Goledo Finance Project Introduction, Team, Financing and News

Performances

RD Popularity Index

3350.00% (24h)

0100200300400500

Project Rank: 2524/15394

RD Growth Index

403.03% (24h)

0400800120016002000

Project Rank: 6918/15394

Comparison

Event Calendar

Dec 19, 2022

Goledo Finance launches on the mainnet

Jan 28, 2024

Goledo Finance suffered a security incident, resulting in approximately 1700000 USD in losses.

Follow Updates

Follow Lists

People

Details

Goledo Finance is a cross-chain lending and borrowing protocol on the Conflux network, built on the Aave V2 codebase. Users can deposit digital assets as collateral to borrow, while earning interest on their deposits. Protocol revenue comes from borrowing interest and flash loan fees, of which 50% is distributed to GOL token stakers and lockers, with the rest going to the protocol treasury. GOL staking rewards are automatically re-staked for 3 months; early withdrawal incurs a penalty of up to 50%. A health factor below 1 may trigger liquidation, which can be mitigated by repaying the loan or adding more collateral.

Tags:

DeFi

Lending

Ecosystem(1):

Conflux

Founded:

2022

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