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DeFi platform Dango will terminate the project, pause trading on July 29, and shut down the blockchain network on August 13.
PANews July 25, Dango, a DeFi platform, announced the termination of the project and will stop trading on July 29. Remaining positions will be closed at oracle prices. The Dango L1 blockchain will cease operations on August 13, at which point any unwithdrawn deposits will be returned to users’ deposit addresses on Ethereum. The official advises users to close positions and withdraw assets as soon as possible.