Angle Protocol (EURA)

Over 25 protocols have shut down this year.

These protocols span across DeFi, wallets, NFT marketplaces, exchanges, gaming, infrastructure, and DAO governance tools.

This is the full list of these protocols 👇
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➢ DeFi

> @milky_way_zone is a Cosmos liquid staking protocol. Shut down due to financial pressure and low market demand.

> @PolynomialFi is an L2 derivatives trading protocol. Closed after prolonged product viability and liquidity failures.

> @zerolendxyz is a lending platform. It shut down after a 98% TVL collapse and full ecosystem deterioration.

> @SlingshotCrypto is a DEX aggregator. Wound down despite raising $18.1M from top-tier VCs.

> @AngleProtocol is a stablecoin protocol (EURA, USDA). Shut by community vote after years of declining interest.

> @Balancer is an automated market maker and DEX. it is shutting down and transitioning to a DAO model, this is due to legal exposure from past exploits.

> @DeFiCarrot is a solana yield protocol that collapsed Apr 30 as colla

A shame that @AngleProtocol gave up on $EURA just as Euro stablecoin are picking up. They could have been the @SkyEcosystem of EUR.

But likely EURS is coming from @SkyEcosystem anyway.