Arsstep
2 min readSep 26, 2021

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You know, how it works, markets are developing and growing rapidly, crypro market is not an exception and now i’d like to ontroduce new loan-based crypto project.

It’s called “Goldfinch” and it is in testnet stage.

The service provides financilal issues, loans in crypto for companies. It has it’s own internal infrastructure, special pools and roles.

The cryptomarkets are growing rapidly, more and more companies are looking forward for participation in this fields, so, i’d think, it is brilliant opportunity for brand new start-up to develope and porceeding it’s own business in time of establishing of new branch of financial merkets — decentralized crypto loan marketplaces and platforms.

The mechanism is unique: there is no competitors in cryptomarkets exists.

If you would dive into business processes deeply, now is the best time to get in.

According to testnet, here is special ambassador program, Backer role is awailable for everyone who wants to take part in. Backer provides checking of potential borrowers and form “Junior Pool” that forces “Senior Pull” to generate automatically.

Road map includes next stages:

Build a “credit fund on crypto” that makes off-chain sources of yield available and composable on DeFi.

PHASE 02

Decentralize the network to allow anyone to propose or evaluate loans, not just the Goldfinch team.

PHASE 03

Support smaller and smaller lenders so that anyone can be a lender through the protocol, even individuals.

Start right here, full description in Discord channel (all the links are attached below). Start page link also included.

In discord channel you should open up stream called «start-here» then new streams will be opened for you.

Discord channel: https://discord.gg/HVeaca3fN8

Start page (ambassador program): https://goldfinch.finance/#mission

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