Aegis DeFi Partners with IOST to improve Scalability and User Data Privacy Protection
Aegis DeFi, a DeFi protocol featuring more diversified lending services besides over-collateralized lending, including micro-lending and Unsecured Borrowing is super excited to announce the establishment of strategic partnership with IOST — the world’s leading ultra-fast public Blockchain with high TPS, decentralized blockchain network based on the next-generation consensus algorithm “Proof of Believability” (PoB).
Aegis uses a proprietary AI-powered credit scoring algorithm to assess users’ creditworthiness based on the data provided, and assign an “Aegis Score” to each user, which is similar to traditional risk profile assessments. In the near future, with IOST’s technology support and the application of IOST’s “Proof of Believability” PoB Consensus algorithm, it will help optimizing Aegis DeFi’s scalability performance, user data privacy protection, speed of transactions as well as validation of users’ “Aegis Score”.
As strategic partners, both parties will also pull resources together in co-building a DeFi ecology in terms of community growth, product development, technical support as well as marketing promotions in international markets. The two parties aim to jointly create a cutting-edge open finance platform with a sustainable DeFi network, making DeFi services diversified and accessible for all.
About Aegis
As a DeFi 2.0 protocol, Aegis features more diversified lending services besides over-collateralized lending, such as micro-lending and Unsecured Borrowing. Aegis uses a proprietary AI-powered credit scoring algorithm to assess users’ creditworthiness based on the data provided, and assign an “Aegis Score” to each user, which is similar to traditional risk profile assessments. The Aegis Score determines the maximum credit that a user is allowed to draw down from the liquidity pool, making DeFi services accessible for basically all users. Besides, Aegis also empowers the tokenization of assets and derivatives such as CDS etc.
Social Channels
Discord: https://discord.gg/ht2MN5p
Telegram: https://t.me/AegisEN
Telegram Announcement: https://t.me/Aegis_channel
Twitter: https://twitter.com/AegisDeFi
Medium: https://medium.com/aegisdefi-blog
About IOST
Supported by Sequoia, Matrix, ZhenFund and other world-class investors, IOST is a blockchain platform developed for online service providers, empowered by its unique, next-generation Proof of Believability consensus. The IOST project team is currently mainly composed of R&D personnel focusing on blockchain distributed technology. The team is formed by more than 50 blockchain industry experts who have graduated from world top universities such as Princeton, Stanford, MIT, Tsinghua University, and Beijing University, and have more than three years of blockchain-related research experience.
