Underwriting network features
Asset Originators in RWA backed loans are off-chain entities, there doesn't exist any connection between lending smart contracts and off-chain ledgers. By creating native credit infrastructure Qiro enables transparent risk management at protocol level. Features of underwriting network
Unbiased: Multiple underwriter nodes independently run risk models on borrower data enabling unbiased risk assessment.
Verifiable: Qiro’s underwriting happens in verifiable, data driven risk compute network. Currently using external compute providers, we’ll be shifting to own compute infra in V2 later this year.
Skin in the game: Underwriter take the first loss position aligning their rewards with loan success(repayments)
Reputation based system :- Every time an underwriter evaluate the loans they earn reputation points based on the overall loan performance which increase their ability to underwrite bigger loans in future.
Scalable: By having multiple underwriters Qiro can scale seamlessly to multiple borrower use-cases spanning different asset classes and geographies.
Last updated