PANews
PANews|Oct 15, 2026 06:46
[StandX AG Responds to Not Issuing Tokens: Unwilling to Pass Short-Term Speculation Costs to Users Without Achieving Top Three Industry Goal] StandX's AG responded to the decision not to issue tokens, stating that the project did not secure external VC funding. While its TVL once reached $200 million, it failed to achieve the goal of entering the top three perpetual contract DEXs. He emphasized that if long-term value cannot be delivered, relying solely on token issuance and short-term speculation for profit would pass the cost onto users and the community. Apart from the project's remaining funds, he will personally contribute to supplement the DUSD airdrop and has pledged an orderly shutdown. AG assured that user funds are secure and that DUSD is fully collateralized.
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