According to Wu, the decentralized finance platform Synthetix has announced a full migration to the Ethereum Mainnet, with deployments on Arbitrum and Base set to be shut down by July 7th: New deposits into the Base LP vault were closed on June 12th, and from June 30th, leveraged tokens and Perps contracts will enter redemption / Close Position mode, with any unwithdrawn funds by the expiration date being automatically returned; previously, its Arbitrum had been disabled, and users need to liquidate and withdraw collateral assets within 6 months.

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