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RociFi releases V1.09 August Week34 Update

2022-08-25

Aug 25

RociFi Community and Users!

We are happy to present you the latest update of RociFi.

The key improvements that it contains

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 be added to the bundle (previously, RociFi has automatically connected exclusively the 1st address). However, the limitation of connecting the 1st address on Ledger still persists if Ledger is connected not via Metamask. Nevertheless, this update should make life of all users way easier!

RociFi Ledger users can connect Ledger via Metamask now

Partial repayment has been enabled on UI, i.e. borrowers can type in the Repayment flow any amount that is less or equal to the ‘total debt’ (principal + interests). Typed amount will be moved from user’s wallet to the target pool. Loan’s LTV will be increased accordingly. Collateral that is partially released should become “Available to withdraw”.

For the borrowers of the over-collateralized pool, we wanted to make loan dashboard more informative in terms of conveying data of when to expect liquidations by price for the over-collateralised loans. Therefore, we have added display of “Liquidation Price” and “Current Ethereum Price” to the dashboard.

RociFi Dashboard for the over-collateralized loans

👂 Let us know in the comments what other kind of features and improvements you’d want to expect from RociFi product in the nearest time!