Yield Farming Protocol Tesseract to Shutdown by the End of the Year

Yield farming protocol Tesseract announced that it will be closed by the end of the year. The team said that they spent a good part of the last few months discussing, but were ultimately unable to find a sustainable long-term solution for Tesseract. Next, the team will deleverage all vaults, turn off all fees and slowly wrap up the technical tasks in the background, preparing for a full shutdown by the end of the year. The front-end and contracts will remain operational until all funds are withdrawn.