, with a lot of features and options that may be difficult to navigate
Confusing terminology and jargon
Finally, Binance's customer support can be slow to respond, which can be frustrating for users who need help with issues.
04
Result
The user flow highlights the different pathways a user can take when trying to navigate Huzl app. The app employs a simple and straightforward navigation system that allows users to move effortlessly between different sections and features, ensuring a smooth and enjoyable user experience.