Tulip Protocol has halted lending features until On-Chain liquidity stabilizes

Tulip Protocol announced via Twitter that they had stopped lending deposits, new leveraged position creation, and whirlpool deposits, pending stabilization of on-chain liquidity. Tulip Protocol is the first Yield Aggregator to be running on the Solana Blockchain. The lending feature is one the main products of Tulip. Tulip Protocol is known for its lending feature, which is one of the three main products. To ensure that on-chain liquidity is stable, the system has stopped deposit operations, new leveraged position creation, and whirlpool deposits. Users can withdraw from lending/whirlpool strategies and close leverage positions. Users can still withdraw from lending/whirlpool strategy and close leverage positions. We encourage you to do your own research before investing.Join us to keep track of news: coincu.comTags: #tulipAlameda ResearchFTXOrcaSolana