🚨Flash News: Yield Protocol announces closure at the end of the year🚨
- Yield Protocol, DeFi lending protocol, to close at the end of the year due to lack of demand and global regulatory pressures 🌐
- The December 2023 series will be the last, maturing on December 29, 2023 📅
- They cancel the launch of the March 2024 series 🚫
- Unfavorable regulations in the US, Europe and the UK influenced the decision 🌍
- Other closings in 2023 include Geist Finance ($29M TVL) and None Trading ($16.5M) 💸
What do you think about the closure of Yield Protocol and the future of DeFi? Comment below! ⬇️
- Yield Protocol, DeFi lending protocol, to close at the end of the year due to lack of demand and global regulatory pressures 🌐
- The December 2023 series will be the last, maturing on December 29, 2023 📅
- They cancel the launch of the March 2024 series 🚫
- Unfavorable regulations in the US, Europe and the UK influenced the decision 🌍
- Other closings in 2023 include Geist Finance ($29M TVL) and None Trading ($16.5M) 💸
What do you think about the closure of Yield Protocol and the future of DeFi? Comment below! ⬇️