Description
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Sunucash ('Our Cash' in Wolof) digitizes West Africa's tontine savings circles using eXOF on Celo. Groups pool eXOF contributions gaslessly via MiniPay, and each cycle, one member receives the lump sum—transforming informal savings into transparent, blockchain-powered community finance. Designed for Senegal and the CFA franc zone, Sunucash replaces trust with smart contracts while preserving the cultural fabric of collective savings.
Mission
Celo’s mobile-first chain and eXOF stablecoin align perfectly with Sunucash’s target users in XOF economies. MiniPay’s phone number auth and gasless transactions remove every barrier to entry—no wallets, no fees, just savings.
Problem
Tontines power millions in West Africa but rely on fragile trust. Sunucash brings transparency to this tradition using eXOF stablecoins and MiniPay’s phone-first UX, eliminating defaults and paperwork while keeping the community spirit alive.
Solution
✅ Gasless eXOF pooling: Members contribute XOF-pegged stablecoins via MiniPay (no crypto complexity).
🔄 Automated rotating payouts: Smart contracts enforce fair, randomized payouts (no human mediation).
🛡️ Trustless but communal: Emergency withdrawals (80% penalty) balance flexibility and accountability.
📲 Designed for West Africa: Wolof-language UI, CFA franc defaults, and offline awareness.
Path to Success
Want to grow through just grant funding
Location of Impact
Africa