Monday, March 27, 2023

Solana DeFi project Friktion shuts down its user platform By Cointelegraph


decentralized finance (DeFi) platform Friktion is shutting down its user interface and urging clients to withdraw their belongings from the protocol, in accordance to a press release on Jan. 26.

The project’s web site will now not ship the identical companies, working in a withdrawal-only mode for all Volts and making deposits unavailable. Friktion’s Volts are structured merchandise for DeFi investments that enable buyers to earn a share of the income of funding swimming pools, in keeping with the corporate’s web page.

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