BREAKING 🚨
Pudgy Penguins' parent, Igloo Inc., announces the shutdown of its Abstract Ethereum Layer‑2 blockchain 🔥.
The network will cease operations on Dec 15 after failing to attract DeFi volume, liquidity, and institutional interest. A tight budget and thin market participation rendered the chain unsustainable 📉. Users must bridge assets before the deadline or lose access.
Stay tuned for updates.
$MET, $W, $MET
Pudgy Penguins' parent, Igloo Inc., announces the shutdown of its Abstract Ethereum Layer‑2 blockchain 🔥.
The network will cease operations on Dec 15 after failing to attract DeFi volume, liquidity, and institutional interest. A tight budget and thin market participation rendered the chain unsustainable 📉. Users must bridge assets before the deadline or lose access.
Stay tuned for updates.
$MET, $W, $MET