Vertex Protocol Completes Final Shutdown Phase
Vertex Protocol Completes Final Shutdown Phase
🔌 Vertex's Last Dance
Vertex Protocol has completed its shutdown sequence, with all back-end services now fully deprecated. Users can no longer access the platform's front-end features.
Key updates:
- All user funds have been settled and distributed to connected wallets
- Platform shutdown process is now complete
- VRTX holders will receive INK airdrop (details pending)
The team is preparing to launch a new branded product. More information about the next phase will be announced soon.
Vertex shutdown sequence complete. Back-end services for Vertex web app fully deprecated; Users will be unable to access any features on the FE. Stay tuned for updates on: • INK airdrop for VRTX holders • Launch of our new branded product Next chapter starts soon!
Vertex Protocol Completes Final Shutdown Phase, Distributes All User Funds
**Vertex Protocol has completed Phase 4 of its shutdown sequence**, with all user funds successfully settled and distributed to connected wallets. The shutdown process occurred over multiple phases: - Phase 2 (July 10): Oracle prices frozen, reduce-only orders - Phase 3 (July 14): Force-closure of positions, repay-only borrows - Phase 4 (July 16-17): Final settlement and fund distribution *Trading, deposits, and withdrawals are now permanently disabled.* Trade history will remain accessible for four weeks. The team hints at future developments on Ink platform.
Sei Network Extends Season 7 Trading Rewards
Sei Network has announced an extension to their Season 7 trading rewards program, focusing exclusively on market makers. The extension begins this Wednesday with 700,000 SEI tokens allocated as rewards. Key points: - Rewards limited to market makers only - Available exclusively on Vertex protocol - Previous season offered 2.1M SEI tokens for both traders and market makers Market makers interested in participating can access the program through the Vertex protocol on Sei Network.
Cross-Chain Liquidity Panel Discussion Rescheduled
A panel discussion on cross-chain liquidity in crypto trading has been rescheduled to **March 26th at 12PM EST**. Featured speakers include representatives from: - Inception - Swaps.io - Flow Blockchain - Arcana Network The discussion will explore how cross-chain liquidity capabilities are transforming the cryptocurrency trading landscape. *Set your reminder to join this insightful conversation about the future of cross-chain trading.*