Have you heard of the new
Goldfinch?
Credit Protocol? They are launching now and you can take part!
Go discover how their protocol works and join the FlightAcademy to acquire a better understanding of the system. Goldfinch is a decentralized credit platform for crypto loans without collateral. Built by a serious team.
By incorporating the principle of “trust through consensus”, the Goldfinch protocol creates a way for borrowers to show creditworthiness based on the collective assessment of other participants rather than based on their Crypto assets $ETH, $BTC, $USDC, ..
You can contribute as a “Backer”: evaluate Borrowers and supply first-loss capital on the Borrower Pools. Backers can achieve higher returns when the Senior Pool leverages them with additional senior tranche capital.
You can contribute as a “Liquidity Provider” (LP): Liquidity Providers supply capital to the Senior Pool in order to earn PassiveYield. The Senior Pool automatically allocates their capital to the senior tranches of Borrower Pools.