TechFlow news, August 26 — According to Eclipse Labs' official X account, the project has announced an organizational restructuring. Sydney (@0xSydney) will succeed the departing Litquidity (@0xLitquidity) as CEO. In alignment with its new strategy, Eclipse Labs has reduced its workforce by 65%. Following this adjustment, the project will focus on building applications atop its Layer 2 network infrastructure.
Eclipse Labs stated that its mission to bring Web2-scale applications on-chain remains unchanged, and it will continue advancing the project together with the community, token holders, and stakeholders.
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