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Announcing RociFi Leaderboard

2023-01-30

Today, we are excited to introduce the RociFi community to the public Leaderboard.

Why are we launching Leaderboard?

How does Leaderboard work?

The leaderboard position is defined by Repayment, Borrow and Deposit activity on RociFi in this priority order

  1. Repayment points, descending

Total repaid amount pto date in USD across all pools on RociFi multiplied by the duration of the loan (in days) divided by 10 and rounded to 0 digits after comma.

2. Borrow points, descending

Total borrowed amount to date in USD across all pools on RociFi multiplied by the duration of the loan (in days) divided by 10 and rounded to 0 digits after comma.

3. Nr of liquidations, ascending

Total nr of liquidations on RociFi: either by loan maturity or by price.

4. Deposit points, descending

Total deposited ever in USD multiplied by days of each deposit (“streaks»).

5. Scores, ascending

The better the score, the higher you are in leaderboard

6. NFCS ID, ascending

The older your NFCS ID, the higher you are in the Leaderboard.

Therefore, the more you borrow and repay on time on RociFi and the better your score, the higher your position is in the Leaderboard.

Leaderboard re-calculates and updates every 48 hours.

Leaderboard sums up data from RociFi V1 and V2 activities.

By clicking on “Check my position” after connecting their wallet, users can navigate to their place in the leaderboard

You can learn about Leaderboard dynamics by clicking on “How the Leaderboard works” and browsing info cards.

Leaderboard cohorts

All NFCS holders will be organized in cohorts.

this is the Top cohort of RociFi’s most frequent and loyal users!

If you didn’t repay your loan in time, you will be moved to the cohort of Defaulters (score ‘101’) until you repay all your debt and your leaderboard position will be moved to the end.

Rewards?

Of course!

During the first week of each month (starting from February) we will reward top addresses in the leaderboard in the following way

Let the Leaderboard competition kick-off!

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RociFi — Capital-Efficient Lending Protocol on Polygon