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

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