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Lance

On-chain platform for freelancing

📍 Team Location: Argentina

About the Product

Flow:

  • Employer creates a job and funds a milestone-based USDC escrow.

  • Escrow logic integrates with Trustless Work for secure milestone-based fund locking.

  • While funds are locked, yield opportunities are enabled through Soroswap liquidity strategies.

  • If the milestone is approved, funds are released automatically on-chain.

  • If a dispute arises, judges vote thought a private commit–reveal voting system.

  • Users can withdraw to fiat via MoneyGram rails.

Why Stellar is Essential:

  • Native USDC liquidity across the ecosystem.

  • Existing escrow infrastructure via Trustless Work.

  • Real-world off-ramps like MoneyGram.

  • Low fees enable us to reduce fees for our users, especially for cross-border payments where the difference is substantial.

Problem & Solutions

Problem

Freelancers in LATAM face high fees (10–20%), payment delays, biased dispute resolution, and limited access to cross-border contracts.

Solution

Flow:

  • Employer creates a job and funds a milestone-based USDC escrow.

  • Escrow logic integrates with Trustless Work for secure milestone-based fund locking.

  • While funds are locked, yield opportunities are enabled through Soroswap liquidity strategies.

  • If the milestone is approved, funds are released automatically on-chain.

  • If a dispute arises, judges vote thought a private commit–reveal voting system.

  • Users can withdraw to fiat via MoneyGram rails.

Why Stellar is Essential:

  • Native USDC liquidity across the ecosystem.

  • Existing escrow infrastructure via Trustless Work.

  • Real-world off-ramps like MoneyGram.

  • Low fees enable us to reduce fees for our users, especially for cross-border payments where the difference is substantial.

Customer Segments

Primary:

  • LATAM freelancers working with remote employers.

  • Web3 startups hiring remote contractors.

  • Crypto-native small businesses needing escrow-based hiring.

Secondary:

  • Judges/arbitrators earning through dispute participation.

  • Crypto-native teams seeking programmable escrow infrastructure.