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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.

Description

Lockr offers a convenient platform for borrowing against Bitcoin and Ether without the need to liquidate these assets. With a competitive loan-to-value (LTV) ratio, users can maximize the utility of their valuable cryptocurrencies. The loans provided by Lockr are both instantaneous and assured, allowing for fund access within mere minutes. Interest on the borrowed amount accumulates daily, giving users flexibility in managing their cryptocurrency. Additionally, there are no restrictions on deposits, meaning funds can be withdrawn at any time without incurring fees. Lockr partners with a top-tier custodian, ensuring that all data exchanges are secured through SSL and utilize TLS 1.2 protocols. Moreover, sensitive information is protected with AES-256 encryption, further enhancing user security. This commitment to safety and efficiency makes Lockr an attractive option for crypto enthusiasts seeking financial flexibility.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Bitcoin
Ethereum
MetaMask

Integrations

Bitcoin
Ethereum
MetaMask

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

Goldfinch

Website

goldfinch.finance/

Vendor Details

Company Name

Lockr Finance

Founded

2022

Country

United States

Website

www.lockrfinance.com

Product Features

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