CyberFi Partners With Bird.Money
Introducing a Trust Network Ecosystem for CyberFi Asset Management via Bird.Money
We are happy to announce that we are partnering with Bird.Money, a powerful off-chain oracle analytics feed created to reduce risk for lending platforms and DeFi users alike. Bird.Money is creating the mechanisms and instruments used to mitigate risk in the legacy financial system for DeFi.
They leverage their advanced analytics to provide a Trust Score, the DeFi equivalent of the legacy financial system’s credit score — for users that have been historically proven to be reliable and consistent with their loan repayments and are thus able to receive better lending rates by increasing their collateralized debt position ratio (CDP).
To provide a better and a more stable experience for users of the CyberFi platform we will be working together with Bird.Money to receive detailed analytics from the DeFi space, advanced analytics of transactions and thorough knowledge of users’ transaction history that will then be used for Business Intelligence.
The plan is to also expand on the Digital Identity features provided by Bird.Money so that it fits well with our Automation and Asset Management platform.
This will allow us to leverage a more personalized experience for our users, where based on their history we can offer them personalized:
- Lending offers
- Insurance
- Consult on better capital efficiency for their asset management
Personalization has not yet been thoroughly explored in the DeFi space so we are excited to move along on the quest to create these new products. This will become the first building block of a Trust Network ecosystem.
We believe that the future of DeFi will be focused on Automation and Great User Experience, this partnership is another step for CyberFi to reach this goal.
About Bird.Money
Bird.Money is creating the mechanisms and instruments used to mitigate risk in Decentralized Finance by securely delivering their off-chain oracle Trust Score — the DeFi equivalent to the legacy financial system’s credit score — to lending platforms and protocols. The Trust Score helps manage risk to liquidity supply and borrow markets, ensuring the likelihood of loan repayment. Borrowers with a prudent DeFi history are provided with the advantage of being able to leverage an increased collateralized debt position (CDP) ratio on their loans, above and beyond the standard 66%. Bird.Money is poised to be the leader in bridging the gaps between legacy and decentralized finance through their Trust Network.
About CyberFi: An Intelligent DeFi Automation Platform
CyberFi’s mission is to bring the DeFi 2.0 experience and add a new infrastructure layer through Automation. Users of our platform will experience zero-stress, automated DeFi trading, farming and yield generation, smaller fees, and tools for Impermanent Loss mitigation.
Website: https://cyberfi.tech/
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Telegram ANN Channel: https://t.me/cyberfi
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