Wu Shuo has learned that the decentralized finance platform Synthetix has announced a full migration to the Ethereum mainnet, with deployments on Arbitrum and Base scheduled to be completely shut down by July 7: The Base LP vault stopped accepting new deposits on June 12, and from June 30, leveraged tokens and Perps contracts will enter redemption/closure mode, with unclaimed funds upon expiration automatically refunded; its Arbitrum deployment has already been deactivated, and users are required to liquidate and withdraw collateral assets within six months.

 HMX

Wu Shuo has learned that the decentralized finance platform Synthetix announced a full migration to the Ethereum mainnet, with deployments on Arbitrum and Base to be completely shut down before July 7: the Base LP vault stopped accepting new deposits on June 12, and from June 30, leveraged tokens and Perps contracts will enter redemption/closing mode, with unwithdrawn funds automatically returned upon expiration; its Arbitrum deployment has already been deactivated, requiring users to liquidate and withdraw collateral assets within six months.

Synthetix Announces Shutdown of Arbitrum and Base Services, Fully Migrates to Ethereum Mainnet