RociFi New DeFi primitive under-collateralized credit protocol! LIVE on Polygon!

anthonypomppompliano
2022-10-21 11:24:05

Decentralized lending is now overcoming an important mark in its development. Funds, large institutional investors have long been receiving loans without collateral, but now it will be available to retail investors, thanks to the NFCS (Non-fungibility Credit Score) developed as part of the RociFi project.

"RociFi is the 1st DeFi protocol where retail borrowers can take advantage of their DeFi transaction history and Web3 reputation in order to take loans with collateral amounts smalleroo than loan principal. RociFi is unlockingl capital efficiency for borrowers which will help DeFi cross the chasm into mass adoption."

bellawilson
2022-10-21 11:39:56

Today we are launching a Layer3 Bounty Campaign to introduce DeFi users and crypto enthusiasts to our undercollateralized lending protocol!

🎯 Available tasks:
 - Mint NFCS
 - Deposit USDC to earn yield
 - Add WETH as collateral
 - Borrow at least 5 USDC