Goldfinch
Undercollateralized Lending
Risk Rating
Watch Out
Protocol Code Quality
Protocol Maturity
Protocol Design
Summary
What we like
Goldfinch lenders can earn highly attractive interest rates for supplying liquidity to an institution's borrower pool.
What we like less
Loans are collateralized off-chain but only users with a minimum of $10K invested in the Senior Pool can perform due diligence into the borrower's covenants and loan details. The Senior pool is often fully utilized, so lenders can only cash out by selling their deposit tokens for a discount in the secondary market (Curve).
What it means for you
Offers you some of the highest yields on stablecoins across DeFi lending platforms through loans collateralized off-chain with real-world assets.
Information
Exploit/Hacks
None
Info
Key Metrics
Risk Assessment
Watch Out
Protocol Code Quality
Protocol Maturity
Protocol Design
Things to know about Goldfinch