NFCS Bundling Tutorial

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 addresses for which the credit risk score (CS) has been generated.

NFCS operates as a credit, reputation, and trust credential that neatly classifies user’s on-chain behavior into an easily interpretable score from 1–10.

One unique feature of the NFCS is the bundling of multiple wallet addresses, soborrowers can showcase as much wallet history as possible, thus highest creditworthiness.

(1) Mint NFCS

On the home page, in order to access RociFi platform, you must first mint your Non-Fungible Credit Score (NFCS).

(2) Choose your Wallet

(3) Connect Wallet #1

Connect your first wallet and sign a nonce, which will connect it to the NFCS bundle.

(4) Connect Wallet #2

Connect your second wallet and sign a nonce, which connects it to the NFCS bundle.

(5) Connect Wallet #3

Connect your second wallet and sign a nonce, which connects it to the NFCS bundle.

Once you’ve connected all of your wallets to your NFCS bundle (there is no maximum), you can then mint your NFCS.

(6) Mint NFCS

Once you click “Create NFCS” and execute the small transaction, your wallet’s history will be analyzed by RociFi protocol and you’ll receive your credit score.

(7) Start Borrowing or Lending

Once you’ve successfully minted your NFCS and received your credit score, you can begin borrowing or lending on RociFi!

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RociFi — Under-Collateralized Credit Protocol on Polygon