On-Chain Oracle Protocols
General description of On-Chain and how it relates to Bird.Money
Bird Oracle anonymously provides on-chain information about loan applicants and users of decentralized lending platforms to reduce the risk of default to investors. Additional on-chain information provided by the borrower will result in a reduction of the required collateral with access to more funds.
We are increasing access to loans for DeFi users through Bird+ by analyzing a user’s payment behavior history in exchange for access to more loans.
Bird+ is simply the additional amount of tokens we offer borrowers without any extra collateral, all based on their transaction history and rating from Bird.Money’s Off-chain Oracle Analytics.
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