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Cosmos Ecosystem UX Chain will gradually suspend operations and is expected to be fully shut down before May 15.
Mars Finance news. On April 1, the Cosmos ecosystem lending blockchain UX Chain officially stated that it will gradually suspend operations. Users must clear any outstanding positions before the full-platform liquidation process begins on April 30. The protocol is expected to be completely shut down before May 15. UX reserves and the treasury will be used to cover the protocol’s funding shortfall.