PsyFi will shut down all services on May 1st. Users need to withdraw funds before then.
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Planet Daily News: The Solana ecosystem financial tool product provider PsyFi (including PsyLend and Vaults) will close all front-end and back-end services and cease support on May 1, 2025. The platform is currently in withdrawal-only mode, and users need to withdraw all funds before this date to ensure asset recoverability. For those who wish to interact directly with smart contracts, the official team may share the contract address and IDL later.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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