Loss-making DeFi lender ZeroLend to shut down after 98% TVL drop
• ZeroLend will wind down after operating losses as TVL fell 98% to $6.6 million and the ZERO token plunged.
Zerolend
DeFi protocol ZeroLend shuts down after three years, citing inactive chains and hacks
• DeFi protocol ZeroLend shuts down after three years, citing inactive chains and hacks The protocol is shutting down after three years, citing unsustainable economics, thin margin
DeFi lender ZeroLend shuts down, blames illiquid chains
• DeFi lender ZeroLend shuts down, blames illiquid chains ZeroLend founder ‘Ryker’ says several blockchains the lending protocol operates on are now ‘inactive,’ leading to periods