Gora and RociFi Merger Sparks DeFi Revolution

Gora Network and RociFi have announced a merger, combining their oracle solutions to create a robust and impactful project within DeFi. By leveraging Gora's performant price feeds and RociFi's expertise in credit scoring, the new "DeFi Risk Oracle" enables reliable collateral price feeds, wallet-level credit data, and faster product roadmap acceleration. This merger brings opportunities for both communities, including the integration of RociFi's EVM on-chain credit scores into Gora.Fi, an ERC-20 $GORA token launch, and a pilot project exploring unvested token lending in collaboration with Qoda Finance.

Gora and RociFi Merge to Revolutionize DeFi Risk Assessment

In a groundbreaking move that promises to transform the decentralized finance (DeFi) landscape, Gora Network and RociFi have announced the merger of their oracle solutions. This strategic partnership combines the strengths of both platforms to create a comprehensive "DeFi Risk Oracle," unlocking a new era of trust and transparency in the DeFi ecosystem.

A Catalyst for Innovation and Security

For over seven months, Gora's reliable price feed oracles have been instrumental in providing on-chain credit scores for EVM wallets on Algorand through its partnership with RociFi. This collaboration laid the foundation for the current merger, as both teams recognized the potential for an even more impactful solution by merging their capabilities.

The DeFi Risk Oracle seamlessly integrates Gora's performant price feeds, which ensure accurate collateral valuation even for longtail tokens, with RociFi's expertise in wallet-level credit scoring. This synergy allows projects to assess risk on an individual wallet basis, enhancing the accuracy and granularity of risk management.

Unleashing a New Wave of DeFi Use Cases

The DeFi Risk Oracle opens up a wealth of innovative use cases that were previously unavailable. Projects can leverage this powerful tool to:

• Implement Sybil-Resistant Governance: Ensure fair representation in voting processes, preventing manipulation.
• Offer Customized Borrowing Terms: Attract and retain high-value users with tailored interest rates.
• Target Airdrop Incentives: Reward the most active and engaged users within the ecosystem.
• Gain Transparency into Protocol Health: Monitor risk and solvency to make informed decisions.

Transforming RociFi and Gora

This merger operates under a 50/50 structure, with the $ROCI token seamlessly transitioning into the Gora Network ecosystem. $ROCI holders benefit from a 1:1 conversion to $GORA, unlocking exciting new opportunities:

• Node Operation and Staking Rewards: $ROCI holders can become node operators and earn attractive APR rewards through staking $GORA.
• Accelerated Product Roadmap: The RociFi community gains a nine-month acceleration of its product roadmap through integration with Gora's existing oracle network.

For Gora, the merger provides access to RociFi's robust capabilities within the EVM ecosystem, fostering wider multichain and DeFi adoption. This includes:

• Enhanced GoraFi Launch: Gora.Fi, the highly anticipated cross-chain platform, will leverage RociFi's expertise to implement fairer token distribution through EVM wallet information integration.
• **ERC-20 $GORA Token:** A tradable ERC-20 version of $GORA will be launched on EVM-compatible DEXs in early April, facilitating seamless conversion for $ROCI holders.

New Horizons in DeFi

The merger of Gora and RociFi is a watershed moment in the evolution of DeFi. It positions Gora as a leading player in shaping the future of DeFi and bridging the gap between decentralized and traditional finance.

Groundbreaking Pilot Project: Unlocking New Liquidity

To commemorate this momentous occasion, Gora and RociFi have collaborated with Qoda Finance on a groundbreaking pilot project that explores a novel use case in DeFi: unvested token lending. This project will unlock liquidity for early-stage investors and unlock new opportunities for lending protocols.

Conclusion

The merger of Gora and RociFi is a testament to the transformative power of collaboration in the rapidly evolving DeFi ecosystem. The DeFi Risk Oracle will revolutionize risk assessment, unlocking a new wave of innovative use cases and enhancing trust and transparency in DeFi. As the industry continues to evolve, Gora Network remains committed to providing secure, reliable, and decentralized data feeds to empower projects and shape the future of blockchain technology.