🚨𝐋𝐢𝐧𝐞𝐚𝐫 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐒𝐡𝐮𝐭𝐬 𝐃𝐨𝐰𝐧 𝐀𝐟𝐭𝐞𝐫 𝐁𝐢𝐧𝐚𝐧𝐜𝐞 𝐃𝐞𝐥𝐢𝐬𝐭𝐢𝐧𝐠
DeFi protocol #LinearFinance has officially ceased operations, citing financial struggles and unsustainable returns.
The Binance delisting of $LINA triggered a steep decline, wiping out nearly 70% of its value this week.
Another reminder of the risks in DeFi.