Home Market Solana-Based DeFi Project Friktion’s Shutdown Said to Stem Partly From Founder Disagreement

Solana-Based DeFi Project Friktion’s Shutdown Said to Stem Partly From Founder Disagreement

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Solana-Based DeFi Project Friktion’s Shutdown Said to Stem Partly From Founder Disagreement

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Friktion Labs, a crypto startup that builds high-yielding structured products for decentralized finance (DeFi) traders on the Solana blockchain, said late Thursday that it was shutting down its user platform, citing the challenging “economics” of the current market climate.

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