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Galactica Network is an upcoming Layer 1 that aims to digitalize users’ reputations and put that on-chain.
Having a digitalized reputation enables applications to enforce certain criteria for users to meet before they can interact with it.
The concept of preferential treatment is useful when it comes to governing protocols or adjusting DeFi protocols for different risk classes of users.
While there are potentially numerous use cases, there are limitations that have yet to be addressed.
Footnotes
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