Goldfinch fundamentals

[tt_admin]

A space to discuss the fundamentals of ‘Goldfinch’.

Link to the dashboard: Goldfinch (GFI) - Key metrics | Dashboard | Token Terminal

Goldfinch – crypto borrowing without crypto collateral | Token Terminal

[tt_oakbarrel]

Token Terminal <> Goldfinch | Monthly data update (March 2023)

Chains tracked: Ethereum

Methodology:

• Active loans: Monthly average value of outstanding loans on Goldfinch
• Fees: Total interest and withdrawal fees paid by borrowers
• Supply-side fees: Share of interest that goes to the liquidity providers and backers
• Revenue: Share of interest and withdrawal fees that goes to the protocol (GFI holders)
• Token incentives: USD value of the protocol’s governance tokens that have been distributed to users
• Earnings: Revenue minus token incentives
• Treasury: Monthly average USD value of the protocol’s funds held on-chain (including unallocated governance tokens)
• Daily active users: Monthly average number of distinct depositors and withdrawers
• Active developers: Monthly average number of distinct GitHub users that made 1+ commits to the project’s public GitHub repositories during the past 30 days
• Code commits: Number of commits to the project’s public GitHub repositories

Metrics (March 2023):

• Active loans (monthly average): $100.84m
• Fees: $918.71k
• Supply-side fees: $820.48k
• Revenue: $98.23k
• Token incentives: $983.48k
• Earnings: -$885.25k
• Treasury (monthly average): $15.35m
• Daily active users (monthly average): 8
• Active developers (monthly average): 2
• Code commits: 1

[tt_oakbarrel]

Token Terminal <> Goldfinch | Monthly data update (April 2023)

Chains tracked: Ethereum

Methodology:

• Active loans: Monthly average value of outstanding loans on Goldfinch
• Fees: Total interest and withdrawal fees paid by borrowers
• Supply-side fees: Share of interest that goes to the liquidity providers and backers
• Revenue: Share of interest and withdrawal fees that goes to the protocol (GFI holders)
• Token incentives: USD value of tokens that have been distributed to incentivise users
• Earnings: Revenue minus token incentives
• Treasury: Monthly average USD value of the protocol’s funds held on-chain (including unallocated governance tokens)
• Daily active users: Monthly average number of daily distinct Depositors and Withdrawers
• Core developers: Monthly average number of distinct GitHub users that made 1+ commits to the project’s public GitHub repositories during the past 30 days
• Code commits: Number of commits to the project’s public GitHub repositories

Metrics (April 2023):

• Active loans (monthly average): $101.31m
• Fees: $1.10m
• Supply-side fees: $984.27k
• Revenue: $111.81k
• Token incentives: $539.89k
• Earnings: $-428.09k
• Treasury (monthly average): $14.66m
• Daily active users (monthly average): 6
• Core developers (monthly average): 10
• Code commits: 432

[Blakeweet]

Thanks, we reviewed these and they are in line with what we expect.

[tt_branch]

Token Terminal <> Goldfinch | Monthly data update (May 2023)

Chains tracked: Ethereum

Methodology:

• Active loans: Monthly average value of outstanding loans on Goldfinch
• Fees: Total interest and withdrawal fees paid by borrowers
• Supply-side fees: Share of interest that goes to the liquidity providers and backers
• Revenue: Share of interest and withdrawal fees that goes to the protocol (GFI holders)
• Token incentives: USD value of tokens that have been distributed to incentivise users
• Earnings: Revenue minus token incentives
• Treasury: Monthly average USD value of the protocol’s funds held on-chain (including unallocated governance tokens)
• Daily active users: Monthly average number of daily distinct Depositors and Withdrawers
• Weekly active users: Monthly average number of weekly distinct Depositors and Withdrawers
• Monthly active users: Monthly average number of monthly distinct Depositors and Withdrawers
• Core developers: Monthly average number of distinct GitHub users that made 1+ commits to the project’s public GitHub repositories during the past 30 days
• Code commits: Number of commits to the project’s public GitHub repositories

Metrics (May 2023):

• Active loans (monthly average): $101.33m
• Fees: $917.60k
• Supply-side fees: $822.11k
• Revenue: $95.49k
• Token incentives: $94.89k
• Earnings: $597.72
• Treasury (monthly average): $11.40m
• Daily active users (monthly average): 5
• Weekly active users (monthly average): 33
• Monthly active users (monthly average): 105
• Core developers (monthly average): 9
• Code commits: 162

[Blakeweet]

Thanks, we reviewed these and they are in line with what we expect.

[tt_branch]

Token Terminal <> Goldfinch | Monthly data update (June 2023)

Chains tracked: Ethereum

Methodology:

• Net deposits: Total value deposited to the protocol
• Active loans: Monthly average value of outstanding loans on Goldfinch
• Fees: Total interest and withdrawal fees paid by borrowers
• Supply-side fees: Share of interest that goes to the liquidity providers and backers
• Revenue: Share of interest and withdrawal fees that goes to the protocol (GFI holders)
• Token incentives: USD value of tokens that have been distributed to incentivise users
• Earnings: Revenue minus token incentives
• Treasury: Monthly average USD value of the protocol’s funds held on-chain (including unallocated governance tokens)
• Daily active users: Monthly average number of daily distinct Depositors and Withdrawers
• Weekly active users: Monthly average number of weekly distinct Depositors and Withdrawers
• Monthly active users: Monthly average number of monthly distinct Depositors and Withdrawers
• Core developers: Monthly average number of distinct GitHub users that made 1+ commits to the project’s public GitHub repositories during the past 30 days
• Code commits: Number of commits to the project’s public GitHub repositories

Metrics (June 2023):

• Net deposits: Missing
• Active loans (monthly average): $101.36m
• Fees: $862.40k
• Supply-side fees: $774.57k
• Revenue: $87.84k
• Token incentives: $72.41k
• Earnings: $15.43k
• Treasury (monthly average): $8.94m
• Daily active users (monthly average): 8
• Weekly active users (monthly average): 47
• Monthly active users (monthly average): 153
• Core developers (monthly average): 3
• Code commits: 0

[Blakeweet]

Thanks, we reviewed these and they are in line with what we expect.