Wu Blockchain has learned that the Cardano ecosystem's decentralized trading and yield protocol, Genius Yield, is gradually ceasing operations. Co-founder Lars Brünjes stated on October 22 that to address the issue of users being unable to withdraw assets normally, an independent open-source tool called Genius Zero has been developed. This tool allows users to bypass Genius Yield's original backend servers and directly interact with Cardano smart contracts to unstake, cancel DEX orders, and withdraw assets. The original DEX transaction fees still flow to addresses controlled by Genius Yield, and adjusting the fee rate requires signatures from at least three of the four original founders. As of now, sufficient authorization has not been obtained. https://www.(wublock123.com)/news/cardano-defi-veteran-genius-yield-shuts-down-70485