zkSync

Decentralized lending protocol RociFi announced its integration with zkSync Era, allowing users on the network to borrow <a target="_blank" href="https://tokeninsight.com/en/coins/usd-coin/overview">$USDC</a> using <a target="_blank" href="https://tokeninsight.com/en/coins/ethereum/overview">$ETH</a> as collateral.RociFi is a credit market with an on-chain credit scoring model. It allows borrowers to take fixed-term fixed-rate stablecoin loans with reduced collateral while giving lenders the possibility to earn interest from depositing their assets into lending pools. The core of the protocol is the NFCS (Non-fungible Credit Score) credit token, which is a ERC-721 token that a prospective borrower mints to see if they are eligible or not for an under collateralized loan.&nbsp;<a target="_blank" href="https://tokeninsight.com/en/cryptocurrencies">TokenInsight</a> is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email <a href="mailto:news@tokeninsight.com">news@tokeninsight.com</a>. Your trust will be well respected.

Lending Protocol RociFi Integrates with zkSync Era

TokenInsight

Other articles published on May 26, 2023

Platinum Group, F1 Ticket Provider, Introduces NFT Tickets for Worldwide Racing Event

Ordinal Pepe (OPEPE) Is Listed for Trading on LBank Exchange

Top DeFi Dapps on Stacks

Coinone Shaken by Crypto Listing Bribery Scandal in South Korea

Dubai Urges Cooperation to Fight Scams

Bitcoin Threatened by Bearish MACD Crossover on Weekly Chart

Join our free newsletter for daily crypto updates!