The Solana ecosystem is losing another player

posted  2 Feb 2023
Photo - The Solana ecosystem is losing another player
Lending protocol Everlend Finance has announced that it has ceased operations. The reason is simple: a lack of liquidity.

The codebase is left open-sourced by the developers so that others can continue working on the project.

However, the team also maintains that Everlend is a fantastic product that will eventually be very convenient, and that Solana is the most effective network for its implementation.

The app is now in withdrawal-only mode