GIP-29: Unitranche pools - allow Borrowers to set a 0x Senior Pool leverage ratio to raise funds directly from Backers

@holl because me and @velvetdoctor believe that unitranche pools and senior pools “are mutually exclusive and in no way compete with each other” according to our arguments above :grinning:

The last unitranche pool (Cauris Fund #3) was able to attract $600k out of the $2m needed before it was closed due to lack of interest.

The reality is that Goldfinch TVL doesn’t attract more capital because there has been a massive breach of trust as SP investors have seen their capital locked when it was expected to be liquid.

You can see the Discord channel questions are overwhelmingly about why is the Senior Pool capital locked. It has been like that for months. No sense of urgency into resolving that problem even if it was hurting 80% of Goldfinch supporters.

Now a sudden sense of urgency into passing this proposal to circumvent the Senior Pool.

Makes you wonder…

Council has approved the proposal.