Sabitlenmiş Tweet
After over two years of building and operating the protocol, After over two years of building and operating the protocol, Lendle.xyz will be wound down.
Our goal has always been to provide solid and safe Lending & Borrowing infrastructure and we managed to uphold that goal successfully for nearly three years. Now, this task is accomplished by numerous other protocols doing a great job. We feel that we leave the ecosystem in good hands.
Sunsetting the protocol was not an easy decision, but in its current state the protocol cannot be maintained properly and we are confident this is the right thing to do.
— WIND DOWN PROCESS —
MARKETS
Please remove any assets from the protocol or liquidity from the pairs.
The markets will be frozen in 24hrs and remain frozen until the UI goes offline. After that the borrow rates will be increased every week to force liquidations.
The Lendle UI will go offline on 1st of July 2026.
TOKEN HOLDERS
A snapshot of LEND token holdings has been made at blocknumber 94021183 and any protocol owned liquidity has been removed.
LEND holders will be able to redeem their tokens for Lendle owned treasury assets.
A detailed plan for this final redemption will be communicated at a later point in time.
— CLOSING STATEMENT —
Building Lendle has been an amazing journey for the full team.
We want to thank everyone that has worked with us and used the protocol, partners, LPs, Community, Contributors and Degens alike. Without users there is no protocol.
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