Rocko
Crypto-Backed Loans at Competitive Rates
Listed in categories:
CryptoDeFiWeb3
Description
Rocko offers crypto-backed loans that allow users to receive USD or USDC using their crypto holdings as collateral. With competitive rates and a simple-to-use platform, Rocko makes on-chain borrowing accessible for everyone, enabling users to get cash without selling their crypto assets.
How to use Rocko?
To use Rocko, set up your loan by choosing the amount to borrow, the type of crypto asset to use as collateral, and where to receive the loan amount. After finalizing, transfer your crypto collateral to your Rocko smart wallet, which will automatically fulfill your loan based on your specifications.
Core features of Rocko:
1️⃣
Crypto-backed loans with competitive interest rates
2️⃣
Flexible loan terms with no monthly minimum payments
3️⃣
Non-custodial wallets for secure fund management
4️⃣
Automated loan fulfillment through Rocko smart wallets
5️⃣
Comprehensive loan dashboard for managing loans and tracking rewards
Why could be used Rocko?
| # | Use case | Status | |
|---|---|---|---|
| # 1 | Purchasing real estate | ✅ | |
| # 2 | Paying down higher-rate debt | ✅ | |
| # 3 | Making everyday purchases | ✅ | |
Who developed Rocko?
Rocko is a decentralized finance (DeFi) platform that simplifies the process of obtaining crypto-backed loans. It focuses on providing users with competitive loan terms and a user-friendly interface, ensuring that both novice and experienced users can access cash without the need to sell their crypto assets.