5min chapter

Into the Bytecode cover image

Jesse Pollak: Base, Coinbase's path to building an L2

Into the Bytecode

CHAPTER

Goldfinch: A Lending Protocol for Consumers

Goldfinch is basically a lending protocol where like consumers can pull capital. There's an underwriter that kind of assesses it and then people pooling capital, which gives the capital to borrowers. And what they were seeing was their borrowers were all of the Goldfinch pools were in USDC. They saw that most of their bars were going through this really painful step where they were first withdrawing the USDT from Goldfinch and then they were taking it to like Uniswap and swapping it for USDT. What Mark was building at the time when he said this to me is we just want to take one of those steps out. We're adding a interface to Unis

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