DeFi protocol DeltaDeFi said it has suspended all operations effective immediately because it lacks operating funds, according to an official announcement cited by ChainCatcher. The protocol also stopped development and maintenance work at the same time. DeltaDeFi said its team is reviewing possible next steps. It also stated that user funds will be returned, subject to meeting the minimum UTXO requirement. The announcement did not provide additional details on the timetable or the specific follow-up plan.
DeFi protocol DeltaDeFi has suspended all operations effective immediately because of a lack of operating funds, according to an official announcement cited by ChainCatcher.
The project said development and maintenance work has also been halted. DeltaDeFi added that the team is evaluating next steps and said user funds will be returned as long as the minimum UTXO requirement is met.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
