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What is Goldfinch?

The protocol permits cryptocurrency loans without the need for any crypto assets to serve as collateral. This groundbreaking feature is essential for making crypto lending more reachable for a broader audience worldwide. Through the Goldfinch community, loans are extended to enterprises across the globe, with a particular emphasis on emerging markets. Goldfinch's mission is to enhance the flow of capital in these areas, where the use of cryptocurrencies can greatly promote financial inclusivity. By leveraging a trust-based system founded on collective consensus, the Goldfinch protocol enables borrowers to prove their creditworthiness through the shared assessments of other community members, rather than depending exclusively on their cryptocurrency reserves. This system of collective evaluation plays a pivotal role in the automated allocation of funds. By removing the requirement for crypto collateral and creating avenues for passive income, the protocol dramatically expands the pool of prospective borrowers who can tap into cryptocurrency alternatives, as well as the variety of capital providers eager to explore investment prospects. In essence, this innovative approach cultivates a more inclusive financial landscape that accommodates a wide range of participants, ultimately enriching the economic prospects for many.

What is Gearbox Protocol?

Gearbox serves as a multi-functional leverage protocol, incorporating two main types of participants: passive lenders who benefit from low-risk annual percentage yields by providing single assets, and active borrowers, such as farmers, businesses, or other protocols, who leverage these assets for trading or farming, potentially achieving up to ten times leverage. By utilizing Gearbox Protocol, users can tap into decentralized finance (DeFi) leverage that can be applied across various protocols, thus significantly increasing their capacity to tailor their investment strategies. This allows for borrowing from Gearbox to execute strategies on familiar platforms like Uniswap, Curve, Convex, and Lido. For example, you could pursue leveraged trading on Uniswap, engage in leveraged farming through Yearn, develop delta-neutral investment techniques, hedge against market fluctuations, or access a variety of services for structured financial products. Ultimately, the adaptability that Gearbox offers empowers users to fully exploit the diverse opportunities available within the decentralized finance ecosystem, making it an essential tool for modern financial strategies.

Media

Media

No images available

Integrations Supported

MetaMask
SushiSwap
Uniswap

Integrations Supported

MetaMask
SushiSwap
Uniswap

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$0
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Goldfinch

Company Website

goldfinch.finance/

Company Facts

Organization Name

Gearbox Foundation

Date Founded

2021

Company Location

Cayman Islands

Company Website

gearbox.fi

Categories and Features

Categories and Features

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