Goldfinch · interactive mechanism simulation

Backers stake junior first-loss capital into a Borrower Pool → the Senior Pool auto-allocates leveraged senior capital on top → USDC flows out to an emerging-market lender → repayments flow back with a backer bonus. Trigger a borrower default to see "trust through consensus" absorb losses.
Backers 0 USDC junior Senior Pool 0 USDC · 4× leverage Borrower Pool 0 USDC funded EM fintech lender motorbike / consumer loans
Loans originated
0 USDC
Active pool TVL
0 USDC
Backer capital remaining
0 USDC
Cumulative losses
0 USDC
Parameters — edit me
4.0×
0.5/s
14%
60% of pool
Controls

Illustrative simulation. Models the researched Goldfinch "trust through consensus" mechanism: Backer first-loss capital attracts leveraged Senior Pool funding into a Borrower Pool, which disburses to an off-chain lender and repays with interest plus a backer bonus. The default trigger illustrates the documented pattern (Tugende, Stratos, Lend East) where undetected covenant breaches wiped Backer capital before Senior Pool exposure. Flows and timing are randomized for visualization, not live onchain data. Part of The Onchain Experiment Atlas.