$KX The project team has fully left, and there is no market maker or dominant party controlling or trading the position.
Strictly speaking, it can’t be considered DAO autonomy; there is no formal governance mechanism. What’s happening now is simply that retail players are playing on their own—free trading—entirely based on everyone’s consensus. No one is responsible for maintaining the order book. The total on-chain trading volume in the market is 4.91 million, which is quite low. Price highs and lows depend on consensus; it’s completely normal for 1U to be 100U.
Strictly speaking, it can’t be considered DAO autonomy; there is no formal governance mechanism. What’s happening now is simply that retail players are playing on their own—free trading—entirely based on everyone’s consensus. No one is responsible for maintaining the order book. The total on-chain trading volume in the market is 4.91 million, which is quite low. Price highs and lows depend on consensus; it’s completely normal for 1U to be 100U.