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Web3 product 0xPPL, which focuses on the positioning of "on-chain super applications," announced after 4 years of operation that it will gradually shut down its services. 0xPPL will disable trading functions on June 6 and completely shut down the app on June 30. The official reminder to users is to export their private keys or transfer all wallet funds before shutdown to ensure continued access to assets and to guarantee user fund security. 0xPPL stated that it originally aimed to build an on-chain super application, but the market it bet on did not arrive within the required timeframe, so it chose to "cleanly shut down" while still being able to properly handle relationships with users, teams, and investors.