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CryptoWorld News: Over Foundation announced in a post that Over Protocol will enter a shutdown phase. Due to funding constraints, the foundation has stopped basic infrastructure and services such as Overwallet, Overnode, Overflex, RPC, the block explorer, and APIs, and does not plan to resume them. Over Protocol is a Layer 1 mainnet; although it is designed to be decentralized, after the foundation’s exit, on-chain block production will highly depend on whether independent validators continue running the client. The foundation cannot guarantee that the network can continue operating.