Galaxy has unveiled its new institutional-grade on-chain financing program, GOFR (Galaxy On-chain Financing Rate), designed to provide institutional clients with indirect access to the on-chain credit market. The program offers financing at a single optimized rate, with Galaxy serving as the counterparty. Notably, GOFR includes up to $100 million in first-loss protection, enhancing security for participants.
Galaxy Introduces GOFR On-Chain Financing with $100M Protection
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