DeFi Lending Project Yield Protocol to Wind Down by Year’s End

“We felt this decision was necessary because there is currently not sustainable demand for fixed-rate borrowing on Yield Protocol,” Yield said. “Additionally, the current regulatory environment in the U.S., combined with increasing regulatory requirements in Europe and the U.K., make it challenging for us to continue to support the Yield Protocol.”

Source

Spread the love

Related posts

Leave a Comment