Goldfinch Founders Call and AMA, 13/09/24

Summary

Встреча с командой Goldfinch Foundation и Warbler Labs, где Blake, сооснователь и технический директор, и Алина, директор Goldfinch Foundation, обсуждают развитие Heron Finance, продукта на базе инфраструктуры Goldfinch, предназначенного для аккредитованных инвесторов. Blake делится обновлениями о росте Heron Finance, включая депозиты, число инвесторов и сделок. Также обсуждается план по расширению продукта за пределы США и к неаккредитованным инвесторам. Алина раскрывает планы Goldfinch на будущее, включая создание экосистемы для поддержки создания бизнесов по кредитованию и токенизации реальных активов, а также предстоящий грант-программу для участия сообщества в росте протокола.

Takeaways

• 😀 Blake, co-founder and CTO of Goldfinch and Warbler Labs, is still actively involved in the projects.
• 📈 Heron Finance, a regulated robo-advisor product by Warbler team, has over a million dollars in deposits and about 75 investors.
• 🌐 Heron Finance is currently only available to US accredited investors, but there are plans to expand to non-US and non-accredited investors once product-market fit is achieved and legal hurdles are addressed.
• 🔄 Heron Finance is working on a significant upgrade to increase the number of deals on the platform from seven to hundreds, aiming for a more diversified and safer investment option.
• 🚀 The team is focused on improving Heron Finance's product-market fit before ramping up marketing efforts.
• 💡 There are no immediate plans to integrate the GFI token directly into Heron Finance due to regulatory concerns.
• 💼 AJ, as an adviser, has been working on portfolio management and is in the process of engaging with borrowers for repayment plans.
• 📉 The total loss rate on the senior pool is reported to be 14.23%.
• 📅 The last maturity date for the senior pool is on April 25th, 2025, for Adam Capitals.
• 🌟 The Goldfinch Foundation plans to support the creation of lending businesses and tokenize offerings, with a focus on growing the ecosystem and community involvement through a grants program.

Q & A

Что такое Heron Finance и для кого он предназначен?

Heron Finance - это продукт, разработанный командой Warbler, построенный на инфраструктуре Goldfinch. Он зарегистрирован в SEC в качестве робо-консультанта и предназначен для аккредитованных инвесторов, предоставляя им более гладкий доступ к частному кредитованию.

Какова текущая ситуация с продуктом Heron Finance?

Heron Finance работает уже около шести месяцев, набирая постоянный рост. На платформе более 75 инвесторов и более чем семь сделок. Также упоминается, что скоро будет представлена большая улучшенная версия, которая значительно увеличит количество доступных сделок.

Каковы планы по расширению Heron Finance за пределы Соединенных Штатов?

Хотя команда хотела бы открыть доступ к Heron Finance как можно большему числу инвесторов, текущие юридические и регуляторные ограничения делают это сложным. В настоящее время продукт доступен только для аккредитованных инвесторов в США, и расширение за пределы США или для неаккредитованных инвесторов требует значительных юридических усилий и ресурсов.

Будут ли в будущем интегрироваться токены GFI в Heron Finance?

На данный момент нет прямых планов интеграции токенов GFI в Heron Finance в виде ликвидности майнинга или подобных механизмов. Команда ищет способы интеграции, но требуется больше ясности от регуляторов перед тем, как это сделать.

Каковы обязательства команды Goldfinch в отношении поддержки и развития проекта?

Команда Goldfinch, включая Blake и Mike, продолжает активно работать над Heron Finance и Goldfinch. Они занимаются улучшением продукта, обновлениями и поддержкой инфраструктуры, что подтверждает их приверженность проекту.

Что означает для Goldfinch окончание срока погашения кредитов?

После того как все кредиты будут погашены, Goldfinch планирует сосредоточиться на создании экосистемы для поддержки создания новых бизнес-моделей, использующих инфраструктуру Goldfinch для токенизации и кредитования.

Какие будут новые проекты от команды Goldfinch после окончания срока кредитования?

Команда Goldfinch сосредоточится на создании экосистемы для поддержки новых проектов, использующих их инфраструктуру, и продолжит работу с существующими продуктами, такими как Heron Finance.

Будут ли внедряться изменения в социальные медиа Goldfinch?

Команда Goldfinch планирует увеличить активность в социальных медиа, включая Twitter, и обновлениями на других платформах, чтобы лучше взаимодействовать с сообществом и информировать о разработках и новостях.

Какие мероприятия предусмотрены для участия сообщества в разработке Goldfinch?

Будущие планы включают запуск грант-программы, которая позволит сообществу участвовать в разработке и поддерживать рост экосистемы Goldfinch.

Есть ли планы на создание новых borrower pools в ближайшем будущем?

Да, Goldfinch планирует создавать новые borrower pools в будущем, что будет способствовать расширению их экосистемы и привлечению новых участников.

Outlines

00:00

😀 Вступление и представление Goldfinch Foundation

В видео скрипте представлены Blake, сооснователь и технический директор Goldfinch, и Alina, директор Goldfinch Foundation. Blake делится своим волнением о возможности общаться с аудиторией и рассматривает вопросы, касающиеся финансового продукта Heron Finance. Alina рада присутствовать и обсуждать вопросы, связанные с финансированием и участием команды. Они благодарят за предоставленные вопросы и начинают с вопросов, касающихся Heron Finance.

05:00

📈 Обновления по Heron Finance и планы по расширению

Blake дает обзор Heron Finance, финансового продукта, созданного на базе инфраструктуры Goldfinch. Он объясняет, что Heron Finance предназначен для аккредитованных инвесторов и предоставляет им доступ к частному кредиту. Blake делится информацией о том, что Heron Finance зарегистрирован в SEC как робот-консультант и имеет более чем один миллион долларов депозитов и около 75 инвесторов. Он также раскрывает планы по увеличению количества сделок на платформе и расширению доступности продукта за пределы США и для неаккредитованных инвесторов, учитывая юридические и регуляторные ограничения.

10:01

🌐 Международное расширение и интеграция токенов

Blake обсуждает возможные направления развития Heron Finance, включая международное расширение и интеграцию токенов. Он подчеркивает, что, хотя они стремятся к расширению доступности продукта, юридические и регуляторные препятствия делают это сложным. Blake также говорит о том, что в настоящее время нет прямых планов интеграции токенов Goldfinch (GFI) в Heron Finance из-за неясности регуляторных требований.

15:03

📢 Активность Goldfinch в социальных сетях и будущее проекта

Alina отвечает на вопросы о том, почему команда Goldfinch была неактивна в социальных сетях, и подтверждает, что они восстановили доступ к своему аккаунту в Twitter и планируют увеличить активность. Blake уточняет, что вся команда сосредоточена на разработке Heron Finance и Goldfinch, и они не работают над другими проектами в настоящее время.

20:05

💼 Обновления по портфелю и будущему Goldfinch

AJ, советник Goldfinch Foundation, обсуждает текущий портфель заемщиков и их взаимодействие с Goldfinch. Он упоминает ожидаемые даты погашения, общую убыточность в senior pool и оценивает вероятность будущих дефолтов. Alina раскрывает планы Goldfinch на будущее, в том числе создание экосистемы для поддержки создания кредитных бизнесов и использование borrower pools для токенизации предложений. Она также говорит о предстоящих грантах и возможностях для участия сообщества.

25:06

🤝 Заключительные слова и возможность задать вопросы

В заключении Blake, Alina и AJ благодарят за организацию и участие в вебинаре, предлагают аудитории задать дополнительные вопросы и подчеркивают намерение продолжать работу над улучшением продуктов и взаимодействием с сообществом.

Keywords

💡Heron Finance

Херон Финанс (Heron Finance) - это продукт, разработанный компанией Warbler Labs, который предоставляет аккредитованным инвесторам доступ к частному кредиту. В видео упоминается, что Херон Финанс стремится сделать инвестиции в частный сектор более доступными и простыми для понимания. В контексте видео, это ключевой элемент стратегии компании Goldfinch для расширения своей платформы и привлечения новых инвесторов.

💡Goldfinch Foundation

Фонд Goldfinch - это организация, которая координирует и поддерживает развитие экосистемы Goldfinch. В видео упоминаются ее усилия по работе с сообществом и инвесторами, что демонстрирует важность фонда в поддержании и расширении платформы.

💡Portfolio Management

Управление портфелем - это процесс управления активами инвестора или компании, включая выбор, мониторинг и пересмотр стратегий инвестирования. В видео AJ упоминает свою работу над управлением портфелем для существующих заемщиков, что является важным аспектом обеспечения устойчивого роста и успеха платформы.

💡TVL

TVL (Total Value Locked) - это метрика, показывающая общую сумму средств, заблокированных в децентрализованных финансовых продуктах или протоколах. В видео Blake отмечает TVL Херон Финанса, что иллюстрирует рост и популярность продукта среди инвесторов.

💡Deals

Сделки (Deals) в контексте видео относятся к финансовым операциям или кредитным предложениям, доступным на платформе. Blake упоминает, что Херон Финанс стремится увеличить число сделок на платформе, что будет способствовать диверсификации и росту инвестиций.

💡Regulation

Регулирование (Regulation) - это процесс официального контроля и надзора за финансовым сектором для защиты инвесторов и обеспечения прозрачности. В видео Blake говорит о вызовах, связанных с расширением продукта Херон Финанс за пределы США из-за строгих правовых и регуляторных требований.

💡Product-Market Fit

Совместимость продукта с рынком (Product-Market Fit) - это концепция, описывающая ситуацию, когда продукт успешно удовлетворяет потребности рынка. В видео упоминается, что команда стремится достичь хорошей совместимости продукта с рынком для Херон Финанса, что является ключевым фактором для привлечения большего числа инвесторов.

💡Tokenization

Токенизация (Tokenization) - это процесс превращения активов или ценных бумаг в цифровые токены. В видео Алина говорит о том, что фонд Goldfinch разрабатывает экосистему для поддержки создания новых предложений, использующих инфраструктуру токенизации Goldfinch.

💡Borrower Pools

Пул заемщиков (Borrower Pools) - это механизм, используемый на платформе Goldfinch для группировки кредитных операций. В видео Алина упоминает планы на будущее по созданию новых пулов заемщиков, что будет способствовать расширению и разнообразию предложений для инвесторов.

💡Grants Program

Программа грантов (Grants Program) - это инициатива, направленная на финансирование и поддержку разработок или проектов сообществом. В видео Алина говорит о предстоящей программе грантов, что будет способствовать участию сообщества в развитии Goldfinch.

Highlights

Blake introduces himself as the co-founder and CTO of Goldfinch and Warbler Labs.

Alina discusses her role as the director of the Goldfinch Foundation and her focus on the foundation.

AJ, an adviser to the Goldfinch Foundation, talks about his involvement in portfolio management for existing borrowers.

Blake provides an overview of Heron Finance, its purpose, and its registration with the SEC as a robo-advisor.

Heron Finance aims to offer accredited investors seamless access to private credit.

Blake mentions that Heron Finance has over a million dollars in new deposits and about 75 investors.

Heron Finance is planning a significant upgrade to increase the number of deals on the platform.

Blake explains the challenges of opening Heron Finance to non-US and non-accredited investors due to regulatory hurdles.

AJ discusses the situation with LendEast and the process of negotiating out-of-court settlements.

Alina talks about the team's regained access to their Twitter account and plans for increased social media activity.

Blake confirms his and Mike's ongoing involvement with Goldfinch and Heron Finance, dismissing community concerns about their departure.

Alina outlines the future plans for Goldfinch, focusing on developing an ecosystem to support lending businesses and borrower pools.

The team plans to roll out a grants program to involve the community in Goldfinch's growth.

Alina confirms that new borrower pools will be introduced in the future.

The total loss rate on the senior pool is reported to be 14.23%.

AJ shares that he is unaware of any possible defaults from borrowers outside of LendEast.

Transcripts

hey how's it going everybody um uh you

know me I'm Blake co-founder and CTO of

uh gold Fin and warbler labs and excited

to chat with everybody

today I'll go next hi everyone uh obina

Here I Am the director of The Goldfinch

Foundation been working uh on goldf for

the last three years as part of the

warer team uh but more recently rotated

to focus entirely on the foundation uh

excited to be here and looking forward

to the

conversation thank you Blake thank you

Alina AJ the stage is yours hi everyone

pleas introduce hi everyone my name is

AJ I am the adviser to The Goldfinch

Foundation uh I've been spending the

last three months uh on portfolio

management duties for the existing

borrowers I'm happy to be here and

provide an update uh to every on my

progress

today thank you very much for the

introduction Blake being an AJ and again

i' would like to thank our community

for basically sending lots of questions

uh which we got from you while preparing

for this ma uh to make it easy to follow

up on them we split them up into several

let's see blocks and I will start with

the questions related to heren finance

and funding team involvement so the

first question will go to Blake Blake uh

can you sure please updates on Heron

Finance because they Community would

like some insight into the performance

of the product such as the tvl the

number of investors actively

participating and the number of deals

being funded by the

product sure thing so first I'll give a

quick reminder of what Heron Finance is

in case anybody's not clear so Heron

Finance is they it's a sort of separate

product that was built by the warbler

team it's built on top of the same ginch

infrastructure as the kind of original

Goldfinch product um Heron Finance is

actually registered with the SEC as a

robo advisor and it was designed for

accredited investors and it's a W for

people have really seamless access to

private credit so it basically her

Finance is trying to take some of the

learnings we had from from G Ben but

make it into something that was a little

bit more accessible to mainstream

investors and also an overall better

product so you know one of the big

things we had heard from goldf investors

and was one of the problems we saw was

that it was tough doing this like deal

by deal thing where like bers would come

on they weren't sure whether or not they

were GNA fund their deal they'd have

everyone would have to come invest at

like a small window within one week and

then hopefully the deal would get funded

and you know there was just a lot of

kind of coordination issues and plus

people didn't necessarily feel super

comfortable underwriting the deals

themselves and we took a lot of that and

try to make a new product called Heron

finance that

is totally passive it's automated it's

Diversified by default instead of

investing in one deal you diversify you

are invested in many deals and those

deals keep updating over time and it's

managed by uh the warbler team in terms

of the sort of how we do the allocations

um we anyway I can go into more details

but that's a little bit about it um I

guess also say her Finance um we're

working with Partner Credit funds to

bring their deals uh onto the platform

and you know Heron is and War doing

we're not like originating or sourcing

the deals ourselves but um anyway so to

give a little bit about that and the

update there is so Heron has been live

for about six months or so now um and

it's been kind of slow but but steady

growth we her has bit over a million

dollars in new deposits about 75

investors there's about seven deals

currently on the platform um also the

smart contracts that are being used for

that um have been made public before in

the Discord I can make them public again

uh in case people wanted to to view

those but that is um that can you know

you can see all this kind of activity

happening on chain just like you could

with with goldfinch and um overall yeah

I think we're we've been talking a lot

to customers we're trying to slowly

iterate the product and get it to a

place that's going to see like really

strong product Market fit um it's not

quite there yet but I'm we're seeing

some promising signs especially lately

so that's the short update I can speak

more about I think there's other

questions related to it that happy to go

into thank you very much Blake thank you

for S answer yeah there are some more

questions related to Heron so another

question is what are the growth plans

for Heron and when will the product be

open to non United States investors and

are there any plans to open it to non

accredited investors as

well yeah so first I'll talk about

General growth plans so I would say what

we're actually working right now on a

very like amazing upgrade to Heron that

will drastically increase the number of

deals that we have so right now as I

said there's about seven and you know in

Gold F I think get the most we had

something like 15 or 20 that were active

at a given

time um after we do this this upgrade

we're going to have hundreds and then

eventually thousands of deals on the

platform for herin so we're very excited

about this um I can't really say too

much more about it because we're still

deep into building it but um I say I

think it's going to be a very

significant upgrade and should be um

very helpful to attracting more

investors and more Capital because it's

just going to make the product a lot

more Diversified a lot safer the deal is

going to be a lot more high quality um

so excited about that and that is a key

pillar of how we think Herring can grow

is you got to fundamentally make the

product better there's like products and

then there's you know marketing stuff

sales and marketing um I think we need

to fundamentally make the product better

and that's what we're working on and

hopefully that'll be ready sometime in

the next couple months can't give exact

dates there but that's the kind of rough

timeline we're thinking about

and then you know we can do more

marketing um we have been doing some

marketing like we've been doing you know

Google and Facebook ads and things like

that to try and get people in the door

and talk to customers um but you know

that is you don't want to do too much of

that if you don't think the product has

true product Market fit yet which we

don't um but I think we're getting a lot

closer uh we've been making consistent

updates to it people can all go to it by

the way if you're a um a US ACC credit

investor you can sign up to heren

finance.com and go through the whole

flow and and invest um if not you can at

least check out the website and see what

the product's about but we've been

making a lot of consistent updates there

and once we feel like we have pmf then

you can really more in the gas in terms

of the sales and marketing to add a lot

more investors and dollars but you got

to make sure you get the pmf right first

um beyond that in terms of non- us

investors and non- accredit investors so

look I mean look I would love to open it

up to as many investors as possible um

that's always been the general uh goal

of crypto and defi to have as much

access and make things as Triss as

possible unfortunately the regulator The

Regulators and the legal environment

does not really want that to happen so

it has to be a credited investors for

the us we actually did experiment

earlier this year with opening it up in

Brazil Argentina and Peru um because we

did like a survey uh we spent a lot of

time with many lawyers around the world

to try and find countries where we could

open it up to you know the whole

population of that country without

having to do a lot of legal work um and

and the only ones that really you could

do that for that were also like sizable

populations were Brazil Argentina and

Peru we did seriously look at like tons

of countries like dozens of countries

and talked to like you know probably a

dozen lawyers um for Asia Africa you

know middle east Europe all that stuff

and those were we thought the best

countries that we could pretty much just

open up and see what happens and we did

that we opened up we even did some

Google and Facebook ads in those

countries and there was just very little

uptake um now there's a lot of reasons

for that right I think when you actually

open up internationally and there isn't

you know last time we did this right

obviously most of the gulfish community

is international um that was very crypto

native product um and those investors

were very much seeking out lots of

opportunities in the crypto space and

obviously tokens were very hot back in

2021 so we didn't have to do a lot of

advert we did zero advertising and a lot

of people just kind of showed up um you

know for a regular Finance product

that's just not how it works and so um

it was not something that we could just

do we we did it and we even did some

advertising but just not a lot of uptake

on the product so we decided that really

wasn't super worth it and so we

basically we tried with non us it didn't

do super well um we would like to uh

eventually open it up to non accredited

us investors that also also a big legal

hurdle takes like a million dollars a

year you have to register a fund and do

all this stuff it's it's very very

difficult um and we would like to do

that internationally as well and

hopefully we will do that eventually

once we feel like we've dialed in the

product Market fit here and um can you

know spend the time and resources to

make things open to non- accredited

investors and non- US investors around

the world so short answer is I would

like to do it as fast as we can it turns

out it's actually really hard um also

one thing actually I wasn't even aware

of until getting into this stuff was

that the financial regulations around

the world have actually gotten more

strict since gin originally launched

back in

20120 it's gone from being the type of

thing we like well you can kind of open

it up and as long as you don't advertise

everything's fine to actually advertise

and getting a lot stricter and um and

even just opening it up and having

people come on your website is like not

cool and um accredit investor laws have

been introduced into India for example

they've been introduced into um a lot of

European countries um and just

introduced in Singapore I think lots of

other places that didn't even have them

four years ago so the world is

unfortunately trending more strict with

Finance not less and so that made it

feel like we couldn't just rerun the the

go fin Playbook time especially since

our product is now regulated by the

SEC thank you thank you very much Blake

for such like also very detailed answers

and like so many things you covered uh

like we're here like gfish Community is

also uh very curious to know if there

are any plans to integrate uh gy token

into Heron

Finance yeah so right now there's no

direct plans to do I say or no there's

no plans to integrate it in a direct way

meaning like no like liquidity mining or

um you know or anything like like that

um the I think the feeling especially

that Heron is regulated by the SEC we

don't feel we can take the risk of like

a direct integration until there's more

regulatory Clarity on how to do that um

in a reasonable way as we've said in the

past I mean the the hopefully the the

goal eventually is there's some sort of

um you know we're build on the same

infrastructure um we think that you know

traction is the most important thing um

for building credibility for the ginch

community and getting other teams to

build on it and building more overall uh

dist traction and volume um on the ginch

ecosystem so that's the thing we're most

concerned about and I think that if we

get that right a lot of other you know

good things can follow and we can find a

path um for somehow you know bringing

the token back into things but uh we're

not really sure exactly how to do that

right now so I'll leave it that

okay thank you thank you very much good

to know uh by the way uh can the golfing

Community expect updates on her own to

be shared with like the community going

forward or

not um yeah sure I mean so we um we

honest we haven't been doing like as I

said as much like sales and marketing

and haven't doing updates like there is

a Twitter we send out emails to people

but um we've mostly been focused on

trying to get people Indo build up the

product get the onboarding flow right

and the way we message things and the

marketing site right so um I was you

know you can follow those things you can

get on the email list there that's a

good way and then yeah we can also try

and make um make more of an effort to

just share back some of the stuff that

that we're doing though uh especially

could you know could um could try and

share back some of the key updates

that's happening within the herin side

as

well okay thank you uh Blake there is

one more question which is which seem to

be really important for the community

because we got I mean like we got this

question uh lots of times from different

community members so please uh address

that uh and commment on the involvement

of uh Mike and

yourself uh basically Community is

wondering whether you left G fin or

not oh yeah absolutely not right I mean

so Mike and I Contin to work very very

hard on Heron and by proxy on Goldfinch

so I mean yeah we've been doing a ton of

stuff on Heron uh as i' I've shared

we've been continually updating the

product we got a really amazing upgrade

in the works now um and we have been

growing the number of investors in tvl

slowly but steadily on that product um

which is built on top of gfch

infrastructure we've also in more direct

ways for Goldfinch um we have uh already

contributed back to a simple loan

contract which is a much more flexible

contract that was built sort of for

hering since her was starting to do more

complicated um interest rates structures

and that can be used for Goldfinch now

and then also we've helped craft several

key proposals like the proposal to help

use GFI with principal loss the gfin V3

um and you know getting ajm board and

others so yeah we're still very much

involved this is absolutely our our

full-time work uh so yeah we're and

we're not you know really going anywhere

on this yeah we're definitely still yeah

thank you thank you very much I'm sure

that Community is pleased to know that

you are still involved in Gulf care

about this project that much thank you

uh and just we got also like another

question because uh like taking into

account your level of involvement in

Heron and now we know that you're still

involved that much in

goling uh last but not least question uh

uh other than Heron Finance is the veral

lab team right now working on any other

upcoming projects or

not no everything is is focused on Heron

and and gin

okay cool thank you thank you so much

Blake uh

AJ uh we got lots of questions uh

regarding portfolio performance uh from

different community members and uh I

will be happy to invite you on the stage

and let you share uh your answers on the

following questions which we got earlier

from the community so basically one

other question is can you please provide

uh an update on the situation with list

uh which is important a lot in the

process of restructuring its obligations

and we'll be attempting to negotiate out

of court settlements with its various

stakeholders including Goldfinch um over

the next few weeks um a representative

from lend East should be posting a more

detailed update to the lender data room

um and so you know we're just in waiting

mode until we receive an update from

from

least Co thank you AJ uh another

question which is also like quite

important for the community provided

what happen to land list uh few members

are curious to know if you can share a

general update on the other borrowers

based on your interactions with them in

the past three months in case we can do

so we'll be happy to know more from you

thank

you so the other borrowers outside of

blend East have been very open to

engaging with me as as the new adviser

appointed by the community the

information flow has taken a little

longer than expected due to it being a

new relationship and lack of familiarity

and building trust around sharing

confidential information and so we

haven't yet received detailed financial

information on the performance of the

underlying portfolio companies at each

borrower but we should be completing

portfolio reviews and discussing

detailed plans for repayment for each

borrower over the next few weeks

okay okay thank you thank you so much uh

like all these questions were more

related to uh borrower pools to Junior

polls uh but we also have like quite a

few community members uh which supply

liity to the senior poll and we got

another question from them uh basically

uh when is the last payment expected

into the senior pool according to like

your

estimations so the last maturity date um

is on April 25th

2025 um for Adam capitals uh

cool all right thank you uh another

question which is also related to the

senior poll again here uh because again

like the topic of the senior poll is

quite hot here in the J like uh in the

charts on Discord uh can you please tell

us the total loss rate on the senior

pool so far up to date sure so the total

R loss rate on the senior pool is

14.23% okay thank you thank you very

much and again like last but not least

question regarding like portfolio uh

again like taking into account what

happened to uh

list uh I think it's is also very

important one are you aware of any

possible defaults from borrowers in the

future and in your estimation a borer is

likely to repay the

loans sure so I'm currently unaware of

any possible defaults with the remaining

borrowers outside of outside of lend

East the borrowers have stayed current

on their interest payments which is

great um and we're going to be

discussing their plans for repayment

over the next few weeks and so we'll

have more updates for the community

after that

time thank you thank you J much

appreciate it like the how Community

does really happy to know that thank you

so much uh I guess that other questions

I will uh address to Aina so we got uh

questions regarding social media

presence of gin right now uh so abina

tell us please why has the team been

silent on social media platforms like

Twitter or like xplatform now it's

called that way for a while

already uh yeah happy to talk about this

briefly um unfortunately we had some

issues accessing our Twitter account

over the past few months uh but we have

regained access um to that we don't

anticipate any issues there going

forward and we've resumed posting on

Twitter as early as this week as

recently as this week um yeah the

community can expect sort of increased

activity on eggs and other social media

Platforms in the coming weeks as we roll

out the new site um we introduce the

grants program um and and we continue to

gr the

protocol amazing thank you good to know

that I think that we have already

covered lots of different topics but

there is one which is still left uh and

we got like quite a few questions on

that because everyone is really curious

to know what is the future of gfch what

the gfch will be uh so basically one of

the questions is what are the plans for

ginch going forward and what happens to

ginch after all the loans mature

rabina yeah happy to talk about this as

well um

and and yeah I think Blake has started

talking about this a little bit uh but

effectively the way that uh we're

thinking about this is that on the

product side um The Goldfinch Community

will be focused on two areas going

forward um firstly uh and this is in

line with The Goldfinch blueprint that

Mike and Blake shared last year um we

are developing an ecosystem to support

the creation of lending businesses

such as Heron um that leverage sort of

goldfinch's tokenization infrastructure

um and and as you can imagine like so

the idea here is just as Heron has done

we believe that there is a market of of

teams and and only growing Market of

teams now that uh sort of the real world

asset narrative is really begin

beginning to take to to to to gain steam

um that there's a growing number of

teams that are looking for

infrastructure on which to build their

own products and which to tokenize their

own products and so um one big pillar of

goldfinch's future going forward uh is

to build an ecosystem that allows and

supports teams um to build on this

infrastruct to build on this

infrastructure um and and to sort of uh

grow The Goldfinch protocol as you can

imagine the more teams that are building

on on our infrastructure the more

tvl um that the protocol will have

ultimately the more valuable the

protocol will be so that that's one of

the major um sort of components of

goldfinch's growth going

forward um now secondly on the product

side uh the truth is that there're less

technical teams especially traditional

Finance native teams that are looking to

tokenize their offerings as well and so

um you know we think this is where the

borrower pools the gold winch borrower

pools come in

um because they allow teams to tokenize

their offerings quickly just as Alma

chorus um and Adam are doing today and

many other funds have done on Goldfinch

over the last few years um and so um the

approaches you know there's there's one

more technical approach for development

teams like Heron uh but then there's

other there there's another sort of less

technical um easy way for folks to

tokenize using the goldf infrastructure

making use of the borrower pools um and

similarly the more folks the more the

more uh teams that are that are using

that are opening up new borrower pools

and are tokenizing their offerings that

way uh the higher the TBL the more

valuable the protocol

um and the better off the ecosystem will

be um ultimately we think that sort of

Goldfinch has battle tested

infrastructure that's seen

um over 120 million

originations um and we've been sort of

uniquely positioned uh we're uniquely

positioned to offer this infrastructure

to teams interested in bringing their

assets on chain um and and yeah so this

is all on the product side on the

community side we'll be rolling out a

grants program next month in an effort

to sort of get more uh of the community

uh involved uh in our

growth thank you thank you I've being

nice nice to know that and last question

uh basically about the future of golfing

uh which seems to be quite brilliant uh

will there be new borrower pulls in the

near future and if so will the GF credit

analysis grant program

continue um yeah so so so kind of like I

just described we do plan on on having

new borrow pools open in the future um

now in terms of the credit analysis

grants program um I don't have an answer

to that just yet uh it is likely that we

introduce something similar um in the

wider grants program that we're

launching next month uh but but I'm sure

sort of what form that takes and and and

how soon the specific credit analysis uh

grants portion will be released but

that's how but but yeah we will be

releasing B Pools in the future um TBD

on on what the credit analysis program

will look like going

forward amazing amazing thank you abina

thank you abina thank you AJ Thank You

Blake for all your answers to the

questions which we got earlier from the

community members who sign it up via

their form uh we would like to like let

uh community members who are present

right now on the call on the ma session

to ask five more questions in case you

have them so please raise your hand to

let me know that you want to be invited

to this stage and we will let you ask

your question directly from Blake uh

abina or

AJ don't hesitate to do

so okay we have one question from banman

I'm inviting him to speak bman you're

invited feel free to step on the

stage okay

yep we can hear you than you than you

yeah thank you guys for hosting this um

event um I really like the team and you

know what you guys are doing it's really

exciting times ahead um and I was just

wondering if you guys are looking at all

to grow your team um where would be the

best place to look um especially on like

the marketing side of

things um so for The Goldfinch protocol

um you could just you can send me an

email at Aina Goldfinch finance and we

can talk some more about it we are

thinking about growing the team

primarily through the GRS program going

forward um but uh happy to have a more

in depth chat about this as

well awesome cool uh could you repeat

your email one more time

sorry uh obina that's just my first name

at Gold Vin talk Finance gotcha thank

you appreciate it guys

thank you bman I'm moving you to

audience back back there thank you uh

please we have four more questions in

case you want to ask them like feel free

to do so raise your hand and then we'll

white you onto the stage

okay seems that there are not any

questions left uh remain so far I want

to thank again like all the community

members who came to listen to the m

session uh with plague abina and AJ

thank you very much for your time and

thank you very much for all the

brilliant questions which you asked us I

want also to thank Blake being an AJ for

sharing the answers and for your time

and for staying with the community and

for being together uh this like this

time during this AA thank you so much

and let's skip in touch thank you