Dango declared out of operation: trading suspended on 29 July and the L1 network closed on 13 August

On 25 July, the DeFi platform Dango announced that the project would be closed and the team stated that, despite best efforts, a viable path to long-term commercial success could not be found for many reasons. Dango stated that the user funds were secure and that the liquidity restrictions would be lifted in the short term and suggested that the user should settle and withdraw the funds as soon as possible. At the same time, users are reminded of the slide point risk, as liquidity is expected to decline. At 12 noon on 29 July, UTC: the platform stopped trading, the remaining warehouse positions would be settled at a predictor price, the DLP Vault deposits would be unlocked and all funds would be returned to the user ' s spot account in the form of USDC. • August 13, 12 noon UTC: Dango L1 block chain ceased to operate and undiscovered funds will be returned to the user's deposit address at the Etheraf。