DeFi platform Zaros has decided to cease operations.

In a statement, DeFi platform Zaros announced its decision to halt operations after careful consideration, adding, "Over the past five months, we have gone all out, exploring every viable path, including transformation, extending the funding runway, and evaluating strategic options. Despite the team's tremendous efforts, we no longer have the funds to continue advancing the project."

Dear community,

Today, we share a difficult update regarding Zaros. After exhaustive efforts and thorough consideration, the decision has been made to wind down operations.

This was not a decision made lightly. Over the past five months, we have worked tirelessly, exploring every viable path to pivot, extend runway, and assess strategic options. Despite the incredible efforts of our team, we’ve run out of money to continue the project.

We faced two critical challenges:

1 - Launching the product all at once instead of modules.
Our system was built around a unique, tailored architecture that couldn't plug into existing liquidity sources. This slowed down our timeline and proved too ambitious given our constraints.

2 - The timing of the $ZRS token launch.
We issued ZRS in anticipation of a near-term product launch. When delays happened, having a liquid token became a burden—it limited our funding options and created pressure we couldn’t resolve.

Ultimately, with current market conditions, and ZRS’s FDV, raising new capital sustainably is no longer possible.

As it can be independently verified onchain via Sablier streams, it’s important to note that neither of the co-founders have ever sold ANY ZRS tokens.

We want to express our deepest gratitude for your trust, and belief in our mission. Our community’s support allowed us to chase an ambitious vision and we are deeply saddened that we couldn’t bring it to fruition.

— With appreciation,

The Zaros Team