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

Odaily Planet Daily News Decentralized lending protocol Goldfinch community has published a proposal "Approving Goldfinch Operations Maintenance and Gradual Liquidation of Goldfinch Prime," with voting ending tomorrow and a current approval rate of 100%.

The proposal includes an orderly wind-down of Goldfinch Prime business operations and transitioning Goldfinch into "maintenance mode." Future work priorities will include supporting the continued liquidation of historical borrower pools, maintaining access to legacy application versions 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 reallocation of previously approved operational budgets. 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 for the next two years or more.

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