Thanks for the link. Interesting concept for sure and as far as I’ve seen they are operating since 2018 with around $750M underwritten so far. That’s pretty big and compared with them Tinlake is relatively new (the first revolving pools launched in October 2020).
I see here a few limitations compared to Centrifuge and Tinlake:
(1) Due to the nature of revolving pools, Tinlake offers open-ended investments (as long as financing is needed, the pools stay open and investors can keep their investments in the pool). The investment types range from short-term (30 days) to long-term (up to 36 months asset maturity for some assets)
(2) Right now, Tinlake pools are open for investments in DAI stablecoin but in the future maybe other stable assets - less dependend on the 1:1 Dollar-equivalent - could be used for investments.
(3) Underwriting could be done in a decentralized manner by giving the voting power to the community
These are just ideas but that’s the power of decentralization