psyfi

ChainCatcher news, according to official news from PsyFi, a financial tool provider in the Solana ecosystem, PsyFi (including PsyLend and Vaults) will shut down all front-end and back-end services and stop platform support on May 1, 2025. The platform has currently entered a mode that only supports withdrawals, and the official reminds users to complete fund withdrawals before this date to ensure asset safety.In addition, PsyFi stated that it may share contract addresses and IDL in the future for users who need to interact directly with the smart contracts.

ChainCatcher message, the decentralized options infrastructure PsyFi posted on X, asking users to withdraw assets from all PsyFi products before June 30 to avoid any potential issues thereafter.

ChainCatcher news, Solana ecosystem financial tool provider PsyFi announced the acquisition of the risk-return protocol Katana on Solana, with the specific acquisition amount undisclosed. It is reported that this acquisition is one of the largest in the Solana DeFi ecosystem to date. According to the agreement, PsyFi will acquire all IP of the Katana protocol, expanding the list of yield products it offers to users.PsyFi has created a set of financial tools and products that allow users to customize investment strategies based on their risk/return preferences. It also offers a wide range of automated trading strategies, eliminating the hassle of managing positions while optimizing investor returns. (PR Newswire)