您现在的位置是:DeFi platform SpiritSwap could cease operations soon >>正文
DeFi platform SpiritSwap could cease operations soon
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛47164人已围观
简介Fantom ecosystem DEX platform SpiritSwap is likely to shut its operations by early September.SpiritS...
- Fantom ecosystem DEX platform SpiritSwap is likely to shut its operations by early September.
- SpiritSwap’s troubles relate to the events that beleaguered crypto bridge Multichain.
- SPIRIT price was down 35% on Wednesday morning after the news.
SpiritSwap, a pioneering decentralised exchange (DEX) on Fantom, is on the verge of shutting down.
Market reaction to the news has seen the price of native token SPIRIT plummet by more than 35% in the past 24 hours. The token traded at around $0.0008 on Wednesday morning, down from highs of $0.0012.
“End of an era” for SpiritSwap
Per X user Fantom Ecologist, the team at the OG DeFi project on Fantom is hunting for a new team to keep the platform operations running. However, should this endeavour fail, SpiritSwap’s journey as a leading DEX protocol in the Fantom ecosystem will come to an end on September 1.
“End of an era as @Spirit_Swap calls it quits; the very first place I landed on #Fantom 828 days ago. They’re looking for a team to hand things to; otherwise operations will cease on September 1,” Fantom Ecologist wrote.
SpiritSwap launched in April 2021, and quickly grew into one of the most important DeFi protocols on Fantom. Users could easily swap and trade crypto, as well as earn passive income from their SPIRIT tokens.
The turn of events for the project follows the Multichain hack that left the team with virtually no funds to support daily operations. Multichain, a crypto bridge that hit the rocks when its CEO went missing and millions of dollars’ worth of funds mysteriously drained from its wallets, announced it was ceasing its operations last month.
SpiritSwap will reportedly provide a guide that will help users withdraw their SPIRIT dregs.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/39282.html
相关文章
Strike to allow users to buy BTC at almost zero fees
DeFi platform SpiritSwap could cease operations soonStrike CEO Jack Mallers says Coinbase and other providers are overcharging customers to advance &ldq...
阅读更多
IOTA is up by more than 8% on Monday and could rally higher
DeFi platform SpiritSwap could cease operations soonThe cryptocurrency market began the week poorly, but IOTA is performing excellently despite the bear...
阅读更多
Payment processor dumps Binance
DeFi platform SpiritSwap could cease operations soonCryptocurrency exchange Binance has been in a tough spot for the past few weeks and the woes continu...
阅读更多
热门文章
- 101Investing Review — The Ultimate Guide
- Algorand ALGO/USD is touted as a crypto to watch in the next bull cycle
- Chinese Bring Charges To Perpetrators Of PlusToken Scam
- Axelar Partners With LongHash Ventures to Launch Its First Global, Cross
- YFI/USD price spikes 22% to lead DeFi recovery ahead of LEND and MKR
- Elon Musk owns BTC, ETH, and DOGE