DeFiFllama data shows that Marginfi TVL has dropped to $394.39 million, a drop of nearly 50% on the 7th.
Earlier, Edgar Pavlovsky, founder of the Olana Ecosystem Margin Agreement Marginfi, posted on the X platform that he had resigned from Marginfi, resigned from the research department, and no longer engaged in all these jobs.
Edgar pointed out that Marginfi is a world-class team, but he disagrees with the way things are done inside or outside the team. Edgar expressed his hope to devote his energy to work that he believes is important to society. Lawyers are still resolving the issue (of the founder leaving the team), but Edgar has told everyone involved that he doesn't really care about tokens, money, or anything else. Even though his recent financial situation has been poor and his personal income has almost returned to zero. However, Edgar has no plans for the next step yet.