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4. Mining

The CreDA Credit Oracle will rely on three key data streams to compute a user credit rating:

1.Credit Mining

  • Public on-chain data across the blockchains

  • Supports multiple blockchains including Ethereum, Arbitrum, ESC, BSC, HECO, Polygon, etc.

  • Platform incentives for end users

2. Enterprise Mining

  • Non-public on-chain and off-chain data provided by partners

  • Incentivize third-party applications that connect with the Credit Oracle

3. Verification Mining

  • Validator election to verify on-chain and off-chain data used by the CreDA protocol

  • Validator nodes can obtain verification mining rewards

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