Lending Protocol RociFi Integrates with zkSync Era

May 26, 2023

Decentralized lending protocol RociFi announced its integration with zkSync Era, allowing users on the network to borrow $USDC using $ETH 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.

This article is for informational purposes only. It is not offered or intended to be used as investment or other advice.

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