TechFlow News — According to an official announcement, the EGL team has declared the termination of the EGL project. The team stated that after nearly two years of design, modeling, implementation, deployment, testing, and management, ending the EGL project and returning all staked ETH is in the best interest of the community, as "many members of the community strongly believe that using a token to govern ETH itself is fundamentally flawed."
Notably, EGL was a public sale project on CoinList in 2021.




