Pursuant to the reasoning outlined in GRC-02: A Blueprint For Goldfinch, we are proposing an overall strategy and approach that we think the Goldfinch community should undertake to create more usage and growth of the protocol.
Step one is for Warbler Labs to build its own successful lending business, a robo-advisor for private credit, on top of the Goldfinch protocol. In doing so, Warbler will be an early example of how to build on the Goldfinch “operating system for lending”, which will lead to…
Step two, where the community focuses on getting many others to build their onchain lending businesses using the Goldfinch operating system, which will lead to…
Step three, where the community can build a broad array of products and services that take advantage of the growing ecosystem of interoperable loans.
See GRC-02: A Blueprint For Goldfinch, where the reasoning is laid out in detail.
As shared in the post linked above, the summary of the Blueprint for Goldfinch is:
- Enable a successful lending business → Warbler will be among the first to build on Goldfinch, with a robo advisor for private credit that uses the blockchain to enhance the deals.
- Scale to many businesses → The community will support many businesses building on the Goldfinch operating system, which creates a network of interoperable loans
- Build an ecosystem of products and services → When Goldfinch has many lending businesses building on the same standardized stack, the community can take advantage of those network effects to create new products and services that support all the loans.
To summarize, we believe there’s a massive opportunity in front of Goldfinch to tackle the $1.4 trillion private credit market. However, to break out of the recent stagnant growth, the Goldfinch community needs a clear and decisive strategy that makes big changes, not incremental ones.
The goal of this blueprint is to use our learnings and advantages in the current market to create a hyper scalable evolution of Goldfinch that gives investors what they want.
- Alignment on a clear strategy, which helps direct community efforts and clarify what should or should not be worked on and voted on.
- The strategy could be wrong. But that’s how all strategies are. It requires taking a stance and pursing it. It will never be obvious.
“Yes” - You agree to the general strategic approach and sequencing. The community should start building towards this.
“No” - You disagree on the general strategic approach. The community should not start building towards this.