RociFi Dapp v2.06 Update: WETH pool and new collaterals on zkSync!

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 zkSync can lend and borrow WETH (Wrapped ETH) in addition to USDC. Users who deposit or borrow WETH are also eligible for the liquidity mining rewards allocated for users on zkSync for the ROCI rewards distribution campaign ongoing until June, 15th, 2023.

Note that WETH is not equal to the original ETH. ETH can be wrapped to WETH by doing swap on Syncswap

From now on, users on zkSync can borrow USDC and WETH using either such stablecoins as LUSD, USDC or variable assets like ETH, 1INCH, PERP, WOO as collateral.

The same Collateral Factor applies to all asset-collateral pairs at the moment: 119%.

RociFi — On-chain Scoring and Capital-Efficient Lending Protocol on Polygon