TechFlow news, March 6 — According to its official Medium, DEFI quant hedge fund FQRCEDAO has announced its dissolution and liquidation. It stated, "ForceDAO has never truly recovered since being exploited via a vulnerability. Although our team seriously intended and hoped to turn this project around, a flaw that initially seemed like a mere stumbling block has turned into an immovable boulder. We are formally ending ForceDAO operations. We advise any users who still have investments in the vaults to withdraw any remaining funds." ForceDAO launched on the Gitcoin platform, and its received GTC airdrop will be distributed to users and supporters significantly impacted by the project's failure, including Gitcoin donors and holders of Force tokens (with a minimum investment of $120) who purchased and held the token in their on-chain accounts prior to December 28, 2021.
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