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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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  • solanaSolana(SOL)$164.78-3.23%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.223168-2.57%
  • cardanoCardano(ADA)$0.74-1.39%
  • tronTRON(TRX)$0.264828-0.50%
  • bitcoinBitcoin(BTC)$105,021.000.29%
  • ethereumEthereum(ETH)$2,501.351.12%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.36-1.32%
  • binancecoinBNB(BNB)$647.010.43%
  • solanaSolana(SOL)$164.78-3.23%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.223168-2.57%
  • cardanoCardano(ADA)$0.74-1.39%
  • tronTRON(TRX)$0.264828-0.50%
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  • bitcoinBitcoin(BTC)$105,021.000.29%
  • ethereumEthereum(ETH)$2,501.351.12%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.36-1.32%
  • binancecoinBNB(BNB)$647.010.43%
  • solanaSolana(SOL)$164.78-3.23%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.223168-2.57%
  • cardanoCardano(ADA)$0.74-1.39%
  • tronTRON(TRX)$0.264828-0.50%
  • bitcoinBitcoin(BTC)$105,021.000.29%
  • ethereumEthereum(ETH)$2,501.351.12%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.36-1.32%
  • binancecoinBNB(BNB)$647.010.43%
  • solanaSolana(SOL)$164.78-3.23%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.223168-2.57%
  • cardanoCardano(ADA)$0.74-1.39%
  • tronTRON(TRX)$0.264828-0.50%