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Galahad Finance

Galahad Finance is an exciting new protocol that will revolutionize the world of decentralized finance. It is the first platform that allows users to take out loans against their Ethereum (ETH) as collateral on zkSync, a Layer 2 scaling solution for Ethereum. This innovative approach provides users with unprecedented flexibility and efficiency, making it easier than ever to access liquidity without selling assets.
With a loan paid in Galahad Finance’s native stablecoin, $FIN, Galahad Finance offers a low interest rate with a minimum collateral of 110% and is easy to redeem, making it a more accessible option for those who may not have access to traditional financial services.
Galahad Finance is trustless. The platform uses zero-knowledge proofs, allowing users to prove their transactions’ validity without revealing any sensitive information. This ensures that users can access liquidity without having to sacrifice their privacy or security, which is a major concern for many in the DeFi community.