The leading decentralized finance (DeFi) platform in Algorand, Algofi, will suspend its services as the Algorand blockchain suffers deteriorate activity. Their latest blog post indicated that the protocol will launch withdrawal-only mode soon. Moreover, it indicated that Algofi has encounter challenges in ensuring high standars. “.. a confluence of events has taken place that no The post Algofi to shut down amid faded activity on Algorand (ALGO) blockchain appeared first on Invezz .
