V2 #24
2025-02-02 14:37
The claimant provided onchain proof of loss, which claim assessors reviewed and discussed along with the submitted incident details in the claim submission. Assessors discussed this claim request on the governance forum, where they concluded that no loss of funds due to any of the covered terms occurred. The loss in question was due to a loan default on an uncollateralized loan issued from Goldfinch’s senior pool. Assessor’s noted that Protocol Cover does not cover credit risk, and Goldfinch’s documentation noted that Protocol Cover did not provide protections for credit risk. Assessors concluded in their discussion on the forum that this claim was not valid and no votes were cast to approve this claim request, which resulted in a deny outcome.
2024-10-09 11:11