Goldfinch is a decentralized protocol that allows for crypto borrowing without crypto collateral. The Goldfinch protocol has four core participants: Borrowers, Backers, Liquidity Providers, and Auditors. Borrowers are participants who seek financing, and they propose Borrower Pools for the Backers to assess. Borrower Pools contain the terms a Borrower seeks, like the interest rate and repayment schedule. Backers assess the Borrower Pools and decide whether to supply first-loss capital. After ...