September 22, 2021

Goldfinch Finance | Модуль 1 | Подсказки для теста

1. What is the mission of the Goldfinch community and protocol?

- The Goldfinch community is building a decentralized credit platform that empowers financial inclusion

2. What are the values of the Goldfinch community?

- Contribution, Collaboration, Diligence, Growth

3. What's an example of the value of Diligence?

- Sharing a discrepancy between public information about a Borrower and information provided by the Borrower in the due diligence process

4. What are the 4 main roles in the Goldfinch protocol?

- Borrowers, Backers, Liquidity Providers, Auditors

5. Which of the below actions are true for Backers but not for Liquidity Providers?

- Interact directly with Borrowers to conduct due diligence

- Provide capital that is lost first in the event of missed Borrower payments

- Earn extra yield for taking additional risk

- Sign loan agreements with Borrowers

- Provide capital that goes into the Borrower Pool directly (and not through the Senior Pool)

6. What are the main objectives for Backers?

- Dig in by asking great due diligence questions; help other Backers understand which deals are good

- Hold Borrowers accountable for repayments

- Supply capital to great Borrowers, and avoid giving capital to bad Borrowers

7. What of the following statements applies to the junior tranche of a Borrower Pool?

- A junior tranche is one of two tranches in a Borrower Pool

- Junior tranche participants are taking more risk because junior tranche capital is "first-loss"

- When the junior tranche is full, senior pool capital is deployed into a Borrower Pool and a Borrower can draw down their credit line

After the loan is fully repaid, what is the total amount of reserves retained by the protocol?

- $100,000

How much interest is reallocated from the senior tranche to the junior tranche Backers?

- $160,000

What is the effective yield for the Senior Pool?

- 7%

What is the effective yield for the Backers?

- 17%

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