Solana Ecosystem DeFi Protocol Carrot to Shut Down, May 14th Deadline for Remaining Fund Withdrawals

Odaily星球日报讯 Solana ecosystem DeFi protocol Carrot has announced that due to the impact of the Drift vulnerability incident, its ongoing operations have been severely affected, and Carrot will be shutting down.

May 14th is the deadline for withdrawing remaining funds from Boost, Turbo, and CRT. After this date, the system will begin deleveraging, reducing all leverage to zero to release full liquidity for CRT redemptions.