Algorand's largest DEX Pact core contributor, Dojo Dujoor, will resign.
According to BlockBeats news on September 3rd, DL News reported that Dojo Dujoor, the core contributor to Pact, the largest DEX project in the Algorand ecosystem, announced his resignation on Discord and expressed concerns about the future of the Algorand chain's DeFi ecosystem. He stated that he was unable to obtain additional investment to extend the project's development cycle, and that investors believed that any native project on the Algorand chain "is currently not investable." Previously, Algofi, the largest DeFi protocol in the Algorand ecosystem, had announced that it would cease operations.