RedStone has acquired Credora, a leading DeFi credit risk firm, to launch a unified oracle that combines real-time pricing data with on-chain risk ratings. Pending regulatory approvals, the platform will operate as Credora by RedStone.
The merger aims to enhance transparency in DeFi by merging robust market data with advanced credit evaluations. This collaboration will support users in navigating complex yield strategies, fostering safer and more effective investment decisions.
Credora’s founders will assist in the integration to ensure service continuity. Data indicates that DeFi strategies with ratings grow up to 25.00% faster than unrated ones, underlining the value of integrated risk assessment.
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