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

Odaily Planet Daily News: Solana ecosystem DeFi protocol Carrot announced that, impacted by the Drift vulnerability incident, its continued 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 that, the system will begin deleveraging, reducing all leverage to zero in order to release all liquidity for CRT redemptions.