Gora Announces Merger with RociFi
Gora the multi-chain oracle network built on Algorand, and RociFi, the leading credit score oracle protocol on EVM, are excited to announce its groundbreaking merger. This collaboration marks a significant turning point for Gora Network, unlocking new possibilities and solidifying its position within the DeFi landscape.
RociFi – a new DeFi primitive for under-collateralized lending
Christopher Brookins is the co-founder of RociFi, a new DeFi primitive for under-collateralized lending. In order to borrow on RociFi, users must mint an ERC-1155 token, NFCS (Non-Fungible Credit Score). The NFCS proves ownership of the address bundle that the borrower wishes to be credit scored. The NFCS operates as on-chain reputation and credit score.
RociFi Launches Under-collateralized Credit Protocol On Polygon
RociFi has launched what it describes as 'DeFi’s 1st permissionless, under-collateralized credit protocol' on the Polygon network.
RociFi Raises $2.7 Million in Seed Funding to Lend Money to Anonymous DeFi Users
RociFi’s decentralized lending protocol is designed to facilitate zero and under-collateralized loans for institutional and retail DeFi borrowers.
RociFi and CyberConnect Announce Partnership
Web3 decentralized credit economy project RociFi has announced a partnership with leading decentralized social graph protocol CyberConnect.
