Hey! On the agenda is a new project that has fundamental support and most likely it will change your understanding of credit services!
Please introduce - GoldFinch!
Let's start with the fact that the project will be decentralized. It turns out that he has a certain protocol and it is based on lending. All decisions are made as a consensus and the opportunity is given to participate in this without special security, that is, everyone can take part, and not just large fundamental borrowers.
By the way, about the borrowers and the scheme of work of this project. Let's start with the terminology, how to understand and use it correctly.
Borrowers are the very people who are looking for financing, the possibility of a loan.
Sponsors are people who, based on the proposal from the borrower, evaluate it, decide to invest or not.
Liquidity providers are people who provide liquidity to receive any passive deductions.
Auditors - the main guardians of order and observers, have the right to review the proposal in order to avoid fraud on the part of borrowers.
Borrower Pools - a pool (smart contract) that processes the borrower's financing terms and encodes it (this can be an interest rate, a repayment schedule)
Senior pool - a pool (smart contract) that receives liquidity from liquidity providers, then automatically supplies and distributes liquidity to the elders.
Junior pool - a pool (smart contract) that accepts capital from sponsors and automatically supplies capital to the share of juniors.
Now the scheme itself and how the protocol works, how the participants in the scheme participate in it.
In fact, there is nothing complicated here, since I will now briefly write about the features:
Borrowers make a loan decision and create a pool of borrowers to raise funds from sponsors and liquidity providers. The auditors will check and vote for their proposals, if everything is good, then the pool opens. Suppliers supply their liquidity and sponsors their capital. The only difference is that suppliers use leverage, during which part is given to sponsors. Everyone receives a certain amount of royalties from the borrower, and the borrower receives funding.
Since this is just an introduction, you can start exploring in more detail with the help of guides and community support. To do this, the team created the Flight Academy (set is limited), which will teach you the subtleties, and in the end you will receive a very good reward.
Below is all the documentation, links, guides that are related to GoldFinch!
Website: https://goldfinch.finance/
Telegram chat: https://t.me/joinchat/HKTu8GB4-FrbVhUQ
Russian telegram chat: https://t.me/goldfinch_russian
Twitter: https://twitter.com/goldfinch_fi
Discord: https://discord.gg/tRxfQrbQ
Medium: https://medium.com/goldfinch-fi
Whitepaper in Russian: https://sswp89.medium.com/goldfinch-white-paper-%D0%BD%D0%B0-%D1%80%D1%83%D1%81%D1%81%D0%BA% D0% BE% D0% BC-9130a261b31e
Join the Flight Academy: https://app.goldfinch.finance/verify
The first module from the Flight Academy in Russian: https://nodes.guru/goldfinch/about/ru
Senior Pool FAQs: https://sswp89.medium.com/senior-pool-faqs-36a6b2088af2
Discord FAQs: https://www.notion.so/Discord-FAQs-79b9c077598f4c928c4b04aff0405a72