Magnify World Mini App
Welcome to the Magnify Cash Mainnet Documentation, where you can explore the features and functionalities of our platform for identity-backed loans.
Last updated
Welcome to the Magnify Cash Mainnet Documentation, where you can explore the features and functionalities of our platform for identity-backed loans.
Last updated
Magnify Cash is now available on the World Mini App, offering users a seamless and interactive way to access its financial services. This documentation outlines the features, functionality, and user experience of Magnify Cash within the World Mini App ecosystem.
Identity-Backed Loans: Get loans based on verified identity data.
Seamless Application Process: Quick and straightforward loan requests.
Secure and Compliant: Follows strict security measures to protect user information.
Users can navigate through different features of Magnify Cash within the World Mini App with the following steps:
Sign in with World ID
View Wallet
Apply for a Loan
Repay a Loan
Upgrade Verification Level
Access Announcements & Help Center
Open the Magnify Cash app within the World Mini App.
Click “Start Your Journey.”
Sign in using World ID for authentication.
If successful, users are directed to the Wallet Page.
Edge Cases:
If authentication fails, an error message is shown with an option to retry.
If there are network issues, a “Network connectivity issue” message is displayed.
Navigate to Wallet from the drawer menu.
Users can view their wallet address and available tokens.
Edge Cases:
If a user has no tokens, a message appears: “No tokens found. Add some to see your balance!”
Navigate to Get a Loan from the drawer menu.
If eligible, users see a Current Loan Eligibility Card.
Click “Apply Now” to proceed.
A confirmation modal appears with transaction details.
Click “Confirm”, and the loan is approved.
After approval, users can view loan details.
Edge Cases:
If there’s insufficient liquidity, a message appears: “Transaction error: GS013”.
If a user already has an existing loan, a message appears: “You already have an active loan.”
Navigate to Repay Loan from the drawer menu.
If there’s an active loan, the Repay Loan button appears.
Click “Repay Loan” to initiate repayment.
A confirmation modal appears with transaction details.
Click “Confirm”, and repayment is processed.
Once repaid, a No Active Loan message is displayed.
Edge Cases:
If there is no active loan, a message appears: “No Active Loans. Request a loan now!”
Navigate to Verification Level from the drawer menu.
View the current verification level and available upgrade options.
Click “Upgrade to [Next Level]”.
A modal appears prompting users to verify with World ID.
Once verified, the NFT tier and verification level are upgraded.
Edge Cases:
If the verification level isn’t sufficient, an error message is displayed.
Announcements
Navigate to Announcements from the drawer menu.
Users can view updates and news from the Magnify Cash team.
Help Center
Navigate to Help Center from the drawer menu.
Users can access:
How-to Guides for using Magnify Cash.
FAQ section for common issues.
Magnify Cash on World Mini App offers a fast, secure, and transparent way to access identity-backed loans. With seamless World ID authentication, quick loan approvals, and simple repayment options, users can manage their finances efficiently.
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