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Category Algofi

MainNewsAlgofi
Algorand’s Biggest DeFi Project AlgoFi Set To Shut Down

Algorand’s Biggest DeFi Project AlgoFi Set To Shut Down

Algorand’s largest DeFi protocol, Algofi, has announced it will be shutting down in the coming months. According to a blog post by Algofi, the deci...
What Led To Algofi’s Shutdown? A Look Into The Largest DeFi Protocol’s Demise

What Led To Algofi’s Shutdown? A Look Into The Largest DeFi Protocol’s Demise

Algofi, the largest DeFi protocol in Algorand, will shut down due to the inability to maintain standards. Collateral factors of lending will be red...
Algorand’s largest DeFi protocol Algofi to shut operations

Algorand’s largest DeFi protocol Algofi to shut operations

Algorand’s (ALGO) largest decentralized finance protocol, Algofi, will wind down because current events have made its continued operations non-viab...