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Marginfi TVL dropped to $394 million, a 50% drop in 7 days

Marginfi TVL dropped to $394 million, a 50% drop in 7 days

CointimeCointime2024/04/17 05:31
By:Cointime

According to DeFiFllama data, Marginfi TVL has dropped to $394.39 million, a nearly 50% decline in 7 days.

Earlier, Edgar Pavlovsky, the founder of the Olana ecological margin agreement Marginfi, wrote on the X platform that he had resigned from Marginfi's work, resigned from the research department, and no longer engaged in all these work.

Edgar pointed out that Marginfi is a world-class team, but he cannot agree with the way the team works internally or externally. Edgar said he hopes to focus his energy on work he considers important to society. Currently, lawyers are still resolving (founder's departure) issues, but Edgar has told all relevant personnel that he does not really care about tokens, money, or anything else. Even though his recent financial situation has been poor, his personal income has almost returned to zero. However, Edgar has no plans for the next step yet.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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