Goldfinch Community Votes to Shutter Prime, Enters Maintenance Mode with 1.1M GFI Support

According to The Block, Goldfinch token holders voted to approve the protocol's transition into maintenance mode on Tuesday, with 1.1 million GFI cast in favor of the GIP-87 proposal and no votes recorded against. The proposal, which surpassed quorum more than four times over, will halt Goldfinch Prime product development and focus operations on loan recovery and platform maintenance. The protocol will "stop pursuing new protocol development and new growth initiatives" under the plan.

Existing Prime investors will be fully redeemed as the product shuts down. Warbler Labs, the core development team, will receive a fixed $150,000 payment to support the wind-down over the next two years. Goldfinch Prime, launched in February 2025, failed to achieve adoption levels needed to justify continued investment.