Decentralized Derivatives Platform Dango to Shut Down, Halt Trading From July 29
Uk Jin
Summary
- Decentralized derivatives trading platform Dango said it will shut down the project.
- Dango said it will halt trading from July 29 and end blockchain operations on Aug. 13.
- Dango urged users to close positions and withdraw funds, adding that it plans to lift withdrawal restrictions soon.
Forecast Trend Report by Period
Decentralized derivatives trading platform Dango is shutting down.
Dango wrote on X on July 25 that it had decided to end the project after failing to find a realistic and sustainable path forward despite its best efforts. Trading on the platform will stop from July 29, and operations of the Dango blockchain will end on Aug. 13.
The company urged users to close their positions and withdraw funds. It added that user assets are being kept safe and that withdrawal restrictions will be lifted soon.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.