Cardano Lending Platform Levvy to Retire in Late July, Urges Users to Move Assets

Levvy, a Cardano ecosystem lending platform, said it will officially retire in late July this year and urged users to take action before the shutdown date. According to Foresight News, Levvy told community members to transfer all assets and repay any outstanding loans before the retirement takes effect. The announcement follows Levvy’s statement in May that it planned to sell the protocol.