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Spectral BountyDetails

Ethereum DenverMon, Oct 9, 2023, 12:00 AM

Transcript

hello I'm Jared Childers I'm a smart contract engineer at spectral spectral builds risk infrastructure and insights using machine learning and on-chain data D5 promises to replace traditional Finance with trustless on-chain applications however because of the trustless nature of blockchain many traditional functions such as lending and borrowing are much more difficult on chain we think it's one of the biggest problems in web3 how can you trust a pseudo-anonymous wallet with a loan without fully collateralizing it today because of this problem Defy is capital inefficient and very unequal we're building the data infrastructure to changes our first product was the macro score and on-chain creditworthinesses creditworthiness assessment score that measured How likely a wallet was the default next we're working on fraud and transaction intelligence using on-chain data to create nearly real-time awareness of who is on the other end of a transaction and awareness of what they've done in the past in short there's a lot of Rich well organized transaction data and we want you to build tools with it all right we want you to build an MVP on arbitrim Gurley Network that integrates spectral's macro score in a way that brings value to an existing webview protocol or that can create new value through a novel implementation for example hybrid lending systems or identity tools on the macro score the first step is to log into our partner dashboard and to use our software development kit to bundle a list of addresses and calculate the initial scores of a bundle then there are two integration Pathways to consume the macro score the first being the integration API which allows you to pull multiple macro scores at once then there's the squirical smart contract which allows you to deliver a single macro score from external adapter and inject it straight into your smart contract we're happy to help you at every step of the way our developers will be waiting for your questions in our Discord good luck and we're excited to see what you build thank you [Music]

Automatic transcript — names and jargon may be misspelled.