Rain.Credit | Off-Chain Oracle Analytics Aggregation for On-Chain Trust

 

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:

1. Off-chain Oracle Analytics
2. Digital trust
3. Non-custodial lending
4. Credit rating
5. The web of trust
6. 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.

Tokenomics

The distribution of tokens is as follows:

1. 40%: will be sold on a pre-sale basis
2. 20%: will go to the development of the project
3. 20%: will be used to provide liquidity and yield
4. 10%: tokens will be allocated to the team (within 2 years these tokens will be locked to instill trust in the community)
5. 10%: will go to marketing

Rain.Credit roadmap:

• Q2–2021 (testnet season)

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

Profile: 
Bitcointalk Username: dwinrs
Bitcointalk Url: https://bitcointalk.org/index.php?action=profile;u=1196948
BNB Address: 0xdD3D0bB3dc3Ec2dA19cb839De1FB47d8D39aaf41