Solana-based decentralized finance yield protocol Carrot announced on April 30 that it is shutting down permanently. This makes it one of the first DeFi protocols to collapse as a direct consequence ...

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Carrot's total value locked has collapsed 93% in a month, from $28 million to $1.99 million, leaving the protocol financially unable to continue. Solana-based decentralized finance yield protocol ...

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