Cred Protocol is a decentralized credit score that enables capital-efficient DeFi lending.
Lending is huge part of DeFi (Decentralized Finance). The top three lending protocols; Aave, Compound and MakerDAO service over $20B of loans, but most are overcollateralized up to 800%. It doesn't make sense to deposit 8x the value of a property to buy a houseThis means DeFi loans don't make sense for regular people who want to amplify their access to financial resources, for example to get a mortgage. Enabling people to access financial resources beyond what they currently have requires quantified risk. Quantified risk at scale is credit scoring. We at Cred Protocol are building one of the first decentralized credit scores, a DeFi primitive that unlocks capital-efficient lending and enables under-served communities to access the power of DeFi lending.
We're operating at the intersection of big data and web3 to quantify risk at scale, enabling billions of people to access the power of DeFi loans.
We're on a mission to bring the power of DeFi lending to a billion people. Operating at the intersection of big data and web3, we're quantifying risk at scale by building a decentralized credit score, a DeFi primitive.
Our culture embraces diverse perspectives.
DeFi Alliance
Luno
Volt Capital
AngelDAO
SNZ Holding
Sterling Road
Robot Ventures
GSR Markets
And amazing founder and operator angels from across web2 and web3.
Cred Protocol's team brings decades of industry experience in massively scalable infrastructure and artificial intelligence from Cambridge University, Deutsche Bank, Orange, NEC, AppDirect and other top companies.