The Terra yield aggregator Apollo will close its Terra Classic vault

2022-09-14 10:13:27
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Chain Catcher news, Terra yield aggregator Apollo announced that it will close its Terra Classic vault. Apollo stated that since the collapse of Terra, the return rates have been low and the required maintenance level has been high, making support for the Terra Classic network no longer meaningful. Apollo urged all Apollo users on Terra Classic to withdraw all funds before the introduction of Terra Tax, and Apollo will introduce a "Withdraw All" button to simplify the process. In the future, Apollo will focus on launching liquid staking and Apollo Safe on various Cosmos chains. (Source link)

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