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@ CoinDesk - by layer3.news
2025-05-27 08:35:31
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✍️ Alpaca Finance, a prominent DeFi protocol, will shut down operations by the end of 2025 due to an unsustainable business model.
👉 Alpaca Finance will shut down operations by the end of 2025
👉 The protocol has been operating at a loss for over two years
👉 ALPACA, the project's token, was delisted by Binance
👉 The delisting severely restricted liquidity and user access to the token
👉 The protocol explored merger and acquisition discussions, but was unable to secure new initiatives or partnerships
#BNBChain #technology
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