# RociFi > RociFi is the Layer 1 for a permissionless, multi-chain web3.0 credit economy. Backed by ArringtonXRPCapital, Nexo, GoldenTree, LD Capital. ## Recent Posts - [RociFi Labs Raises $2.7M to Enable On-Chain Credit Scoring for DeFi](https://paragraph.com/@rocifi/rocifi-labs-raises-2-7m-to-enable-on-chain-credit-scoring-for-defi) - [RociFi launches on Kovan Testnet ](https://paragraph.com/@rocifi/rocifi-launches-on-kovan-testnet) - [Solving DeFi’s 'Black Eye'](https://paragraph.com/@rocifi/solving-defi-s-black-eye) - [DeFi as an alternative crisis funding](https://paragraph.com/@rocifi/defi-as-an-alternative-crisis-funding) - [RociFi: A New Multi-Chain DeFi Primitive For Zero And Under-Collateralized Lending Based On Decentralized Identity and On-Chain Reputation](https://paragraph.com/@rocifi/rocifi-a-new-multi-chain-defi-primitive-for-zero-and-under-collateralized-lending-based-on-decentralized-identity-and-on-chain-reputation) ## Blog Information - [Homepage](https://paragraph.com/@rocifi/): Main blog page - [RSS Feed](https://api.paragraph.com/blogs/rss/@rocifi): Subscribe to updates ## Optional - [All Posts](https://paragraph.com/@rocifi/): Complete post archive - [Sitemap](https://paragraph.com/@rocifi/sitemap-index.xml): XML sitemap for crawlers