Donut Protocol is an open financial credit facility platform that introduces multiple types of data sources, creates a new credit scoring mechanism for individuals and institutions, provides an open middleware framework for the entire DeFi ecosystem (ie credit market), and builds cutting-edge credit evaluation model. Donut Protocol will be built as one of the important credentials for credit and risk assessment to reduce the amount of over-collateralized loans, increase the user’s asset utilization rate, and provide opportunities for emerging DeFi solutions.