TechFlow News, June 24: The Goldfinch community has approved GIP-87, initiating the orderly shutdown of Goldfinch Prime and transitioning Goldfinch into “maintenance mode.” Subsequent efforts will focus primarily on recovering funds from legacy lending pools, ensuring users can continue to claim repayments through historical applications, and completing operational and administrative wind-down activities for the foundation.
Per the proposal, Goldfinch will cease development of new protocols and growth initiatives. Concurrently, Warbler Labs will receive a fixed service fee of $150,000 to support the shutdown and transition of Goldfinch Prime and the foundation, as well as technical and operational maintenance required for managing legacy lending pools over the next two years—or longer. The proposal passed with 100% support, and voter turnout significantly exceeded the quorum threshold.
