Meet Goldfinch: A decentralized protocol that allows anyone to be a lender.

[XTRAVAGANGA]

It is noteworthy how Goldfinch Finance is taking the initiative in changing the standard of crypto loans in decentralized finance (DeFi). Its decentralized lending protocol gives equal access to lending, thereby making the opportunity available to not just banks alone but everyone. As the real-world asset (RWA) lending sector is growing rapidly, the project has gained quite a number of interests from traditional capital, hence placing itself as a leader in this growing space.

Some argue that this concept is hot, for the sake of argument, let's say I agree, but I'm still wondering if this hot concept is good enough to position the project to be one of the leaders in the sector.

[yhiaali3]

I think this topic does not belong to the trading section. It is better to move it to the DeFi section:
https://www.altcoinstalks.com/index.php?board=373.0

Returning to the topic, according to what I know, Goldfinch Finance is not new, but has been around for about two years, and looking at the token, I see according to the price chart that it has risen slightly over the past days, but there has been a significant decline over the past two years.

So I don't know what is new in this project that makes you optimistic about it?

[Faisal2202]

Some argue that this concept is hot, for the sake of argument, let's say I agree, but I'm still wondering if this hot concept is good enough to position the project to be one of the leaders in the sector.

You pointed out a good niche to invest funds in, but personally, I don't like such projects whether they are RWA-based or not, because these projects involve interest and I don't like interest, and you might have the question in your mind that, if a lender or borrower is not making or paying for the funds respectively then how they are going to make profits, and how the platform is going to make the profit. That's another issue I would say. because there are ways to cover such problems.

But besides my personal view, these projects are in great hype, new projects related to this niche are keep coming in the market, and many are providing us the opportunity to join there airdrops as well. I must say these projects can be a good investment opportunity but a risk one, and I don't like it, just adding to make things sure.