1. Summary

Limited data

  • 100% of the Goldfinch code repositories are forked (originally copied) from another project.

Ranks

Liquidity
52
Developer
-
Social
86
Momentum (beta)
75
Stack Rank™
-
Price
52W High price $1.75
52W High date 5th Dec 2023 (6 months ago)
All Time High (ATH) Date 11th Jan 2022 (2 years ago)
ATH Price $32.94
% From ATH -96.27%
All Time Low (ATL) Date 19th Jun 2023 (1 year ago)
ATL Price $0.29
% From ATL 323.31%
Supply & Trading Volume
Trading Volume (24h) $2.85M
Total Supply 114.29M
Max Supply 114.29M
Circulating Supply 67.57M
Description

Goldfinch is a decentralized credit protocol that brings crypto loans to the real world, with a mission to expand access to capital and foster financial inclusion. It allows for uncollateralized loans by leveraging “trust through consensus” among its users, ensuring that borrowers are assessed based on the collective actions of backers and auditors...

Goldfinch is a decentralized credit protocol that brings crypto loans to the real world, with a mission to expand access to capital and foster financial inclusion. It allows for uncollateralized loans by leveraging “trust through consensus” among its users, ensuring that borrowers are assessed based on the collective actions of backers and auditors rather than relying on crypto collateral.

The platform has three key roles:

  • Investors (Lenders): Provide USDC to the protocol, which is then used by borrowers. They can be further segmented into Backers and Liquidity Providers (LPs). Backers assess individual Borrower Pools and lend directly to them as first-loss capital to earn the highest yields. LPs provide second-loss capital to the Senior Pool, which automatically diversifies the deposited funds across all Borrower Pools based on the assessment of backers.

  • Borrowers: Institutions that seek financing through Goldfinch and add a Borrower Pool to the platform. Borrower Pools consist of a junior and senior tranche. Backers lend funds to the junior tranche, while LPs lend funds to the senior tranche. When a borrower makes a repayment, the payment is first applied to any interest and principal owed to the senior tranche, followed by any interest and principal owed to the junior tranche.

  • Auditors: Users who vote to approve borrowers, which is required before proposing a new Borrower Pool to backers. Auditors are randomly selected to provide an assessment of the borrowers for any fraudulent activity and earn rewards in return.

Goldfinch determines how the Senior Pool funds are allocated through the concept of "trust through consensus," which relies on trusting the collective actions of backers and auditors. This is achieved by ensuring all participants have unique identities (UID), a non-transferrable NFT representing KYC and/or US investor accreditation verification on-chain.

The protocol retains 10% of all interest earned in a Borrower Pool as a protocol reserve, managed through decentralized governance. Additionally, there is a 0.5% withdrawal fee from the Senior Pool that is allocated to the protocol reserve.

Users can earn lending fees on Goldfinch by depositing their assets to be used by institutional borrowers in either the Senior Pool (as an LP) or individual Borrower Pools (as a backer). Goldfinch further enhances its yield by offering its native GFI token as an additional incentive.

2. Price

GFI

2.1. Market Performance

How does Goldfinch's (GFI) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

1.6%

GFI

40.3%

Similar Market Cap

60 Day Return

-18.2%

GFI

68.2%

Similar Market Cap

1 Year Return

110.0%

GFI

141.9%

Similar Market Cap

3. Developer Activity

We're monitoring 8 Goldfinch GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Goldfinch Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 8
  • Past year: 0 commits vs. an average of 138

Most Active Repos

Past week 129
Past 12 weeks 732
Past year 1761
Past week 0
Past 12 weeks 1
Past year 105
Past week 4
Past 12 weeks 7
Past year 20
Past week 0
Past 12 weeks 0
Past year 8
Past week 0
Past 12 weeks 0
Past year 3

Top Developers 2024

In total, 70 developers have contributed to Goldfinch over the past year. Who are the most active Goldfinch developers, by commits, over the past year?

Related Projects

Developers working on Goldfinch also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users
Active Discord Users
Telegram Users 3,998
Twitter followers 58,200
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://goldfinch.finance/
Explorer https://etherscan.io/token/0xdab396ccf3d84cf2d07c4...
Twitter @goldfinch_fi

What is the correct contract address for Goldfinch?

Ethereum 0xdab396ccf3d84cf2d07c4454e10c8a6f5b008d2b

Has Goldfinch been audited for security?

No security audits found for this project.

Are you the owner of Goldfinch? Edit it here

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