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Goldfinch
Question
ZapTinker
@utf63fish · Oct 16, 2023, 13:58
What is Goldfinch's SeniorPool?
and how is it different from LiquidtyPool?
and how is it different from LiquidtyPool?
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Comments (1)
reddigy
@gpe75fish · Oct 16, 2023, 20:28
Goldfinch is a protocol for lending money to real businesses, and we, the users, LEND the money. We can then lend to either "Senior pool🎈" or "Junior pool🚀".
"Senior pool" has a lower risk instead of a lower yield.
Low risk means that if the amount collected is less, the funds are paid out first to the user to "Senior pool" instead of "Junior pool".
docs.goldfinch.finance/goldfinch/goldfinch-overview
"Senior pool" has a lower risk instead of a lower yield.
Low risk means that if the amount collected is less, the funds are paid out first to the user to "Senior pool" instead of "Junior pool".
docs.goldfinch.finance/goldfinch/goldfinch-overview
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