The platform said it is closing after struggling with sustainability, ending its effort to let users manage decentralized finance (blockchain-based financial services) activity in one app.
Legend, a DeFi (decentralized finance) superapp, announced it is shutting down because of sustainability issues. The platform was designed to make decentralized finance easier to use by allowing people to manage crypto activity through a single app instead of relying on multiple wallets and services. According to the provided information, the app did attract a user base, but no further operational details, timeline, or financial figures were disclosed.