ALPACA Crashes 30% as Alpaca Finance Pulls the Plug After Four Years
Another DeFi project bites the dust—Alpaca Finance officially starts winding down operations, triggering a 30% nosedive for its token. Four years of ’yield farming innovation’ culminates in an exit strategy that leaves holders holding the bag.
When the alpacas leave the pasture, they don’t look back. The team cites ’market conditions’—code for ’we’re out of juice and VC money.’ Classic DeFi lifecycle: hype, exploit, slow bleed, ghost town.
Pro tip for degens: Maybe don’t name your financial protocol after an animal known for spitting.