Goldfinch, let’s see what is

Madina Cool
2 min readSep 27, 2021

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hello guys! Today, I would like to say a few words about the new project, perhaps this is a future gem!

Goldfinch is a decentralized credit platform that allows anyone to be a lender, not just banks. Сool, isn’t it? Now we can become part of a large and interesting mission

Goldfinch has four main participants: one is borrowers, the second is backers, the third is liquidity providers and the fourth is auditors.

The first core belief that Goldfinch is founded on is that investors will need to seek new sources of yield, and they’ll demand access, great!

The second core belief is economic activity will move on chain, making every transaction programmable.

Backers assess borrower pools, they put up their own capital, they provide first-loss capital.

Liquidity providers put capital into a senior pool that the protocol automatically allocates from the contract into these borrower pools based on the level of consensus it sees from the backers, cool!

The goldfinch backer community has four core values:

Contribution to add value to the community, and to help the community understand new Borrower Pools

Collaboration where we work together with other backers to build the community and protocol and understand new borrower pools.

Diligence where we must aim to be professional in our approach.

Growth where we try to be committed to improving ourselves, the backer community and the experience of all goldfinch protocol participants.

Thank you for listening to the end, let’s see what comes of it, maybe we are at the beginning of a long journey. Bye Bye

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