Not all wallets are equal, your reputation is now your collateral
Introducing Cardano Credit Score, a wallet reputation engine that allows you to borrow without collateral.
Want to see if your wallet makes the cut? Join the waitlist (link below) for access to our early lending pool with 1000 $ada
How it works
1⃣ Your on-chain activity (wallet age, balance, tx history, DAO participation etc) is scored 0-100 through a verifiable open-source algorithm.
2⃣ Your score is minted as a Soulbound Token (SBT) tied to your wallet, accessible for smart contracts to read.
3⃣ Smart contracts use it to determine loan eligibility, rates and limits.
4⃣ Repay on time → increase your score. Default → decrease your score.
This is huge for DeFi but it doesn't stop there.
This trust layer is scalable across multiple verticals.
AI Data Providers for trusted data.
AI Agent reputations for reliable and secure interactions.
DAO credibility metrics for governance and participation.
Fairer access to any decentralized service.
And more...
Excited to take Cardano to the next level
credit.nucast.io
#Cardano #DEFI
Introducing Cardano Credit Score, a wallet reputation engine that allows you to borrow without collateral.
Want to see if your wallet makes the cut? Join the waitlist (link below) for access to our early lending pool with 1000 $ada
How it works
1⃣ Your on-chain activity (wallet age, balance, tx history, DAO participation etc) is scored 0-100 through a verifiable open-source algorithm.
2⃣ Your score is minted as a Soulbound Token (SBT) tied to your wallet, accessible for smart contracts to read.
3⃣ Smart contracts use it to determine loan eligibility, rates and limits.
4⃣ Repay on time → increase your score. Default → decrease your score.
This is huge for DeFi but it doesn't stop there.
This trust layer is scalable across multiple verticals.
AI Data Providers for trusted data.
AI Agent reputations for reliable and secure interactions.
DAO credibility metrics for governance and participation.
Fairer access to any decentralized service.
And more...
Excited to take Cardano to the next level
credit.nucast.io
#Cardano #DEFI
Not all wallets are equal, your reputation is now your collateral 👀
Introducing Cardano Credit Score, a wallet reputation engine that allows you to borrow without collateral.
Want to see if your wallet makes the cut? Join the waitlist (link below) for access to our early lending pool with 1000 $ada
How it works
1⃣ Your on-chain activity (wallet age, balance, tx history, DAO participation etc) is scored 0-100 through a verifiable open-source algorithm.
2⃣ Your score is minted as a Soulbound Token (SBT) tied to your wallet, accessible for smart contracts to read.
3⃣ Smart contracts use it to determine loan eligibility, rates and limits.
4⃣ Repay on time → increase your score. Default → decrease your score.
This is huge for DeFi but it doesn't stop there.
This trust layer is scalable across multiple verticals.
☑️ AI Data Providers for trusted data.
☑️ AI Agent reputations for reliable and secure interactions.
☑️ DAO credibility metrics for governance and participation.
☑️Fairer access to any decentralized service.
And more...
Excited to take Cardano to the next level 🚀
👇
🔗 credit.nucast.io
#Cardano #DEFI
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