DeFi· ★★· bearish·

Bitcoin DeFi project Omnity Network shuts down as funding runs out

  • —Omnity Network is shutting down after exhausting operating funds
  • —RichSwap and Satsman will cease operations within 30 days
  • —RichSwap liquidity providers are urged to withdraw their funds
  • —Smart contracts will be upgraded to remove withdrawal restrictions
Why it matters: Another Bitcoin-ecosystem DeFi project is closing, giving users a narrow window to pull liquidity before products go offline.
Source: ChainCatcher 链捕手