RissottoFinance
  • ๐Ÿค”What is RissottoFinance
    • โ™Ÿ๏ธOpening Gambit
    • ๐ŸŒˆIntro
    • ๐Ÿ˜ŽWhy RissottoFinance
    • ๐ŸงIs RissottoFinance Safe?
    • ๐Ÿ˜„Getting Started
      • Create a Wallet
      • Setting up Metamask
      • Get BEP20 Tokens
      • Connect Your Wallet to RissottoFinance
  • ๐Ÿง€Rissotto Tokens
    • ๐Ÿช™Tokenomics
  • ๐ŸฒProducts
    • AI Crypto Trading Bot
    • What's cooking in the bot?
    • Exchange
      • Token Swap
      • How to Trade
      • Liquidity Pools
      • How to Add and Remove Liquidity
    • Yield Farming
      • How to Use Farms
      • How to Use Farms with BscScan
    • Vaults
    • Voting
      • How to Vote
      • How to Vote with Wallet
  • ๐Ÿš—Road Map
  • ๐Ÿ‘จโ€๐ŸณMeet the Gang
  • Contact Us
    • Customer Support
    • Social Communities
  • Click Here for Help
    • Troubleshooting Errors
    • General FAQ
    • Fixing Stuck Pending Transactions on Metamask
    • Binance AcademyGuide
  • Developers
    • Bug Bounties
    • Smart Contracts
  • ๐ŸŽฎEnd Game
  • ๐Ÿ—’๏ธUCL White Paper
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  • A Peek into the Future
  • Abstract

UCL White Paper

The Next Layer

PreviousEnd Game

Last updated 2 years ago

A Peek into the Future

Leading from Project rissot.to is the next layer of foundation for the decentralized ecosystem that we are embarking to build. It is perhaps the perfect catalyst that will redefine the DeFi space, evolving it into a real challenger to the oppressive hegemony of the CeFi's elaborate theatre.

Abstract

UCL is a decentralized protocol that allows for uncollateralised crypto borrowing through trustยญ less public anonymity consensus. Key limitation of existing crypto lending protocols require excessive crypto collateralisations, preventing borrowers from participating due to risk arising from unverifiable and unvalidated credit worthiness. Through trust-less public peer consensus underscored by an automated rig-free credit risk governance mechanism, the UCL protocol allows credit ratings of borrowers to be assessed based on the effective redemption of loans rather than actual crypto asset holdings. In addition, the protocol caters for NEAR-COMPLETE recovery of loans in the event of loan defaults; with recovered credits returning to the funded liquidity pool. By removing the need for crypto collaterals and providing additional means for passive yield through extending liquidity to other networks, the protocol dramatically improves credit accessibility, limits risk while improving yields.

Read More if you want to know, in-depth, the components and math behind the movement.

๐Ÿ—’๏ธ
View UCL Whitepaper ->