Selasa, 30 Maret 2021

Review Rain.Credit($RAIN)

Rain.Credit is an Off-Chain data analytics Aggregation Oracle for the BSC that provides centralized loans and finance market, with low-risk and guarantee.


Trade $RAIN on

pancake swap: https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x489f2c22c40f443b4dfac60ec6ea2d65f831f929

Add $RAIN token address below to your wallet i.e Metamask and BSC wallet and you will receive the equivalent $RAIN token immediately

$RAIN CONTRACT ADDRESS - 0x489f2c22c40f443b4dfac60ec6ea2d65f831f929

Off-Chain Oracle Analytics Aggregation for On-Chain Trust on Binance Smart Chain

Rain.Credit leverages the power of its off-chain oracle analytics to provide on-chain protocols with trust data, combined with a lending platform. Allowing you to safely maximize borrowing while gaining access to additional digital assets.

Rain.Credit: Off-chain Oracle Analytics Aggregation on Binance Smart Chain

Rain.Credit is a service that provides information about a customer loan application to reduce the risk of default, excessive risk taking and criminal activities to investors. The more information provided by the borrower, the less collateral needed to borrow and the more funds available to be borrowed.

We are increasing access to loans for customers through rain credit DROPS by analyzing customer payment history in binance smart chain, ethereums native chain as well as other third party chains in exchange for access to more loans and other services.

Rain credit DROPS is simply the extra amount of RAIN tokens we offer borrowers without any extra collateral based on their transaction history and rating from rain credit Off-chain Oracle Analytics Aggregation.

The problem with Oracle Lenders on Ethereurm

Ethereum’s smart contracts are completely self-contained and any data or access to off-chain data is limited. For security purposes, this is necessary because execution in blockchains must be deterministic and the reaction to subsequent calls to outside APIs can change in unknown ways. Nevertheless, with additional outside data, aggregating multiple information data from multiple chains some desirable forms of smart contracts functionality are feasible.

An Oracle is a conceptual solution that takes off-chain information from the real world and submits an immutable copy of this information into blocks, making it open for future use of smart contracts.

Example of Real world events that can affect on-chain loans and chances of default include but not limited to;

  • Customer account activity
  • Payment history
  • Excessive Leveraging
  • Government Regulations

Accessible Intelligence off-chain

Real world events and customer information accessible off-chain would be used to improve authenticity of borrowers and further alleviate the risk of default. Intelligent Information such as transaction history, loan history, account transaction history, liquidations on Bsc chain, ethereum native chain as well as other proprietary chains api’s will be analyzed for defaults and other activities.

Transaction history and Account forensics

Loan Tracker information provided by bscscan, etherscan and using the graph api’s to analyse compound, aave, cream and other loan offering protocol data about a user’s address will be used to create a Credit Score on the user’s address. This credit score will be used by investors to gauge a borrower’s credit rating thus minimizing losses and default risk.

If you are fascinated about blockchain, cryptocurrency, defi, binance smart chain, ethereum, an open future to make the world a better place to come join our community in building risk.credit as we create a world without boundaries.

Rain.credit Off-Chain Analytics Aggregation Oracle

Decentralized lending platforms are a prime example of how blockchain technology and deFi is rapidly accelerating everything we know about finance. Previously banks, Investment Houses and other Mega Financial Corporations where the only way people earned interest on their capital, accessed loans and other financial services. Today, with new protocols been developed at a rapid pace, deFi has proven to be a solid contender when it comes to storing your money, accessing loans, earning a good return, quick liquidity and a host of other services. One of these protocols looking to further accelerate more concise checks in the lending/earning space of deFi is rain.credit.

Rain.Credit is a BEP20 token on the Binance Smart Chain which acts as a non-custodial Off-Chain Data analytics Oracle Aggregator providing concise Credit rating on a user’s address. This credit rating is used to provide a better collateral factor for digital asset lenders and borrowers on the rain platform. Rain.Credit is based on the current decentralized lending platforms and protocols, but with various changes to bring an even more innovative design and experience.

What makes us so unique is how we will use Aggregated Off-Chain analytics to help reduce investors exposure when they begin to interact with our ecosystem.

The way our ecosystem benefit’s from this innovation is quite simple. A user who provides as much information as possible regarding their transaction history across multiple chains, will require less collateral than a user with opaque transaction history. This provides a transparent view to other lenders or borrowers which in turn creates a safer ecosystem. Users who supply this information will also get additional access to $RAIN tokens which is available to borrowers without needing any additional collateral. The amount of tokens a borrower can receive is based on the user’s Aggregated transaction history from the rain Off-Chain Analytics Oracle derived rating score. The formula to decide the amount of $RAIN token to be lent is as follows:

RAIN = Amount to borrow + Transaction History / Amount to secure

An Off-Chain API interface for third party integration with other companies, protocols, developers and deFi apps will be provided. Some of the key features that will be available include multiple POST and GET endpoints for multiple Ethereum Layer 1 and Layer 2 chains. Over time other features will be introduced, some of these features are: Integration with external data providers and directories, Decentralized account blacklist tracker, smart contract analysis, on and off chain measurement of equity and assets, Loan aggregation engine, Shared AMM across multiple chains, Investment Intelligence and so much more will be released in the future and will be free to the $RAIN community members.

Oracles provide a solution to the transparency issue many defi projects face. By taking off chain information and supplying the data in an immutable way, the Rain.Credit Oracle enables smart contracts to pull data from from blocks that contain the needed information. The information transmitted by the Rain.Credit oracle will include things that can’t be tracked or monitored by the blockchain. This includes user payment history across multiple chains, real world economic events, changing government policies and user account history.

By providing a completely transparent layer, trust is entrenched by both lenders and borrowers. Instead of blindly lending someone a crypto assets without any sort of history of proof of previous fulfillment of lending requirements, a lender can look into the users past payment history with other lending protocols and determine the amount of collateral required dynamically (More for risky lenders). This allows the lending protocol to have a more fine grained control on asset allocation to a particular user depending on their credit score. Other external factors can also influence this confidence, but it would not be possible without the information the Rain.Credit Oracle provides.

By taking advantage of the Collateral Debt Position which is utilized by Compound, Aave, Cream and other providers while also combining pooled assets through our AMM. User’s will have an entirely different experience not seen with any other lending providers. With $RAIN, you can borrow the sum of up to 70% of your collateral (for example you can borrow 70 BNB and its equivalent value in BUSD, DAI or any other stable coin with 100 BNB posted as collateral).

Users who take out additional borrowed $RAIN tokens would be subject to additional interest and would have to fulfill payment at a set time. If the user is unable to fulfill their payback agreement before a liquidation occurs, the user would be subject to a less positive analytic rating which would lessen their chances of being granted another loan on the platform.

How Rain drops works

Tokenomics

$RAIN has a simple distribution model. It’s total supply consists of 800,000 $RAIN. The token distribution is as follows:

  • 40% will be sold via presale
  • 20% will be used for project development
  • 20% will be used to provide Liquidity and yield farming
  • 10% tokens will be allocated for team (For 2 years, these tokens will be locked to instill confidence in the community)
  • 10% will be used for marketing

Rain.Credit is taking the opportunity to create a more trustworthy ecosystem while also providing an incentive to participate in borrowing and lending to increase a user’s Credit score. Off-Chain analysis utilization to build trust in lending and borrowing in the defi space is something that has not been explored before loans are processed. With the ability to use real life information and events as a factor in decision making, users can worry less about credibility, trustworthiness, higher collateral factor and focus on using their assets to help grow their portfolios while participating in an innovative and trailblazing platform.

Rain.Credit Tokenomics for Upcoming IDO

Token Breakdown

Max Supply: 800,000 $RAIN

40%: $Rain Private & Public Sale

The total allocation for the sale of the $RAIN public and private sale is

(40 percent), which will be further split as 40% for private sale, and 60% for

public sale. All unsold token will be burned or supplied back to the liquidity

pool for yield farming to the benefit of our community. We will allocate funds

raised from sales to the continued development and improvement of the Rain.Credit platform.

20%: Liquidity allocation & Yield Farming

20% of $Rain will be allocated for liquidity and yield farming, which will

be further split as 15% for liquidity farming and 5% for yield farming. The

yield farms will go live 2 weeks after completion of sale rounds.

20%: Rain.Credit Ecosystem Development

We will be building Rain.Credit analytic platform, farm and loans. The development allocation will help us grow our activities, develop and secure our platform. This allocations will help facilitate the development of the 3 key aspect of the $Rain ecosystem. The Rain.Credit farm, Rain.Credit Lending and Rain.Credit analytics platforms.

10%: Team Share of $Rain

For 2 years, our team’s tokens (10%) will be locked. This is a token of confidence that we give our community to show that our top priority lies in the high quality development of the Rain.Credit ecosystem. We will keep the storage of these tokens public through a time lock contract to be shared in due time.

10%: Marketing

Our marketing effort from start will focus on incentivising members of the community who participate in community building, promotion as well as other helpful activities that shares the vision of Rain.Credit. An initial airdrop will be announced through a draw system for members of the community as well as other creative marketing efforts.

RAIN Token Metrics

Summary

Token name: RAIN

Total Supply: 800,000

Hard cap: $250,000

Private sale: $100,000 (1 BNB = 400RAIN)

Public sale: $150,000 (1BNB = 266RAIN)

Initial market cap on listing: $250,000

Initial circulating supply: 320,000

Use of Sale Proceeds

Exchange Listings: 15%

Operations: 20%

Development: 40%

Marketing: 25%

Private Sale Contribution

1BNB == 400RAIN at $0.625 per $RAIN token

Max contribution per address 10 BNB

Public Sale Contribution

1BNB == 266RAIN at $0.96 per $RAIN token

Max contribution per address 6 BNB

Date for the private sale is slated for the 3rd of March 2021 and 5th of March 2021 for the public presale.

Rain.Credit Roadmap

Q2–2021 (Testnet Season)

Our focus for the second quarter of 2021 is to get the platform in full gear with the Oracle and Lending platform working effectively on the testnet within a short period of time. We also aim to further build on the Oracle platform by building the “Trust Network”, which motivates data providers.

  • $RAIN token Presale (read more)
  • Exchange Listings
  • Testnet Off-Chain Aggregation Oracle Analytics
  • Testnet Lending Platform.
  • Testnet Trust Network
  • Deflationary Staking and Farming Launch

Q3–2021 (Mainnet Season)

Our focus for the early third quarter of 2021 is to get the platform in full gear with the Oracle and Lending platform migrated from Testnet to Mainnet within a short period of time. We also aim to further build on the Oracle platform by launching the “Trust Network”, which incentives data providers.

  • Contract Audits Lending and Oracle
  • Mainnet Off-Chain Oracle Analytics
  • Mainnet Lending Platform
  • Aggregated Data Providers
  • Trust Network
  • RAIN Oracle Hackathon

Q4–2021 (Middleware Season)

This quarter will be heavily focused on middle-ware integration and an exciting period for our community with the RAIN drops Governance DAO launch.

  • Oracle Network Release 2.0 (Beyond Aggregation Analytics)
  • Off-Chain Oracle Marketplace Release supporting multiple chain
  • RAIN GraphQL Abstraction Layer Launch
  • RAIN Governance DAO
  • Off-Chain Asset Management and Monitoring Platform Release
  • Off-Chain Asset Management and Monitoring Platform Release (One-Click Integration with non-blockchain based platform)
  • Comprehensive API and Documentation Release

Q1–2022 (Cross-Chain Season)

First Quarter will see a focus on Cross-Chain integration beyond the Ethereum network with a view to make our services available across multiple blockchain networks.

  • Cross-Chain Collateral Lending
  • Cross-Chain Oracle Launch
  • Smart Contract Analytics Platform
  • Cross Chain Trust Score (Beyond Ethereum Network)
  • Asset Group Trust Score
  • Continuous development and improvement of the Trust Network
  • Academic research and publication of Trust Score impact in the DeFi sector

Rain.Credit Team

Rainbuilder / Lead Developer

Blockchain Engineer, Researcher, Developer with over 10 years of combined experience in FinTech, Machinge Learning, Data Science, and the Blockchain Industry.

Hail / Developer

Full-stack engineer with over 5 years experience in the blockchain industry. He is also very well versed in Rust, Python & Golang

Drizzle / Community Manager

Over 3 years experience in crypto, 5 yrs in customer relations, public relations and great presentation, interpersonal and relationship skill

Monsoon / UI/UX Designer

Decentralized tech enthusiasts. Love's good Design, Technology and Innovation

Conclusion

Rain.Credit is taking the opportunity to create a more trustworthy ecosystem while also providing an incentive to participate in borrowing and lending to increase a user’s Credit score. Off-Chain analysis utilization to build trust in lending and borrowing in the defi space is something that has not been explored before loans are processed. With the ability to use real life information and events as a factor in decision making, users can worry less about credibility, trustworthiness, higher collateral factor and focus on using their assets to help grow their portfolios while participating in an innovative and trailblazing platform.

Rain.Credit is fueled by a driven team and a passionate and growing community.

Website: https://rain.credit/

Telegram: https://t.me/joinchat/UqEl0GyJZ4WkDUWR

Github: https://github.com/orgs/Rain-Credit

Medium: https://rain-credit.medium.com/

Twitter:  https://twitter.com/rain_credit

Discord: https://discord.gg/aEc7NWbU

AUTHOR:

Bitcointalk UserName: Wong linglong3

Bitcointalk Profil: https://bitcointalk.org/index.php?action=profile;u=1229230

Telegram Username : @Wonglinglong46

BNB-20 WALLET: 0x38064F1795F260930C0459Bf0151aDa02aDbFa45

KNIT FINANCE PROJECT

KNIT FINANCE - Unlocking Full Potential of DeFi Using Cross Chain Synthetics and Bridges.

About KNIT FINANCE

Unlocking Full Potential of DeFi Using Cross Chain Synthetics and Bridges.

KnitFinance is an unique decentralized protocol that combines synthetics across multiple chains, Bridges, and real world markets with yield, lend, trade and margin services through smart contracts

#KnitDeFi Unlocking full potential and easy access to #DeFi

What is KnitFinance

KnitFinance bridges multiple non-Ethereum chains with wrapped tokens. Any asset can be leveraged within Ethereum DeFi and implemented into liquid lending and trading.

Anything decentralized should be available to anyone and everyone. But DeFi today is predominantly dependent on ERC-20 tokens. ERC-20 standard has proven to be the go-to for decentralized lending, borrowing, and yield farming, etc. However, this leaves out the participation of other assets of independent blockchains. These assets and their hodlers have a huge barrier to entry into DeFi. KNIT.finance solves this problem in one fell swoop.

KNIT.Finance unlocks the entire crypto ecosystem to DeFi using cross-chain synthetics and bridges. Existing DeFi protocols determine which tokens and projects get to participate. KNIT Finance’s decentralized protocol leverages smart contracts to combine DeFi pools with billions of assets from non-ERC-20 chains. By creating a standard for non-ERC-20 coins to convert to synthetic ERC-20 tokens, KNIT Finance opens up an entire world of new possibilities.

Any coin or token on any blockchain could be converted to an equivalent synthetic token of the ERC-20 format. The original token and the synthesized token will represent each other in a 1:1 ratio. On the contrary, with KNIT, ERC-20 tokens could also be synthesized on other blockchains in a 1:1 ratio. In addition to cryptocurrencies, real-world assets such as fiat, gold, and stocks can be synthesized using KNIT Finance.

The Protocol That You Deserve

Are you a holder of a non-ERC-20 token? How many times have you felt the need to convert your holdings to an ERC-20 token to participate in DeFi? Being crypto enthusiasts and traders ourselves, it is one of the major roadblocks that we faced. We believe in hodling multiple crypto from multiple chains and not just one. We also believe in DeFi. But the two ideals seemed like they were never meant for each other. So, we came up with a unique decentralized protocol that helps us and the crypto community to enter DeFi without having to forsake our holdings — a multi-chain bridge to DeFi.

Features

For Every Coin: For every coin hodler, we provide an option to trade and leverage their coins in the DeFi space. Coins (E.g.: LTC) that were previously out of DeFi’s scope will now have complete access to all of DeFi’s features.

Flexibility of ERC-20 standard: ERC-20 standard is known to be flexible, possessing the highest transferability and accessibility with the world’s second-largest blockchain network. Every coin now has the opportunity to leverage Ethereum’s flexibility.

Global Liquidity Pool: A global liquidity pool is being opened to Ethereum and vice versa.

Read-World Assets: Stocks, Gold, and Fiat can be synthesized to trade on Decentralized Exchanges, essentially decentralizing centralized assets, giving more power to the trader.

Community-Driven: 100% governance of these tokens will be through the community.

DAPPs: DAPPs can now access tokens on other blockchains using only their Ethereum nodes via KNIT’s synthetic tokens. They can also receive payments in these tokens.

Why Choose KNIT Finance?

Lend, Trade, and Yield Farm with Any Asset

Knit.Finance creates incredible opportunities for both altcoins and Ethereum DeFi. The protocol onboards new assets to the highly liquid Ethereum network and allows them to be plugged into existing yield generating opportunities.

Ethereum DeFi grows and altcoins generate new utilities.

Cross-Chain Bridges for Maximum Interoperability

Knit.Finance has created proprietary bridges to port altcoins on to the Ethereum network. These wrapped tokens are unique form of synthetic asset that is backed 1:1 by the represented altcoin.

Tap into the Physical World with Digital Assets

Knit.Finance provides synthetic assets for exposure to physical world assets, providing a novel opportunity for portfolio diversification within Ethereum DeFi. Knit supports commodities, equities, and fiat.

One Solution Fits All

Cross-Chain

Knit.Finance stands at the forefront of interoperability by enabling altcoins to be ported to Ethereum DeFi within a single UI.

Synthetic Assets

Knit.Finance makes equities, commodities, and fiat accessible within Ethereum DeFi, enabling greater asset exposure to the crypto community.

Token Economics and token uses

Staking

Knit.Finance stands at the forefront of interoperability by enabling altcoins to be ported to Ethereum DeFi within a single UI.

Pay for fees

Knit.Finance makes equities, commodities, and fiat accessible within Ethereum DeFi, enabling greater asset exposure to the crypto community.

Protocol governance

Knit.Finance makes equities, commodities, and fiat accessible within Ethereum DeFi, enabling greater asset exposure to the crypto community.

We're pleased to announce our Partnership with @Nuls

#Nuls will use #KnitDeFi multi-chain solution for getting NULS tokens on multiple chains.

Read More : https://knitfinance.medium.com/knit-finance-partners-with-69d75c551d87

The Partnership Entails

Knit Finance gives $NULS holders the ability to use the token as a payment instrument in their marketplace.

Nuls will use KnitFinance’s multi-chain solution for getting NULS tokens on multiple chains.

Knit Finance

A unique decentralized system unlocking the full Potential of DeFi using cross-chain synthetix and bridge, a protocol that combines synthetics across multiple chains, bridges, and real-world markets with yield, lend, trade, and margin services through smart contracts.

Knit Finance bridges multiple non-Ethereum chains with ERC20 in Phase 1. Any digital, lockable asset can be leveraged with KNIT.Finance by generating equivalent synthetix tokens in a 1:1 ratio, hence unlocking billions of dollars and trade access which can be censor proof.

Nuls

NULS is an open-source, enterprise-grade, adaptive blockchain platform that offers fast-track business solutions for developers. Featuring microservices, smart contracts, cross-chain interoperability, and instant chain-building, NULS sets a new industry standard in streamlining blockchain adoption.

The microservice-layer design of NULS makes it easy for developers to quickly create modules for anything. NULS provides fluid, cost-effective, time-saving solutions for developers with minimum blockchain experience.

Knit Finance Partners With API3 to Expand the Scope of Multi-chain Assets using on data feeds

API3 powers the creation of decentralized applications with Airnode-enabled APIs and decentrally governed dAPIs (data feeds), with users being insured against data feed malfunctions. 

Through this partnership, Knit Finance users can use this data to program wrapped token ERC-20 versions of any digital, lockable asset that can be lent, borrowed, margin traded, yield farmed. By wrapping stocks, gold, and even fiat, these real-world assets can be brought into the DeFi ecosystem.

Read more about our partnership here: cutt.ly/Ex7HhC7

For more information, please visit:

Website: https://knit.finance/

Medium: http://knitfinance.medium.com/

Telegram: http://t.me/knitfinance

Twitter: https://twitter.com/KnitFinance

Facebook: https://www.facebook.com/KnitFinance-106586011273309

Linkedin: https://www.linkedin.com/company/knitfinance

Reddit: https://i.imgur.com/EcQUEUF.png

Author:

Bitcointalk UserName: Wong linglong3

Bitcointalk Profil: https://bitcointalk.org/index.php?action=profile;u=1229230

Telegram Username : @Wonglinglong46

ETH Address: 0xB83929049C908CF9cb1678A4a2f96d67b645bf97