Soda ID is an on-chain credit rating system which provide a foundation for application credit loan, airdrop options and governance and maximize the value of users' historical behaviors.
There are many scoring factors in Soda ID credit rating system, and the key factors are total deposit interest and loan interest generated and the amount of historical liquidation. Users with higher credit score will enjoy the increased the maximum LTV, mining incentives and governance voting weight and obtain reduced liquidation lines, fines and service fees.
Soda ID hopes to start from Soda and become an open protocol for industry use. Any other platform can query user behavior statistics and scoring model results.