RociFi - DeFi Primitive Under-collateralized Credit protocol.

[Joe.qp 9533]

28th June 2022, RociFi - Under-collateralized credit protocol launched its main network on Polygon!

 

A unique feature of RociFi is the ability to get an under-collateralized loan, instantly and without KYC, but provided that the borrower has a high credit rating. The basis of this rating is the technology of NFT, so the user in the first place can not burn it or transfer it to another, and in the second

 

To get a credit in RociFi users must first mint their personal NFCS, it serves for accounting credit history, reputation and level of trust, based on your web3 history, interaction with other DeFi protocols in several blockchains.

 

Learn more about NFCS

 

You can minting out your NFCS 👉 here.

Mint is free (gas fee only). 

 

▶️ FOR BORROWERS:

- Instant NO-KYC under-collateralized loans.

- The lowest collateral ratio (from 0% to 90%).

- Fixed APR and Duration loans.

- For institutional borrowers, a grace period with protection against liquidation is available.

 

You can now get a loan based on your credit score:

- Users with a high rating (1-3) will have access to loans with zero collateral.

- Users with an average rating (4-6) will have access to under-collateralized loans.

- Users with a low score (7-10) will use RociFi as a regular over-collateral credit protocol.

 

▶️ FOR LENDERS:

- 90% of the revenue goes to depositors.

- No deposit lockup.

- Pools with controlled risk. Protection against fraud and assessment of the reputation of borrowers.

 

Lenders have the opportunity to choose a pool and accordingly the category of borrowers to which they want to borrow their assets.

 

✨ PROMOTION:

12 July, RociFi launched a promo campaign and reduced interest rates on loans!

The action will last for a month until 12 August inclusive!

 

➡️ Under-collateralized loan: 1%

➡️ Over-collateralized loan: 0,5%

 

You are unlikely to find interest on loans lower than during the RociFi promo campaign...

 

The project has completed 2 phases of the testnet, as well as has 2 security audits from Certik and Chainsulting! Reports are available in our Github repository.

 

During initial funding rounds, RociFi raised 2.8M$ from Arrington XRP Capital, Golden Tree, Block Ventures, NEXO, LD Capital, Signum Capital, SCC Investments and Skynet Trading.

 

You can find more information about RociFi here:

Website | Discord | Twitter | Telegram | Blog

 

P.S. The topic uses UTM links, confirmed by the administration of the forum.

Edited July 31, 2022 by Joe.qp

[Joe.qp 9533]

Reserve for activity

[Joe.qp 9533]

📢 We are happy to share with you the great news: 

 

RociFi has received a grant from Polygon DAO, which means that in the future we will have more opportunities for the development and scalability of our decentralized under-collateralized lending protocol!

 

Polygon DAO & Polygon Village help to develop projects in all possible ways, providing support in many areas!

 

https://twitter.com/rocifi/status/1554052817249345536

[Joe.qp 9533]

RociFi Integrates Chainlink Price Feeds to Value Under-Collateralized Loan Collateral in Real-Time

 

 

We’re excited to announce that RociFi — an under-collateralized credit protocol — has integrated Chainlink Price Feeds on Polygon mainnet. By integrating the industry-standard decentralized oracle network, we now have access to high-quality, decentralized, and tamper-proof price data feeds — critical infrastructure needed to help calculate the price of loan collateral in real-time.

 

✨ Learn more:  https://link.medium.com/HpJFzHtZdsb

[Joe.qp 9533]

We are pleased to announce that in a month since the launch of our under-collateralized credit protocol, more than 10k of NFCS have been minted! 🎉 

 

https://polygonscan.com/token/0x839a06a50A087fe3b842DF1877Ef83A443E37FbE

 

🥳 We want to celebrate this event and created a new Giveaway on Quest3:

https://app.quest3.xyz/RociFi/quest/907

 

🎁 5 USDC for 20 lucky winners! 

 

Еvery day we will choose 2 random winners from among the participants who correctly completed our quest! Details at the link above! 

 

P.S. "Blank Tweets" will not be considered correctly executed and we will have to give your prize to another participant... Please fill out the form according to the description of the quest!

 

Good luck! 🍀

[Joe.qp 9533]

📢 BIG update for our community: 

 

We have updated our Community Quest Program on Crew3! Now participants will receive a reward in USDT for earned points!

 

📔 Read more in our blog:

https://blog.roci.fi/community-update-rocifi-launches-crew3-quest-program-vol-2-5ccb55d498a7

 

👏 Do not forget to clap if you like this format of activity in the project! 

 

✨ Join Community Quest Vol.2:

https://rocifi.crew3.xyz

[Joe.qp 9533]

We have opened our community in PYME and the first quest will be associated with the minting of NFCS! 🧐 

 

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

 

✨ Mint your credit score and get 50 Pyme points:

 

https://pyme.team/quests/rocifi-mint-your-nfc-on-rocifi

[Joe.qp 9533]

We celebrate 10k followers on Twitter! 🎉

 

 

🏆 3 random winners will receive 50 USDC each!

 

✅ Subscribe to https://twitter.com/rocifi

✅ Like + retweet

✅ Send a screenshot of your NFCS in comments + tag 3 friends

 

⏳ The results of our draw will be known on August 26! Good luck! 🍀

 

Another important announcement was left unattended! 👇

 

📢 We have launched a referral program!

 

Now anyone can invite other users to interact with our credit protocol and receive quite tangible rewards through our Crew3 program!

 

As a reminder, a user who earns 1000xp in the Community Quest Program on Crew3 will be able to exchange them for $10!

 

Referral program rewards are as follows:

 

1. New Mint NFCS: 5xp

2. New loan from $5 to $100: 20xp

3. New loan from $100 to $500: 40xp

4. New deposit from $50 to $1000: 10xp

5. New deposit over $1000: 30xp

 

Details about our referral program and how to participate in it can be found in this article: https://blog.roci.fi/introducing-affiliate-links-a9a30305def9

 

The program is running in test mode, so the process of submitting reports and the amount of rewards may change. Stay tuned! 🙏

[Joe.qp 9533]

Only a week did not publish the news, and there were a lot of them!

 

Briefly about the latest events:

 

Galaxy Early Contributor (until 23.09)

https://galaxy.eco/RociFi

Galaxy campaign launched! You can take out a loan or make a deposit above $100 and get the first badge from the Early Contributor series. Soon we will also announce their purpose.

 

15k NFCS on Lenster (until 3.09)

https://lenster.xyz/posts/0x39fa-0x02

If you have a profile on Lenster.xyz, you can take part in the draw by sending a screenshot of your NFCS!

 

Contest for Researchers! (until 2.09)

https://twitter.com/rocifi/status/1564187379921035264?t=8IBOjBmurVMGakdxvGFK9A&s=19

Your task is to create an analytical or research thread on Twitter and talk about RociFi or its credit protocol and NFCS. The winner will be selected based on the quality of the study and the number of interactions.

 

It's also not all news!

 

We've just released August Week34 Product Update!

 

🥊 Support for Ledger via Metamask

🥊 Partial Repayment

🥊 Dashboard layout improvements

 

More details: https://blog.roci.fi/rocifi-releases-v1-09-august-week34-update-dcf729c6911d

[Joe.qp 9533]

We have issued more than 1000 under-collateralized loans and want to celebrate this event!

Yesterday we launched another contest on Twitter! 🥳
 

To participate, you need to take a loan of more than 25 USDC and send your transaction hash in the comments to this tweet, as well as subscribe to RociFi and retweet this entry!

🏆After 10 days we will select 5 random winners who will receive 25 USDC each!

Subscribe to us, there will be a lot of interesting things ahead! ❤️

[Joe.qp 9533]

📢 At the end of this week, we are pleased to announce a big update to our protocol!

 

We have updated the algorithm for collecting and analyzing credit data which should give a better assessment of the user in terms of possible risk. We also added the AAVE V3 protocol to the list of analyzes, so if you have previously interacted with it, it may affect your NFCS for the better. 

 

➡️ Learn more about the update in this article:

https://blog.roci.fi/rocifi-credit-score-update-september-2022-4698de5240e

 

We also added support for "Wallet Connect" so that more users can access RociFi and under-collateralized on-chain credits & Possible to add a new address to the existing NFCS! At the request of the community, we added graphics userpic for NFCS! See in your wallet or on OpenSea 👀

 

➡️ Learn more about the update in this article:

https://blog.roci.fi/rocifi-releases-v1-10-september-week38-update-b57f07ba233b

[Joe.qp 9533]

👋 Good morning, RociFighters!

 

 

dApp RociFi added on Dapp Radar. Now you will get full statistics on RociFi protocol:

 

https://dappradar.com/polygon/defi/rocifi

 

✅ Get your Limited NFT on Quest3:

https://app.quest3.xyz/quest/689157959357383102

[Joe.qp 9533]

Hello dear community! We announce the start of contest with our friends "Nawarat"

 

Nawarat - Real-time NFT appraisal tool. These oracles are designed to gain a deeper understanding of role NFT in crypto market. 

 

🎫 Get the invite code for testnet by participating in Discord activities of Nawarat:

https://discord.gg/epzScZcNnU

 

We also launched a campaign on Quest3 in which we offer to get acquainted with our projects!

 

📓The contest takes place here:

https://app.quest3.xyz/quest/693746578574172196

 

Complete quest and get cool NFT! 🎉

 

📝 Reminder: We held a contest for the Relation community, winners please claim their Contributor Badge here:

https://app.quest3.xyz/quest/693892535173402734

 

⏳ Campaign time until the end of the year (31.12.2022)

[Joe.qp 9533]

RociFi is now available on Dapp.com!

 

Get up-to-date real-time usage statistics for our protocol here:

https://www.dapp.com/app/rocifi

 

❤️ Don't forget to follow us and like us! 

 

We also launched a small quest on Quest3 with NFT Reward, details here:

https://app.quest3.xyz/quest/695071529956307431

[Joe.qp 9533]

It's time for important updates!

 

 The release of a new version of the protocol is coming, which means that we need proven testers who will try the product and share their authoritative opinion!

 

 What are the main updates in this release?

 

 1. The ability to repay an unpaid loan and regain access to RociFi, as well as restore a credit score (NFCS) will be added.

 2. Added new assets for loan and collateral.

 3. Fixed UX/UI design.

 4. Fix small bugs.

 

 There is no information about rewards for testers yet, but this is not certain!

 

 To join the closed public testing, you need to:

 1. Join Discord: https://discord.gg/rkme7sGeSs

 2. Fill out the form: https://forms.gle/HUW16va7bN1SXsLk6

[Joe.qp 9533]

We are back on Cryptotalk!

 

What happened during these three months?

 

💻 January 17 RociFi finally launched V2!

https://v2.roci.fi/app

 

 - Lending pools with USDC and USDT on the Polygon network

 - 7 and 30 day loans (+5 days grace period)

 - 6 types of collateral: WETH, WBTC, MATIC, DAI, USDC and USDT

 - 110 loan configurations from 80% to 130% LTVs for various NFCS credit ratings

 

 👽We also launched our NFT collection: RociFighters: First Edition

 

 You can get more information about her in our Discord: https://discord.gg/ZG6EgGtsaJ

 

 Find more news in our weekly recap!