Kudo Money

Project links:

 

Website: https://kudo.money/

Twitter: https://twitter.com/kudomoney

Telegram: https://t.me/kudo_money

Medium: https://kudomoney.medium.com/

GitHub: https://github.com/kudomoney/

LinkedIn: https://www.linkedin.com/company/kudo-money/about/

 

Team:

Tejas Thole - Founder Kudo Labs

Pranshul Sohani - Head Of Business Development

Akash Kapadiya - Head Of Design Smartchain

‌Kudo Labs is the company behind the Kudo protocol. In June, it raised $ 1.9 million in a SEED round and is backed by leading crypto investors, including Bixin Ventures, Gate.io Labs, F2Pool Coinsummers, Zokyo Ventures, and others.

About the project

Kudo Money is a commercial lending protocol for on-chain companies.

Kudo Money is focused on providing unique structured DeFi products. Corporations around the world can borrow from pools funded by liquidity providers. Credit is available to miners, hedge funds, betting providers, and institutions.

Advantages:

  • Open money markets
  • Lending to the treasury
  • Risk and ratings
  • Open interest rate benchmark•
  • nstitutional portal
  • Reputation-based debt financing for legal entities

‌KUDO is a decentralized identity protocol based on network activity. Since the pseudonymous public key addresses are accepted as an identity proxy for protocols, it is increasingly important to use history in the address chain to provide a better user experience.

KUDO Ecosystem

Kudo creates an ecosystem of DeFi products and WEB 3.0 like Unomi and Bitquity, Envoy.

How does the Kudo score works

Kudo identity scoring mechanisms will use alternative data sources, mainly onchain credit behavior (MakerDao / Compound / Aave), airdrops, investing, and profitable farming activity to assess creditworthiness.

Scores can range from 0 to 100, with higher scores representing lower propensity to default, sell, etc.

Unomi Score

Unomi NFT identity scores will provide protocols with a detailed view of their users, allowing them to make informed decisions and reward proper online behavior.

Unomi Score use cases include under-collateralized lending based on online solvency.

Protocols can use Unomi scores to reward existing users or attract users loyal to their ecosystem.

Unomi can help protocols gain an insight into crypto users and personalize interactions based on their history and network attributes.

Unomi is the first of its kind decentralized identity assessment protocol that will be a foundation for the entire crypto space, creating a DeFi ecosystem that rewards its users for good deeds and reliability.

Identity rating will include the following scores: Credit, Airdrop, Hodler, NFT hodler and Power user. It will provide applications with the necessary information about their users and potential customers.

DeFi Integrated Protocols, Unomi, will provide its users with detailed services and dynamic conditions based on their online assessment. This will help DeFi protocols become flexible.

DeFi lending ecosystem is still in its infancy, and many opportunities are not used due to over-collateralized loans as protocols fail to profile and rate their users. Unomi credit ratings provide a solution where addresses with higher credit ratings have access to low collateral loans. This fluidity helps to improve the efficiency of the investment.

Unomi scores are programmable identity elements for creating user intelligent DeFi 2.0 protocols. Besides the credit scoring and hodler scoring, the use cases for programmable, evolving and composable on-chain identity based on wallet-based financial histories are infinite.  

On-chain analysis of address actions will generate Unomi's DeFi score. Users can use these on-chain NFT issued identities to gain access to the best ecosystem opportunities. Protocols integrated with Unomi can provide users with dynamic rates immediately. DeFi score comprises credit history, farming, management, and hodling history for an address or group of addresses across multiple blockchains.

‌Criteria for calculating credit scores:

  • Borrow utilization on lending protocols
  • User took a loan on leading DeFi protocols
  • Liquidation events
  • Repayment history
  • Amounts owed and repaid
  • Collateral ratio

 

Criteria for calculating farming, hodler, trader and governance score:

  • User participated in leading farms and protocols
  • User has staked tokens for a duration
  • User votes, creates proposals and takes an active part in protocol governance
  • Mercenary farming and short term token holding
  • User held airdrop tokens for long term
  • User keeps the exchange listing tokens for a long time
  • User’s volume of the transaction in the chain (whales and power users).

Bitquity

Bitquity is a lending protocol, Kudo Money’s Treasury Lending platform providing debt financing and working capital for organizations and individuals. Entities can receive loans by either putting up their own native tokens or NFTs as collateral.

This is particularly helpful for Blockchain start-ups that will no longer need to sell tokens to fund project development but instead can take a Bitquity Loan.

Institutional investors who may have been reluctant to participate in the DeFi space don’t need to worry anymore, as Kudo pools will provide secure portals and support whitelists of approved participants. By so doing, Kudo has potential for tremendous future growth as it fills a real gap in the market by providing benefits for numerous different stakeholders. It becomes a truly integral component of the DeFi ecosystem.

Bitquity essentially acts as an improved replacement for banks since corporate and institutional borrowers access debt financing from liquidity pools. These pools allow borrowers to access credit, as well as liquidity providers to access the Kudo loan book, rewarding them with risk-adjusted returns. Therefore, this is beneficial for both parties, especially borrowers, as they won’t just be paying fees but also earning them, just like the token holders and participants. 

In many aspects, Bitquity is better than standard banks as it eliminates many disadvantages they usually have. There will be no more inefficient middlemen waiting for working office hours and obnoxiously high clearing prices. Therefore, Kudo Money’s Bitquity is a highly innovative product benefitting both lenders and borrowers, with a real-world use case and the possibility of widespread adoption in the future.

Interest rates for the loans will be determined with the Kudo benchmark, a smart contract-based and assessed on numerous factors such as token collaterals and the Kudo Credit data. This will make interest rates very fair, primarily because it is based upon the Kudo risk evaluation framework, which is extremely detailed and assigns firms a credit score – ranging from D to AAA. Investors, therefore, will have a complete picture of the risks for the firm they are providing liquidity for and, consequently, comprehensive knowledge of the securities they are buying into.

Market access

The protocol allows users to use any asset as collateral to borrow any supported asset, automatically generating income. Pools then rebalance this risk based on the value of collateral so that users are protected from liquidation. Moreover, Kudo allows anyone to create pools of assets that become their own money markets. Afterwards, each pool will then be backed up with its own collateral requirements, interest curves, oracles, and even its own whitelist of participants. This truly innovative concept allows users to lend and borrow crypto with only a few clicks whilst expanding the outreach and potential market share.

Project summary

Kudo Money is an innovative project, and its products hold promise for a vast expansion in the future.Kudo's Treasury Lending, combined with the interest rate and risk tests, solves a real problem in the crypto space, benefiting both borrowers and lenders. It is also backed by Kudo's Open Money Markets, which in the future will work solely to increase market share.

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Kudo Money

Project links:

 

Website: https://kudo.money/

Twitter: https://twitter.com/kudomoney

Telegram: https://t.me/kudo_money

Medium: https://kudomoney.medium.com/

GitHub: https://github.com/kudomoney/

LinkedIn: https://www.linkedin.com/company/kudo-money/about/

 

Team:

Tejas Thole - Founder Kudo Labs

Pranshul Sohani - Head Of Business Development

Akash Kapadiya - Head Of Design Smartchain

‌Kudo Labs is the company behind the Kudo protocol. In June, it raised $ 1.9 million in a SEED round and is backed by leading crypto investors, including Bixin Ventures, Gate.io Labs, F2Pool Coinsummers, Zokyo Ventures, and others.

About the project

Kudo Money is a commercial lending protocol for on-chain companies.

Kudo Money is focused on providing unique structured DeFi products. Corporations around the world can borrow from pools funded by liquidity providers. Credit is available to miners, hedge funds, betting providers, and institutions.

Advantages:

  • Open money markets
  • Lending to the treasury
  • Risk and ratings
  • Open interest rate benchmark•
  • nstitutional portal
  • Reputation-based debt financing for legal entities

‌KUDO is a decentralized identity protocol based on network activity. Since the pseudonymous public key addresses are accepted as an identity proxy for protocols, it is increasingly important to use history in the address chain to provide a better user experience.

KUDO Ecosystem

Kudo creates an ecosystem of DeFi products and WEB 3.0 like Unomi and Bitquity, Envoy.

How does the Kudo score works

Kudo identity scoring mechanisms will use alternative data sources, mainly onchain credit behavior (MakerDao / Compound / Aave), airdrops, investing, and profitable farming activity to assess creditworthiness.

Scores can range from 0 to 100, with higher scores representing lower propensity to default, sell, etc.

Unomi Score

Unomi NFT identity scores will provide protocols with a detailed view of their users, allowing them to make informed decisions and reward proper online behavior.

Unomi Score use cases include under-collateralized lending based on online solvency.

Protocols can use Unomi scores to reward existing users or attract users loyal to their ecosystem.

Unomi can help protocols gain an insight into crypto users and personalize interactions based on their history and network attributes.

Unomi is the first of its kind decentralized identity assessment protocol that will be a foundation for the entire crypto space, creating a DeFi ecosystem that rewards its users for good deeds and reliability.

Identity rating will include the following scores: Credit, Airdrop, Hodler, NFT hodler and Power user. It will provide applications with the necessary information about their users and potential customers.

DeFi Integrated Protocols, Unomi, will provide its users with detailed services and dynamic conditions based on their online assessment. This will help DeFi protocols become flexible.

DeFi lending ecosystem is still in its infancy, and many opportunities are not used due to over-collateralized loans as protocols fail to profile and rate their users. Unomi credit ratings provide a solution where addresses with higher credit ratings have access to low collateral loans. This fluidity helps to improve the efficiency of the investment.

Unomi scores are programmable identity elements for creating user intelligent DeFi 2.0 protocols. Besides the credit scoring and hodler scoring, the use cases for programmable, evolving and composable on-chain identity based on wallet-based financial histories are infinite.  

On-chain analysis of address actions will generate Unomi's DeFi score. Users can use these on-chain NFT issued identities to gain access to the best ecosystem opportunities. Protocols integrated with Unomi can provide users with dynamic rates immediately. DeFi score comprises credit history, farming, management, and hodling history for an address or group of addresses across multiple blockchains.

‌Criteria for calculating credit scores:

  • Borrow utilization on lending protocols
  • User took a loan on leading DeFi protocols
  • Liquidation events
  • Repayment history
  • Amounts owed and repaid
  • Collateral ratio

 

Criteria for calculating farming, hodler, trader and governance score:

  • User participated in leading farms and protocols
  • User has staked tokens for a duration
  • User votes, creates proposals and takes an active part in protocol governance
  • Mercenary farming and short term token holding
  • User held airdrop tokens for long term
  • User keeps the exchange listing tokens for a long time
  • User’s volume of the transaction in the chain (whales and power users).

Bitquity

Bitquity is a lending protocol, Kudo Money’s Treasury Lending platform providing debt financing and working capital for organizations and individuals. Entities can receive loans by either putting up their own native tokens or NFTs as collateral.

This is particularly helpful for Blockchain start-ups that will no longer need to sell tokens to fund project development but instead can take a Bitquity Loan.

Institutional investors who may have been reluctant to participate in the DeFi space don’t need to worry anymore, as Kudo pools will provide secure portals and support whitelists of approved participants. By so doing, Kudo has potential for tremendous future growth as it fills a real gap in the market by providing benefits for numerous different stakeholders. It becomes a truly integral component of the DeFi ecosystem.

Bitquity essentially acts as an improved replacement for banks since corporate and institutional borrowers access debt financing from liquidity pools. These pools allow borrowers to access credit, as well as liquidity providers to access the Kudo loan book, rewarding them with risk-adjusted returns. Therefore, this is beneficial for both parties, especially borrowers, as they won’t just be paying fees but also earning them, just like the token holders and participants. 

In many aspects, Bitquity is better than standard banks as it eliminates many disadvantages they usually have. There will be no more inefficient middlemen waiting for working office hours and obnoxiously high clearing prices. Therefore, Kudo Money’s Bitquity is a highly innovative product benefitting both lenders and borrowers, with a real-world use case and the possibility of widespread adoption in the future.

Interest rates for the loans will be determined with the Kudo benchmark, a smart contract-based and assessed on numerous factors such as token collaterals and the Kudo Credit data. This will make interest rates very fair, primarily because it is based upon the Kudo risk evaluation framework, which is extremely detailed and assigns firms a credit score – ranging from D to AAA. Investors, therefore, will have a complete picture of the risks for the firm they are providing liquidity for and, consequently, comprehensive knowledge of the securities they are buying into.

Market access

The protocol allows users to use any asset as collateral to borrow any supported asset, automatically generating income. Pools then rebalance this risk based on the value of collateral so that users are protected from liquidation. Moreover, Kudo allows anyone to create pools of assets that become their own money markets. Afterwards, each pool will then be backed up with its own collateral requirements, interest curves, oracles, and even its own whitelist of participants. This truly innovative concept allows users to lend and borrow crypto with only a few clicks whilst expanding the outreach and potential market share.

Project summary

Kudo Money is an innovative project, and its products hold promise for a vast expansion in the future.Kudo's Treasury Lending, combined with the interest rate and risk tests, solves a real problem in the crypto space, benefiting both borrowers and lenders. It is also backed by Kudo's Open Money Markets, which in the future will work solely to increase market share.

DOUBLE TOP

Telegram | YouTube | Chat | Services