Coinbase Lists New 'Khauta' Ethereum Token Joalokaha Crypto Markets Bounce

Ka The Daily Hodl - lilemo tse 2 tse fetileng - Nako ea ho Bala: Metsotso e 2

Coinbase Lists New 'Khauta' Ethereum Token Joalokaha Crypto Markets Bounce

A decentralized credit protocol is looking to weave threads of gold after a surprise listing by top US crypto exchange Coinbase.

Ka blog e ncha poso, Coinbase says that the Ethereum token Goldfinch Protocol (GFI) will start trading on Coinbase Pro once appropriate liquidity conditions are met.

The project fills a niche in the decentralized finance (DeFi) space by offering loans without requiring collateral in the form of cryptocurrency.

Khauta ea Khauta o re:,

“The vast majority of borrowers in the world can’t actually borrow on DeFi today because it requires over-collateralization with crypto.

By removing that crypto collateral requirement, the Goldfinch protocol unlocks an entirely new level of borrower capacity.

This is what will finally allow crypto to break out into global debt markets.”

Goldfinch is tapping into emerging economies across Africa, Asia, and Central and South America.

Source: Goldfinch/Medium

Goldfinch recently announced it had raised $25 million led by venture capital firm Andreessen Horowitz.

The new GFI token will sebeletse a variety of functions including community governance, staking, grants and participation incentives.

The altcoin has seen wild price action since first going live yesterday. GFI was valued at $26 at launch, then quickly fell to the $17 level before lurching to as high as $32.39.

Khauta ea Khauta has since seen a slow stagger downward and currently trades for $12.10.

Sheba theko Action

U se ke Ua Lahleheloa ke Beat - Subscribe ho fumana litlhokomeliso tsa imeile tsa crypto tse tlisoang ka kotloloho ho inbox ea hau

Latela re ka Twitter, Facebook 'me thelekramo

lefilo Motsoako oa Daily Hodl

  Lekola lihlooho tsa litaba tsa moraorao

  Boitlhotlhollo: Maikutlo a hlahisitsoeng ho The Daily Hodl ha se likeletso tsa ho tsetela. Batseteli ba lokela ho ikitlaetsa pele ba etsa matsete a nang le kotsi e kholo ho Bitcoin, cryptocurrency kapa thepa ea dijithale. Ka kopo o eletsoe hore liphetisetso le mesebetsi ea hau li kotsing ea hao, 'me ho lahleheloa ke eng kapa eng eo u ka bang le eona ke boikarabello ba hau. Daily Hodl ha e khothaletse ho rekoa kapa ho rekisoa ha li-cryptocurrensets kapa thepa ea dijithale, ebile The Daily Hodl ha se moeletsi oa matsete. Ka kopo hlokomela hore The Daily Hodl e nka karolo papatsong e kopanetsoeng.

Featured Image:Shutterstock/sergeymansurov/Nikelser Kate

Potso Coinbase Lists New 'Khauta' Ethereum Token Joalokaha Crypto Markets Bounce e hlahile pele ho Daily Hodl.

Mohloli oa pele: Daily Hodl