Solana ecosystem DeFi protocol Carrot announces closure

According to official sources, the Solana ecosystem DeFi protocol Carrot announced its closure due to the impact of the Drift vulnerability incident. Carrot has set May 14 as the deadline to withdraw funds from Boost, Turbo, and CRT, after which the system will undergo deleveraging and liquidity will be released for CRT redemption. Carrot stated that recouped funds from Drift will still be distributed as promised, but there is currently no specific timetable.