Rain Credit is a BEP20 token on the
Binance Smart Chain that acts as an aggregator for offline data analytics,
providing a concise credit rating for a user's address. This credit rating is
used to provide the best collateral for lenders and borrowers of digital assets
on the Rain platform. Rain Credit is based on current decentralized lending
platforms and protocols, but with various changes that provide even more
innovative designs and capabilities.
Features of Rain.Credit:
- Off-chain Oracle Analytics
- Digital trust
- Non-custodial lending
- Credit rating
- The web of trust
- Binance smart chain / ethereum compatible
Oracles solve the transparency problem faced by many Defi projects. By removing information from the chain and providing data in a consistent way, Rain.Credit Oracle enables smart contracts to extract data from blocks containing the information it needs. The information transmitted by the Rain.Credit oracle will include things that cannot be tracked or controlled by the blockchain. This includes the history of user payments across multiple chains, real economic events, government policy changes, and the history of user accounts.
Rain Loans is a non-custody digital
asset lending and borrowing platform. It is based on a composite protocol with
modified asset pools and the use of Rain + to increase access to additional
funds beyond the current CDP offered by Compound Finance, AAVE & CREAM.
Rain is an additional amount of
tokens that we offer to borrowers through our platform without providing any additional
collateral, based on their transaction history and rating from Rain Off-Chain
oracle analytics.
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Tokenomics
The distribution of tokens is as
follows:
- 40%: will be sold on a pre-sale basis
- 20%: will go to the development of the project
- 20%: will be used to provide liquidity and yield
- 10%: tokens will be allocated to the team (within 2 years these tokens will be locked to instill trust in the community)
- 10%: will go to marketing
Rain.Credit roadmap:
Our goal in Q2 2021 is to get the
platform fully operational in a short time so that the Oracle and Lending
platform will run efficiently on the testnet. We also strive to further develop
the Oracle platform by creating a “web of trust” that motivates data providers.
$RAIN token presale
Exchange listings
Offchain Aggregation on Oracle
Analytics Testnet
Testnet lending platform.
Test Web of Trust
Deflationary staking and farming
start-up
- Q3–2021 (main chain season)
Our goal at the start of Q3 2021 is
to get the platform fully operational with the Oracle and Lending platform
migrated from testnet to mainnet within a short period of time. We are also
looking to further develop the Oracle platform with the launch of the Trust
Network, which encourages data providers.
Contract audits, lending and Oracle
Offline Oracle Analytics
Mainnet lending platform
Aggregated data providers
The web of trust
RAIN Oracle Hackathon
- Q4–2021 (middleware season)
This quarter will be heavily
focused on middleware integration and an exciting time for our community with
the launch of RAIN drops Governance DAO.
Oracle Network Release 2.0 (besides
aggregated analytics)
Off-Chain Multi-Chain Oracle
Marketplace Release
Running the RAIN GraphQL
abstraction layer
RAIN Office DAO
Release of an autonomous asset
management and monitoring platform
Release of an autonomous asset
management and monitoring platform (one-click integration with a non-blockchain
platform)
Comprehensive release of API and
documentation
- Q1–2022 (cross-chain season)
The first quarter will focus on
cross-chain integration outside of the Ethereum network with the aim of making
our services available across multiple blockchain networks.
Secured lending between chains
Cross-chain Oracle launch
Smart contract analytics platform
Cross-chain trust score (outside of
the Ethereum network)
Assessing the trust of a group of
assets
Continuous development and
improvement of the Trust Network
Academic Research and Publication
of DeFi Trust Assessment Results
Rain.Credit Team
Rainbuilder / Lead Developer
Hail / Developer
Drizzle / Community Manager
Monsoon / UI / UX Designer
Rain.Credit seizes the opportunity
to create a more robust ecosystem and also provides an incentive to engage in
borrowing and lending to improve a user's credit rating. Using off-chain
analysis to build confidence in lending and borrowing in the defi space is
something that was not explored prior to loan processing. By being able to use
real information and events as a factor in decision-making, users can worry
less about reliability, reliability, higher collateral factor and focus on
using their assets to increase their portfolios by participating in an
innovative and groundbreaking platform.
For more information, please visit
the link below:
Web: https://rain.credit/
Telegram:
https://t.me/joinchat/UqEl0GyJZ4WkDUWR
Github:
https://github.com/Rain-Credit
Medium:
https://rain-credit.medium.com/
Twitter:
https://twitter.com/rain_credit
Discord:
https://discord.com/invite/aEc7NWbU
bitcointalk username : Ainulyaqin
bitcoin talk url : https://bitcointalk.org/index.php?action=profile;u=2787764
BNB : 0x1B7BE3cdd815FAf96a141D1FCABfFFc66D8cE36a
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