IDRISS Shutting Down: Users Must Withdraw Funds by May 31

🔚 IDRISS winds down

By IDriss
Apr 9, 2026, 3:16 PM
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IDRISS is discontinuing operations after failing to find a viable path forward following last month's public call for ideas.​

Key Deadlines - May 31, 2026:

  • Users must withdraw funds or export wallets through the app interface
  • Token holders must claim locked tokens and accrued APR from the vault
  • After this date, only direct smart contract claims will be available

Next Steps:

  • DAO dissolution proposal will be posted on Discord forum
  • Further communication follows regular governance process

After four years of operation, the team thanks users, partners, and open source supporters.​

Sources

A follow-up update. Last month, we shared a public call for ideas to continue IDRISS, but none of the potential paths have materialized. We're grateful to all the people who reached out and offered support. Next steps: → If you're a user, withdraw your funds and/or export your

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