Defi Activity

This section refers to the defi data generated by the users which is included in the credit scoring model.

In terms of Defi activity of users, all their wallets on-chain history would be tracked to determine their defi transactions such as staking, borrowing, lending, etc. It would be used to determine their financial activity and creditworthiness in terms of on-chain financial markets. The distribution of Defi activity score would be as follows:

  • Staking/Liquid Staking: 20%

  • Lending/Borrowing Activity: 30%

  • Collateral Liquidation: 1 time: (-20% of lending/borrowing activity) 1<5 times: (-50% of lending/borrowing activity) More than 5 times: (-100% of lending/borrowing activity)

  • Liquidity Providing: 20%

  • IDO Participation: 20%

  • Yield Farming: 10%

Chain wise distribution would be as follows:

  • Ethereum/Polygon/Arbitrum/Optimism: 70%

  • Solana: 15%

  • BSC/BNB: 15%

For defi activity, the data from the underlying protocols would be tracked and indexed through their subgraphs:

Lending/Borrowing

Ethereum/Polygon/Arbitrum/Optimism
Solana
BSC/BNB

Aave: 50%

Solend: 100%

Venus Protocol: 100%

Compound: 25%

MakerDAO: 25%

Staking/LP/Liquid Staking

Ethereum/Polygon/Arbitrum/Optimism
Solana
BSC/BNB

Lido: 75%

Marinade Finance: 100%

Ankr Protocol: 100%

Coinbase: 10%

Rocketpool: 15%

IDO Participation

Ethereum/Polygon/Arbitrum/Optimism
Solana
BSC/BNB

Uniswap V3: 30%

Orca: 100%

Pancakeswap: 100%

Curve: 30%

Sushiswap: 20%

Balancer:: 20%

Yield Farming

Ethereum/Polygon/Arbitrum/Optimism
Solana
BSC/BNB

Instadapp Lite: 50%

Quarry: 100%

Unicrypt: 100%

Convex Finance: 50%

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