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Description
Multi-chain layer 2 money markets featuring structured lending products are designed to enhance the deployment of liquidity at incredibly low costs and with astonishing speed. These dynamic markets, which incorporate various collateral assets, empower users with a broader selection of investment options. Advanced proprietary algorithms facilitate credit scoring through TrustScore, enabling the evaluation of borrowers while maintaining privacy, which can lead to an increased number of loans with zero collateral required. Additionally, users can earn more rewards by staking their assets in a specialized liquidity provision farming module, effectively mobilizing liquidity and incentives. By simply holding EZ tokens, users can seize opportunities to acquire tokens from upcoming high-quality vetted projects. Furthermore, there are increased opportunities to farm diverse assets as rewards by staking EZ tokens and supplying liquidity to the money market pools, creating a vibrant ecosystem for participants. This innovative approach fosters both growth and engagement within the financial landscape.
Description
The protocol enables cryptocurrency loans without requiring any crypto assets as collateral. This innovation is the crucial element that finally makes crypto lending accessible to a larger segment of the global population. Through the Goldfinch community, loans are provided to businesses around the globe, particularly focusing on emerging markets. Goldfinch aims to broaden the availability of capital in these regions, where cryptocurrencies can significantly advance financial inclusivity. By utilizing the concept of trust built through consensus, the Goldfinch protocol allows borrowers to demonstrate their creditworthiness based on the shared evaluations of other users, rather than relying solely on their cryptocurrency holdings. This collective evaluation serves as a key indicator for the automatic distribution of funds. By eliminating the necessity for crypto collateral and offering a means for generating passive income, the protocol significantly increases the number of potential borrowers able to access cryptocurrency solutions, as well as the array of capital providers seeking investment opportunities. Ultimately, this model fosters a more inclusive financial ecosystem that benefits a diverse range of participants.
API Access
Has API
API Access
Has API
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
EasyFi
Founded
2020
Country
India
Website
easyfi.network/
Vendor Details
Company Name
Goldfinch
Website
goldfinch.finance/