SushiSwap to shut lending protocol Kashi and token launchpad Miso

The DeFi protocol SushiSwap has announced that it is shutting down its lending protocol Kashi, and its token launchpad, Miso.

Matthew Lilley, SushiSwap CTO, stated that Kashi had several issues, including several design flaws, a lack of resources, and considerable losses. However, in the larger picture, the team had to prioritize and improve their most prominent offering, the SushiSwap DEX.