Sunsetting Sense and Releasing it into the Ether

After 18 months of operation, we’ve made the decision to sunset the Sense Protocol and open-source the UI for community use.

The Sense Core team will cease contributions to the current and future versions of the Sense Protocol. Despite our enduring belief in fixed income, the current DeFi market landscape lacks the consistent demand for fixed rates essential for robust market development.

We encourage users to withdraw any remaining funds via the existing app.sense.finance interface by December 1, 2023. Following that date, Sense Finance will relinquish hosting the interface and open-source the code for external, community use. Users entitled to $MORPHO token rewards can claim their share up to Age 7 (Oct 4th) on a dedicated interface when they become transferrable by Morpho Governance.

We understand this could be disruptive, so we’re committed to ensuring a seamless transition. Our team will be available via X and Discord to assist and answer any questions.

A big thank you to all who showed support and joined us for the ride! We’ve enjoyed building Sense and hope to leave a lasting contribution to the DeFi fixed-income space.

What’s next?

Looking ahead and using everything we’ve learned at Sense, we’re excited to share that we’ve begun the development of a new protocol!

With months of building in stealth, we’re on the cusp of unveiling the details. Stay connected by following our CEO on X (Twitter) for real-time updates and be among the first to know what’s next on our horizon.

Sense Team