Warbler Labs Announces $20 Million Default in Goldfinch DeFi Credit Protocol

Warbler Labs, the pool management protocol, announced over the weekend through its management forum that the $20 million tokenized credit in the Goldfinch DeFi credit pool has defaulted following the underperformance of investments in real estate technology company and digital asset investments made by the indebted Stratos. Details of the $20 Million Tokenized Credit The troubled pool had provided a four-year $20 million (USDC) stablecoin loan to fintech credit fund Stratos in February 2022, with an annual interest rate of 11%, and Warbler Labs became the borrower.

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