The post Zerolend Founder Announces Protocol Wind‑Down and Withdrawal Guidance appeared on BitcoinEthereumNews.com. Zerolend announces closure of its lending protocolThe post Zerolend Founder Announces Protocol Wind‑Down and Withdrawal Guidance appeared on BitcoinEthereumNews.com. Zerolend announces closure of its lending protocol

Zerolend Founder Announces Protocol Wind‑Down and Withdrawal Guidance

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Zerolend announces closure of its lending protocol and urges users to withdraw assets while recovery efforts continue. Deadshot Ryker, founder of Zerolend, posted on Discord that after three years the protocol will wind down operations due to declining liquidity on several chains, loss of oracle support, increased malicious activity, and prolonged unprofitable operation; most markets […]

Source: https://news.bitcoin.com/zerolend-founder-announces-protocol-wind%E2%80%91down-and-withdrawal-guidance/

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