TechFlow reports that on May 13, Legend, an on-chain financial application, announced it will gradually wind down operations. The Legend app will remain fully functional for the next 60 days and will officially shut down on July 12. Users must withdraw all funds from the platform before service termination. Legend stated that although the product has attracted a certain user base, it has not grown to a scale sufficient to support the company’s long-term sustainable operations. New user registrations are now closed. During the transition period leading up to shutdown, the platform will send email reminders and push notifications weekly to users who still hold balances. After shutdown, related documentation will remain accessible at legend.xyz/sunset for 60 days.
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