According to Odaily Planet Daily, DeFiFllama data shows that Marginfi's total locked value (TVL) has dropped to US$394.39 million, a drop of nearly 50% on the 7th. Edgar Pavlovsky, founder of Marginfi, announced on the social platform that he has resigned from Marginfi and will no longer hold any related positions. He said that although Marginfi is a world-class team, he cannot agree with the way the team does things. He hopes to devote his energy to work that he believes is important to society. Although his financial situation has been poor and his personal income has almost returned to zero, he does not really care about tokens, money or anything else. At present, he has no clear plan for the next step.