Terminal @Terminal_fi officially announced: Project launch failed, operations halted.
To be honest, I feel quite emotional about this!
I have collaborated with them before, so I have some understanding of the team.
From the results, they indeed couldn't take this path to the end;
But from the process, they have done quite well, including early communication, asset liquidation, and open-sourcing the agreement. They have explained everything that needed to be explained.
User funds can also be withdrawn normally, and all staking rewards have been distributed as expected.
Achieving this at this stage is actually not easy.
To say something unpleasant, with their current TVL, if they were to act irresponsibly and just issue a token to cash out, it wouldn't be unheard of.
But they didn't do that, which is already much more responsible than many projects.
The outcome of Terminal is just a microcosm of this cycle; I hope the team can find a new direction in the future!
In the industry's winter, leaving gracefully is already a form of courage.

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