Rocko is proud to unveil a transformative addition to its crypto lending platform: Rocko ReFi. This innovative feature empowers users to refinance their onchain loans effortlessly across multiple leading DeFi protocols: Aave, Compound, and Morpho. Built on a robust smart contract and deployed across Ethereum Mainnet, Base, Optimism, and Arbitrum, Rocko ReFi leverages the power of flash loans to streamline the refinancing process, requiring no additional capital from users to settle existing loans. Here’s everything you need to know about this cutting-edge tool and how to put it to work.

Why Refinance?

Most DeFi lending platforms lock borrowers into a single, floating interest rate, making it difficult to adapt to market fluctuations. Typically, refinancing requires repaying the original loan in full before securing a better rate, which can be costly and inefficient. Our new feature solves this by allowing users to seamlessly adjust their loan terms through refinancing to new lending protocol without full repayment, giving them the flexibility to capture lower rates as they become available. This means borrowers can save on interest expenses over time while maintaining access to liquidity, making debt management more efficient and cost-effective.

Introducing Rocko ReFi

In the fast-evolving world of decentralized finance, flexibility is key. Rocko ReFi addresses a common challenge: how to optimize loan terms across protocols without the burden of manual repayment or high transaction costs. With this feature, users can seamlessly transition their loans between Aave, Compound, and Morpho in a single, efficient transaction. Whether you’re seeking lower interest rates, improved loan-to-value ratios, or simply a protocol better suited to your strategy, Rocko makes it possible—all onchain, trustless, and powered by flash loans.

Deployed across multiple networks, this feature ensures accessibility for users operating on Mainnet or scaling solutions like Base, Optimism, and Arbitrum. By eliminating the need for upfront capital to pay off an existing loan, Rocko ReFi sets a new standard for efficiency and convenience in crypto lending.

How It Works: A Step-by-Step Guide

Ready to refinance your loan with Rocko? Follow these steps to try it out:

1. Login to the Platform: Visit the Rocko Loan Dashbaord to choose the loan you'd like to refinance.
2. Review Your Position: The dashboard will display your current loan details from Aave, Compound, or Morpho, including collateral, outstanding debt, and interest rates.
3. Select a Protocol: Choose your destination protocol from the supported options: Aave, Compound, or Morpho. Preview the updated terms, like interest rates and rewards, to confirm your move. Protocols will be filtered based on your current loan parameters and collateral asset^*.
4. Execute the Refinance: Initiate the refinancing process with a single click. Rocko’s smart contract will:
   • Utilize a flash loan to borrow the precise amount needed to repay your existing loan.
   • Settle the original debt and release your collateral.
   • Establish a new loan on the selected protocol, all within one transaction.
5. Confirm and Finalize: Once the transaction is confirmed, your loan will be refinanced on the new protocol and you're all set. Your new loan details will be displayed on the dashboard.

The Power of Flash Loans

Rocko ReFi uses a powerful tool called flash loans to make refinancing easier and more accessible. Flash loans let users borrow funds for a very short period of time without providing collateral as long as it's repaid within a matter of seconds. With flash loans you can repay your original loan with the flash loan, transfer your collateral to the new lending protocol, and borrow from the new lending protocol to repay the flash loan. While typically a complex process, Rocko's new tool allows you to easily leverage the power of flash loans and move your collateral and loan to a new lending protocol in a matter of minutes! With Rocko ReFi, you can take advantage of changes in interest rates and save on interest expense.

Why Choose Rocko ReFi?

• Protocol Flexibility: Switch between Aave, Compound, and Morpho to suit your financial goals.
• Multi-Network Support: Access the feature on Mainnet, Base, Optimism, or Arbitrum.
• Capital Efficiency: Refinance without dipping into your own funds, thanks to flash loans.
• Streamlined Process: A single transaction replaces the complexity of manual refinancing.
• Embrace the Future of Crypto Lending

Rocko ReFi is more than a feature—it’s a leap forward for decentralized lending. By combining the strengths of flash loans with cross-protocol compatibility, Rocko empowers users to adapt to market conditions with unprecedented ease. Whether you’re optimizing costs, pursuing higher yields, or exploring new opportunities, this tool is designed for the DeFi native. Visit the Rocko platform today, check out our loan offerings, and take control of your onchain loans like never before. The future of refinancing is here—let’s make it yours.