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4776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/926925.html
相关文章
After a decade of R&D, 'Snakehead' UUV program now canceled
DeFi platform SpiritSwap could cease operations soonBy subscribing, you agree to our Terms of Use and Policies You may unsubscribe at any time.According...
阅读更多
New York banking authorities shut down crypto
DeFi platform SpiritSwap could cease operations soonKey takeawaysCrypto-friendly bank Signature Bank has been shut down by New York Banking authorities....
阅读更多
Gaming Platform Azarus to list on Uniswap
DeFi platform SpiritSwap could cease operations soonSan Francisco, USA, 13th December, 2022, ChainwireAzaruswill be hosting a keynote stream in partners...
阅读更多
热门文章
- Ethereum's daily transaction fees hit $17.1 million as DeFi activity keeps surging
- Terra and FTX collapse showed that the crypto industry has not fully established: CoinsPaid CEO
- BNB/USD jumps 7% as Binance lists new DeFi tokens
- EUL token down 52% after the $200 million Euler protocol exploit
- Tether To Replace Ethereum As Number Two Highest Market Cap
- Should you buy KAVA after its integration with Axelar?
最新文章
Arbitrum’s ARB token lists on several exchanges as Airdrop goes live
Ether could end the week above $1,300 as the bullish sentiment increases
China's 'artificial sun' sets new world record by running for 403 seconds
BitCard® and Blackhawk Network (BHN) to Offer Bitcoin Gift Cards at Select U.S. Retailers
Chinese company claims to launch AI model better than ChatGPT by October
Revolutionizing the NFTs