TechFlow news, on August 13, ETH infrastructure service provider Eden Network announced it is ceasing operations. The project will distribute 2,000 ETH from its reserve funds to EDEN token holders through a token exit program. The exit program will run until September 30, 2025, with an exchange rate of 1 EDEN = 0.00001506 ETH.
Eden Network was originally Archer DAO, founded in 2020, primarily providing Maximum Extractable Value (MEV) revenue services for ETH miners. After the ETH merge, the project transitioned into operating as an MEV-Boost relay operator but failed to sustain operations due to intensified market competition and rising operational costs.
The team has terminated all related services, including Eden RPC and Eden Bundles, and recommends users migrate to alternative services such as Flashbots. This exit program is only available to non-U.S. residents, and the team has burned all unissued tokens.
