MiTanda employs smart contracts on the Base blockchain to manage savings circles, ensuring that funds are handled according to pre-agreed terms.

MiTanda is a decentralized, on-chain savings system based on the traditional Tanda model. Here’s how it works:

Join a Tanda: Join a group and choose a 2-week or 30-day cycle. Each member contributes a fixed amount.

Smart Contracts: Payments and payouts are automatically managed through secure smart contracts, ensuring no middlemen or fraud.

Payout Rotation: Every cycle, one participant receives the full pot, and the order rotates each time.

Grace Periods: If a participant misses a payment, they have a grace period to catch up with a small penalty.

MiTanda brings the trust and transparency of blockchain to traditional savings groups, making them more secure and reliable.

Nope! MiTanda is fully onchain—there’s no need for a bank account, credit score, or government ID. All you need is a crypto wallet. It’s permissionless, borderless, and built to serve anyone, anywhere.

MiTanda enhances security by using blockchain technology, which provides transparency and reduces the risk of fraud. Smart contracts automate payouts, eliminating the need for intermediaries.

To join a MiTanda circle, you need a crypto wallet and some $USDC to contribute to the savings pool. Simply connect your wallet and follow the prompts to join an existing circle or create a new one.

Yes, MiTanda allows users to create their own savings circles with customized rules, contribution amounts, and payout schedules. This flexibility makes it suitable for various savings goals.