Liquidity Protocol Algofi Launches on Algorand, Offering a Lending Market, Stablecoin, and Liquidity Incentives
Algofi's Mainnet launch completes the DeFi ecosystem trifecta (DEX, lending, and bridging) on Algorand.
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Algofi's Mainnet launch completes the DeFi ecosystem trifecta (DEX, lending, and bridging) on Algorand.
Algorand’s (ALGO) largest decentralized finance protocol, Algofi, will wind down because current events have made its continued operations non-viable, according to a July 10 statement. “A confluence of events has taken place that no longer makes building and maintaining the Algofi platform to the highest standards a viable path for our company.” The Algofi team […]
The post Algorand’s largest DeFi protocol Algofi to shut operations appeared first on CryptoSlate.
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