op_posi_te

[op_posi_te @op_posi]

@bolotovma 😍😍

[op_posi_te @op_posi]

@ForeverBots Looks good

[op_posi_te @op_posi]

@cocombria @vampicaat

[Copium Wars @copiumwars]

Many have asked what's HOPE? Here's the answer! A brief overview by @t_snark

https://t.co/SnNfpbNiSP

[op_posi_te @op_posi]

look at that 🥺😵‍💫

[Yanes Vosenava @0xSenjka]

10 exciting days of work to turn Rim's story about #Ragnarok into this comic strip 👾
..just save it for posterity or pass it to those who are just waiting for answers. For the sake of #RAGMI

#RagnarokArt
@RagnarokMeta
@0xfanfaron

1/2
Full PDF: https://t.co/sBiRsbYM6v

[op_posi_te @op_posi]

@0xSenjka @RagnarokMeta @0xfanfaron Why u are so talented? ❤️‍🩹❤️‍🩹

[op_posi_te @op_posi]

@The_Babylonians @SecretNetwork @scrt_foundation 🚀🚀🚀🚀

[op_posi_te @op_posi]

@element_fi @componentfi guys, I have big problems with the verification bot. what should I do? I solve the captcha, but after that nothing changes on the server

[op_posi_te @op_posi]

@element_fi @mihai673 guys, I have big problems with the verify bot. What should I do? I solve the captcha, but after that nothing changes on the server

[op_posi_te @op_posi]

12/Governance
Governance is done using a DAO, which can perform to maintenance functions and parameter adjustments via decentralized governance votes, e.g. setting the rewards and distribution of GFI, upgrading contracts or changing protocol configurations and parameters.

[op_posi_te @op_posi]

6/Since protocol relies on counting individual Backers, it needs to ensure that Backers are different people. Therefore all Backers, Borrowers and Auditors require a "unique entity check».

[op_posi_te @op_posi]

11/Governance votes to appoint Unique Entity Check providers, voting starts after off-chain oracles check to validate that wallets addresses belong to unique entities. When on-chain decentralized IDs mature, Governance can vote to migrate the protocol to these new providers.

[op_posi_te @op_posi]

5/That is, if the majority of Backers add capital to the Borrower Pool, then the Senior Pool will also increase (that is leverage).

[op_posi_te @op_posi]

3/ The Goldfinch platform @goldfinch_fi seeks to solve this problem, as it advocates to issue crypto loans without collateral in a decentralized form.

[op_posi_te @op_posi]

4/Leverage Model.
To properly allocate capital, Goldfinch uses the principle of "trust through consensus." Which is a principle in which the protocol does not trust an individual participant (Backer or Auditor), but trusts collective decisions of most of them.

[op_posi_te @op_posi]

2/Until recently, in crypto, the only way to get a loan was to place a crypto asset as collateral, but the price of the collateral always exceeds the loan amount, which is a very inefficient way to increase capital.

[op_posi_te @op_posi]

0/ in continuation of this topic

[ilya @cocombria]

I signed up for Take Flight program from @goldfinch_fi, a small thread about why this project is interesting for me and a small thread about what I was able to learn from the beginning of program (it will be updated throughout the event):

[op_posi_te @op_posi]

1/In the traditional economic sphere, loans are issued only after a full assessment of client's solvency: checking his credit history, income and assets.