TechFlow news, on August 26, Eclipse Labs announced a strategic shift after its TGE, focusing efforts on developing breakthrough applications based on its L2 infrastructure. Meanwhile, sydney will take over as CEO, with former CEO Litquidity stepping down voluntarily. In addition, to align with the new strategy, Eclipse has reduced its workforce by 65% to enhance operational flexibility. Since its TGE in mid-July, the Eclipse ES token has dropped more than 60%.
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