Goldfinch community proposal enters maintenance mode and gradually liquidates Prime operations, current approval rate 100%

Odaily Planet Daily News Decentralized lending protocol Goldfinch community has released a proposal titled "Approving Goldfinch Operational Maintenance and Gradual Liquidation of Goldfinch Prime." Voting will end tomorrow, with the current approval rate at 100%.

The proposal includes an orderly wind-down of Goldfinch Prime business operations and transitioning Goldfinch into "maintenance mode." Subsequent work priorities will include supporting the ongoing liquidation of historical borrower pools, maintaining access to historical versions of the application so users can continue to claim repayments and principal, as well as completing the closure of the foundation and related administrative obligations.

Additionally, Warbler Labs will receive a fixed service fee of $150,000, of which $100,000 is new budget allocation and $50,000 comes from the reallocation of previously approved operational budget. These funds will be used to support the liquidation of Goldfinch Prime and the foundation, business transition, as well as technical and operational maintenance of historical borrower pools over the next two years or longer.

Previously, Goldfinch completed a $25 million funding round in 2022, led by a16z.