from Hacker News

Show HN: Easy Crypto Backed Loans @ Rocko DeFi

by vinniejames on 8/29/24, 4:44 PM with 1 comments

• by vinniejames on 8/29/24, 4:50 PM

  Rocko makes it easy to borrow against your crypto through top DeFi protocols. This avoids a ton of the risk associated with traditional collateralized loans that caused many competitors in the space to drop out over the past few years.

  All collateral is locked transparently in audited protocol smart contracts, funds are secured through a self custodial wallet that only the user has access to, and loans are all denominated in USD with flexible rates determined by the protocol based on supply/demand.

  Our vision is to build one marketplace that allows borrowers to the easily access the best rates from any number of protocols, networks, and crypto assets.

  We want to make DeFi easy for everyone.

  Curious to hear thoughts from the community, feature requests, or personal experience in the past with a crypto backed loan?