PANews|Nov 15, 2026 00:09
[DeFi Platform Vestige to Cease Operations on December 31] The DeFi platform Vestige will cease operations on December 31, shutting down its main site, API, trading aggregator, and related services. Vestige stated that trading volume within the Algorand ecosystem has been insufficient to cover the costs of operating Vestige over the past year. The team postponed the shutdown as much as possible, but maintaining smooth service operation was costly and profitability had not been achieved for a long time. Assets in user wallets will not be affected, and assets deposited into the vault can still be accessed through the retained legacy frontend. Vestige will also destroy all remaining VEST tokens and VEST liquidity tokens held in its vault.
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