Terra-based yield aggregator Apollo DAO announced that it will be closing vaults on Terra Classic. Since the collapse of Terra, Apollo has continued to maintain its LP vaults on Terra Classic, however due to the low return and high level of required maintenance it no longer makes sense to support the Terra Classic network. All users of Apollo on Terra Classic are urged to withdraw all funds ahead of the introduction of the Terra Tax. In the future, Apollo will be focusing on the release of its Liquid Staking and Apollo Safe on a variety of Cosmos chains.
