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Onchain credit scoring — archive of posts from Medium.
Onchain credit scoring — archive of posts from Medium.
Here is the first batch of details regarding the $ROCI conversion to $GORA; post our groundbreaking RociFi x Gora merger! We’re offering early conversion for those looking to get i
In pioneering the concept of the DeFi risk oracle, the combined team sets itself apart from traditional oracle solutions, which unlocks new use cases within DeFi. Projects integrat
RociFi is thrilled to partner with Masa on our first $ROCI liquidity campaign! The campaign is designed to increase liquidity for $ROCI on Uniswap V2 while handsomely filling the b
Boom! RociFi, onchain credit scoring protocol, is pumped to roll out Staking. Imagine this: a whopping 40% APR paid in $ETH, passively. Step 1: Dash over to RociFi’s staking page f
We are thrilled to unveil our ambitious roadmap for the upcoming quarters, filled with groundbreaking initiatives that will propel $ROCI to new heights. Let’s dive into the excitin
2023 was quite a rollercoaster for us at RociFi and the whole Web3 world. Tough times hit the market, but we’re still standing strong and super excited about what 2024 has in store
As we approach the end of a remarkable year, it’s time to reflect on RociFi’s journey through innovation and strategic partnerships. This year has been pivotal in our mission to de
In the ever-evolving landscape of blockchain technology, innovative partnerships are emerging to create synergy between various sectors, paving the way for exciting new possibiliti
RociFi is a credit scoring primitive that allows web3 users to monetize their onchain history via lower borrowing rates, higher loan-to-value ratios, or boosted token rewards. The
The majority of lending protocols in DeFi are mere forks of Compound, reproducing the same limitations over and over again. While Compound’s permissionless system revolutionized le
A liquidity bootstrapping pool (LBP) is a fair and transparent way to distribute tokens to the community. For the RociFi Launch Party, 50,000,000 ROCI or 5% of total ROCI supply wi
Liquidity Bootstrapping Pool: The RociFi system is designed to be decentralized and governed by $R
We are excited to announce the cooperation between RociFi and ImpactMarket to power crypto lending in Venezuela. impactMarket also called “The Human Empowerment Protocol” provides
Today we have two exciting updates to RociFi’s zkSync lending dApp. Based on the requests from the community new WETH pool and 5 collateral assets have been added. Now users on zkS
Hi RociFi Community,. “RociFi Lending Protocol Monthly Report: May” is published by RociFi | On-Chain Scores & Capital-Efficient Loans.
Today we are proud to announce the future $ROCI token and opportunity to unlock rewards via RociFi’s liquidity mining program! ROCI token utilities will be intertwined with all key
Hi RociFi Community,. “RociFi Lending Protocol: Bi-Weekly Report, Weeks 15–16 of” is published by RociFi | On-Chain Scores & Capital-Efficient Loans.
As one of our community members said “By integrating with zkSync, blog.roci.fi will be able to offer its users fast and low-cost transactions, as well as enhanced security and scalabili
This document is intended to provide our partner protocols, lenders, and borrowers with a semantic description of how our model makes certain scoring decisions per score. For each
We are thrilled to announce the release of the latest version of the RociFi scoring model, which incorporates several major improvements that will be beneficial to the end-users. F
This time, we as a Thank You to RociFi community of borrowers and lenders we distributed 25 RociFighters NFTs instead of 15 among top-50 places in Leaderboard. 6502, 18772, 19807
RociFi, the leading decentralized finance (DeFi) platform, has announced the release of its latest update, version 2.04. This update comes packed with exciting new features that pr
RociFi is a decentralized finance (DeFi) protocol enabling under-collateralized and capital-efficient lending via on-chain credit scores. We taking our credit scores omni-chain by
The RociFi Lending Protocol allows for under-collateralized and capital-efficient lending using on-chain scoring. Simply put, our app allows you to borrow more money than you put u
The RociFi decentralized capital-efficient lending protocol has announced the release of its latest update, v2.03. This update brings about some major changes to the protocol, whic
RociFi is a decentralized liquidity protocol offering attractive yields to depositors from higher capital efficiency. RociFi’s unique feature is that it uses on-chain data to asses
The best scores are able to choose between multiple Loan Term combinations, i.e. Score 1 would be able to choose collateral ratios that Scores 2–10 would be also eligible to. With
As of January 2023, users can add addresses to NFCS bundle from various wallet providers. For example a user can now mint a NFCS on a wallet accessed through Metamask and then add
The leaderboard position is defined by Repayment, Borrow and Deposit activity on RociFi in this priority order: Total repaid amount pto date in USD across all pools on RociFi multi
TL;DR: Loan-to-value ratios in V2 lending pools are highly capital efficient compared to other markets. Our priorities in releasing V2 were security and user experience. The lendin
TL;DR: In general, the majority of borrowers will see an improvement in their credit scores while some will slightly worsen. The RociFi credit scoring model has recently undergone
We are thrilled to announce RociFi V2, the next iteration of RociFi’s DeFi credit score, under-collateralized and capital-efficient lending protocol on Polygon. RociFi allows borro
Pavel Filippov, CTO of RociFi, is an absolute powerhouse, having developed with his team first DeFi’s under-collateralized lending protocol and ML-based credit scoring. Alongside h
RociFi’s NFCS seeks to rank potential borrowers based on the likelihood of repayment if they were extended a loan. Using a plethora of historical data collected from major DeFi pro
By using RociFi NFCS, Radiant Capital can increase revenue by 5.19% without increasing liquidation risk. RociFi’s NFCS seeks to rank potential borrowers based on the likelihood of
We’re excited to announce that RociFi has partnered with Relation, a Web3 social graph infrastructure that will host the next generation of billions of DApps. This partnership will
With the latest release of RociFi’s credit risk model we are bringing some big changes. First, we are revamping how our scoring methodology treats depth of history in order to bett
Now RociFi users can access protocol, mint NFCS, deposit and borrow not only via Metamask but through any other wallet that supports WalletConnect. Let us know in the comments, Dis
Due to high demand, users now can connect to RociFi with Ledger via Metamask (previously it was possible to connect only with Ledger HW)! This way, any address on user’s Ledger can
Now, everyone from RociFi community can earn points in the Leaderboard by distributing affiliate links to blog.roci.fi. For example, if your NFCS nr is 100 then your affiliate link will
From the inception of RociFi, many investors and crypto onlookers noted that blockchain-native under-collateralized lending (UCL) was the “holy grail” of DeFi. The ability to issue
RociFi Community, we are pleased to announce for you a new version of the “Community Quest Program” on Crew3! We have revised the grading system, and most importantly introduced a
RociFi is a decentralized credit market with non-transferable, native-to-blockchain credit scores created to support lending with little collateral. The protocol’s fundamental stra
Estamos encantados de anunciar que RociFi, un protocolo de crédito sin garantía ha integrado Chainlink Price Feeds en Polygon MainNet. Integrando la red descentralizada de oráculo
We’re excited to announce that RociFi — an under-collateralized credit protocol — has integrated Chainlink Price Feeds on Polygon mainnet. By integrating the industry-standard dece
Terra and Celsius meltdowns provide another datapoint to showcase DeFi’s superiority to TradFi and CeFi approaches to under-collateralized lending and risk management. Currently, C
Well-functioning credit markets require interest rates that dynamically change to market conditions. As mentioned in our previous rate article, RociFi’s rate strategy is designed t
RociFi’s NFCS (Non-Fungible Credit Score) is a credit, reputation and trust credential that classifies user’s on-chain behavior into an easily interpretable scale from 1–10; with 1
The heartbeat of the RociFi system is the Non-Fungible Credit Score (NFCS). NFCS is an ERC-721 token that is minted on the Polygon blockchain and used to verify ownership of the ad
We are extremely thrilled to announce that today RociFi Labs has launched its under-collateralized credit protocol on Polygon. This is the 1st DeFi protocol where retail borrowers
Competitive interest rates within the bounds of prudent risk management are at the heart of RociFi’s risk management strategy. Using information collected from market conditions, r
A few days away from RociFi’s launch on Polygon we’d want to introduce how RociFi’s under-collateralized lending markets will work for Lenders. Lenders on RociFi can earn high and
RociFi solves permissionless, under-collateralised lending in DeFi. To put it simply, our protocol allows you to borrow more money than you put as a collateral if your credit risk
“The essence of investment management is the management of risks, not the management of returns.” — Benjamin Graham RociFi’s credit risk management is a holistic approach designed
“Perhaps the largest financial value built directly on reputation is credit and uncollateralized lending. Currently, the web3 ecosystem cannot replicate simple forms of uncollatera
In order to borrow from RociFi, users need to be credit risk rated by the Protocol’s credit risk scoring (CS) API. In order to receive a CS, users must mint their Non-fungible Cred
In TradFi, an unsecured lending rate can be thought of as a sum of different components of risk. These may include estimated probability of default, estimated loss given default, a
In response to the popular demand from our community, we are thrilled to announce the RociFi Ambassador program. Join an exclusive army of Ambassadors & become a part of RociFi fam
In the last post we introduced a new term, metazen, which will become the de facto citizenship for Web3 users. In this post we illustrate how RociFi’s non-fungible credit score (NF
RociFi, a decentralized zero and under-collateralized lending protocol, has announced completing a seed funding round of $2.7 million USD from Arrington, Goldentree, Nexo, LD Capit
As Web3 moves commerce to a more decentralized global marketplace where people transact and interact pseudonymously, a reliable digital reputation, i.e. decentralized identity (DID
In order to borrow on RociFi, users must mint an ERC-721 NFCS token (Non-Fungible Credit Score). The NFCS proves ownership of the address bundle that the borrower wishes to be cred
A well-known issue in DeFi is the proliferation of fraudulent actors, i.e. hackers, phishers, scammers, and many more. These exploits cost users and protocols millions of dollars e
Under-Collateralized lending is a fundamental building block that has yet to be solved within DeFi. Current blockchain lending is highly capital inefficient due to the overcollater
With Ukraine receiving donations in bitcoin and ethereum, what more could the country do with it if it were plugged into decentralised finance? Keynes argued that public debt and d