The 5 scariest things that can happen in DeFi?

A quick rundown of everything that went spooktacularly WELL in our world of credit scoring in October. No tricks, just treats and sneak peaks.

Nov 03, 2022

Halloween might be over but there’s a lot to be afraid of in the world of DeFi! We polled our team of seasoned DeFi experts, enthusiasts, and daredevils to find out what keeps them up at night. The last one, at the bottom of this newsletter, is quite possibly the scariest of all.

But first some important updates: in this and all future newsletter editions, we will be releasing exclusive content✨ on here first for your viewing pleasure.

🌐 From Around the Web

✨[Newsletter Exclusive] Distinguishing Between Red and Blue in a Colorblind Universe
How Spectral is planning to use zero-knowledge proofs for offchain computation and onchain verification.
Anyone Can Start a Hedge Fund: How On-Chain Credit Changes the Crypto Economy
“There is one thing you can’t do with lending in DeFi. You can’t borrow more than you can stake."
Why We Invested in Spectral
In this post, Joshua Pulman, senior associate at Truist Ventures, announces investment in the start-up building the future of credit in Web3.

🇨🇴 3 Highlights From DevCon Bogota 2022

Big Kudos to the DevCon 6 team for pulling off one of the biggest events of the year. We mingled, listened and met up with some incredible developers.

Here are our attending team members’ highlights:

Favorite Deep Dive - ZK Badges

Favorite Side Event - H.E.R DAO Party Bus to rAave

Favorite Vitalik Appearance - What to Know About ZK Panel

🪐 From the Spectralverse

Credit as a zero-sum game: the first three thousand years (Part 1)

Civilization has gradually reframed borrowing from a zero-sum game of obligation to a mutually beneficial agreement. The first in a three-part series dedicated to the history of credit, credit intelligence, and credit modeling.

How SBTs can unlock financial reputation

Soulbound Tokens (SBTs) can improve delegation, create a more precise version of the traditional airdrop, streamline paperwork, not to mention offer new opportunities for composability in DeFi lending.

A deeper look at the MACRO Score

An in-depth look at the intricacies of the MACRO Score, the second in a series of two. The first part focused on defining the problem, gathering data, engineering features, and constructing a model. This part explores model evaluation criteria, computation of the MACRO Score, interpreting MACRO Scores, and ongoing model monitoring.

In other exciting updates, we’ve hit 40K+ MacroScores and added 3 new Spectralites to our growing team.

On all Hallows’ Eve we hosted a #Spooktral Discord event with 600+ community members to introduce our revamped community onboarding process and announce a new Pilot Program, set to launch this month. We also shared a very special sneak peak of our revamped website! Reminder: If you attended the call on Monday, then don’t forget to claim your (on-chain achievement token) OAT.

🎊 Join the conversation - our next unmissable Discord community event is on Nov 30