September 26, 2021

Goldfinch - a new DeFi lending

Goldfinch - a new approach to DeFi lending

Goldfinch is a decentralized lending platform for unsecured cryptocurrency loans. This is a completely new approach to lending to individuals and companies around the world!

In modern realities, it is becoming increasingly difficult to maintain banks with their endless rented space and countless number of employees. At the same time, the number of people with free capital and who want to earn extra money is becoming more and more. That is why Goldfinch makes it possible for anyone to be a creditor! This can help small budget companies or companies in developing regions gain access to credit.

The Goldfinch protocol consists of 4 main components:

  • Borrowers
  • Backers
  • Liquidity Providers
  • Auditors

Unlike banks with a bureaucratic system, participants in the GoldFinch protocol themselves consider proposals and, based on the data provided, report the start-up capital.

Serious investors on board.

Serious funds have also invested in this project, which value their reputation. This is an additional factor, at least to look towards Goldfinch and study it in more detail, and perhaps even become part of a large and close-knit team! Also, these guys openly support the idea of ​​creating a decentralized credit platform, which enables anyone in the world to be a creditor, not just banks.