OraiChain Has Partners With Trava Finance
OraiChain has partners with Trava Finance to provide credit score service through AI-powered Oracle.
This collaboration is to to build flexible and low-risk cross-chain lending protocols. And this partnership will provide services to enable flexibility and reduce risks of lending platforms, that include AI price feeds, decentralized credit scores, and a knowledge graph running on Oraichain Mainnet. The details of the collaboration, without limitation, are as below.
1. Oraichain and Trava Finance will provide a credit score service for any lending platforms through Oraichain’s AI Oracle.
2. Trava Finance will use Oraichain’s price feeds to optimize lending pools’ utilities.
3. Trava Finance will utilize Oraichain’s NFT price feed and aiRight’s NFTs for its lending pools.
4. Oraichain will support Trava Finance to run a knowledge graph network service on Oraichain Mainnet 2.0.
Benefits to ORAI holders:
— Trava Finance will create a verified lending pool for ORAI tokens and provide a reasonable extra APR for borrowing and lending ORAI tokens.
— There will be an ORAI vault on Trava Finance for ORAI holders to early register for the lending pool and receive TRAVA via an airdrop program.
About Trava Finance
Trava Finance is the world’s first decentralized marketplace for cross-chain lending. While existing approaches provide only one or a few lending pools with their own parameters such as borrowing/lending interest rate, liquidity threshold, Loan to Value ratio, or a limited list of exchangeable cryptocurrencies, Trava offers a flexible mechanism in which users can create and manage their own lending pools to start a lending business. Trava is deployed on the Binance Smart Chain and allows for lending with BSC tokens first; we then enable cross-chain lending with various tokens on Ethereum and other blockchain networks.
About Oraichain
Oraichain is the world’s first AI-powered oracle and ecosystem for blockchains. Oraichain data oracle platform aggregates and connects Artificial Intelligence APIs to smart contracts and regular applications. Founded by Dr. Chung Dao, Oraichain’s mission is to be the portal between AI and blockchain technologies, serving as a foundational layer for creating a new generation of smart contracts and Dapps leveraging AI.
