GIP-28: Storm King MM Proposal

Hey Mark, Punia from Warbler Labs here, and I’ll jump in here to provide the perspective from our side. Important to note that there is no “Goldfinch Team” as such, and we are providing our perspective as one of the members of the DAO.

GFI Liquidity is important to accomplish the protocol’s goals. Specifically, having adequate liquidity is important for the upcoming launch of the Membership Vaults, as people need to hold GFI tokens to participate.

The current levels of liquidity don’t support trades over $5,000 without incurring significant slippage. For the community to increase protocol participation, they need access to more GFI. In general, having sufficient liquidity for price discovery helps bring in and align people within an ecosystem.

Based on conversations with experts in our network, we think Stormking has a strong reputation and has the right team & technical capabilities to deliver on these KPIs.

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