Solana (SOL)-based decentralized finance (DeFi) platform Everlend Finance said it will shut down and users should withdraw their assets as soon as possible.
Image posted by Everlend Finance on February 1st in the announcement, It has been announced that the platform has ceased its activities due to existing liquidity problems. Parallel to the announcement, only withdrawals are available on the platform, while all remaining functions are available. out of order left. The team asks users to “spend their money”as soon as possible“He warned them to pull.
Requesting users to withdraw their assets, the team will continue to keep the platform active until all withdrawals are made. According to the plan presented by the team, all withdrawals within two weeks expected to happen.
During this liquidity crisis continuing activities would be a gamble. On the other hand, the team stating that the project source codes announced that it would make it completely open for everyone to benefit from.
The Everlend codebase will be made open source. So everyone can use what we created and keep working on it.
At the beginning of last month, another Solana-based DeFi platform decided to shut down.