DeFi Protocol Holding 55% of Algorand Value to Shut Down

Permalink Report to webmaster

Algofi, the largest decentralized finance protocol on layer-1 blockchain Algorand, said it will shut down and plans to halt lending, borrowing and trading imminently.

Source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

#Finance, #News, #Algorand, #DeFi, #OnchainData, #Closures