Chart of The Day: Crypto Loans for Emerging Markets
Goldfinch Protocol is a credit protocol that allows for uncollateralized loans for real-world businesses or trusts. These loans are flowing towards emerging markets and try to serve underbanked businesses and individuals. The borrowers are audited by the ‘Auditors’ who are also GFI stakeholders. The ‘Auditors’ are incentivized to act honestly to earn GFI or face slashing for malicious acts.