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TechFlow News: On April 1, UX Chain announced via its official X account (@ux_xyz) that it has initiated a shutdown plan. Users are required to close all open positions before the platform’s full liquidation begins on April 30. The protocol is expected to shut down completely by May 15. UX’s reserve and treasury funds will be used to cover the protocol’s funding shortfall; specific details will be published on the UX governance forum.
According to an announcement from UX Chain’s official X account (@ux_xyz), the UX Chain platform has announced the initiation of its shutdown plan, requiring users to close all open positions before the platform’s full liquidation begins on April 30. The protocol is expected to shut down completely by May 15. UX reserves and treasury funds will be used to cover the protocol’s funding shortfall, with specific details to be published on the UX Governance Forum.
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