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Algorand decentralized lending protocol Algofi to shut down by end of year

July 11, 2023 by DIGIT
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Developers say building the borrowing and lending protocol is “no longer a viable path” for Algorand.

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Categories Algofi, Algorand, Cryptocurrencies
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  • bitcoinBitcoin(BTC)$89,717.00-2.50%
  • ethereumEthereum(ETH)$3,040.88-2.65%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.04-2.82%
  • binancecoinBNB(BNB)$883.42-1.84%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$132.54-5.16%
  • tronTRON(TRX)$0.2862040.94%
  • staked-etherLido Staked Ether(STETH)$3,034.69-2.77%
  • dogecoinDogecoin(DOGE)$0.139083-6.07%