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

Odaily reports that the Goldfinch decentralized lending protocol community has published a proposal titled "Approve Goldfinch Operations & Maintenance and Gradual Liquidation of Goldfinch Prime." Voting on the proposal will end tomorrow, with a current approval rate of 100%.

The proposal includes an orderly termination of Goldfinch Prime business operations and transitioning Goldfinch into "maintenance mode." Subsequent work will focus on supporting the ongoing liquidation of historical borrower pools, maintaining access to previous application versions so users can continue to collect repayments and principal, as well as completing the winding down of the foundation and related administrative obligations.

Additionally, Warbler Labs will receive a fixed service fee of 150,000 USD, of which 100,000 USD will be an additional budget and 50,000 USD will be reallocated from previously approved operational budgets. These funds will support the liquidation of Goldfinch Prime and the foundation, business transition, and technical and operational maintenance of historical borrower pools over the next two years or longer.

Previously, Goldfinch completed a 25 million USD financing round in 2022, led by a16z.