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
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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
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