DeFi Landing Protocol Yield is Shut Down After December 2023
DeFi lending protocol Yield Protocol has decided to cease its operations by the end of 2023 due to lack of business demand and global regulatory pressure
In its announcement detailing the wind-down operation, Yield Protocol confirmed that its March 2024 fixed rate series launch had been cancelled
According to the information, adverse crypto regulations in USA, Europe, and UK are also one of the reasons due to which Yield Protocol is being closed