Tommaso
Thu Nov 21 2024
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6 answers
1140
What is goldfinch finance?
Goldfinch Finance is a decentralized protocol that enables crypto lending without crypto collateral. It bridges the gap between TradFi and DeFi, allowing companies and startups to use real-world assets as collateral to obtain loans in DeFi. The platform has facilitated over $120 million in loans and offers attractive interest rates to users through stablecoins.
EthereumEmpireGuard
Thu Nov 21 2024
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6 answers
1216
Who is the founder of Goldfinch finance?
Goldfinch, a decentralized finance platform, has encountered significant challenges recently, including bad debt events and a sharp decline in the total locked value of its RWA market. Despite being backed by prominent investors and raising substantial funding, the platform has faced difficulties in managing off-chain assets, leading to defaults and losses. The founder of Goldfinch remains unknown at this time.
