Blur is going to “shut down its frontend,” but the on-chain protocol won’t stop running. There are a few points in this news that are easy to misread—here’s a clear breakdown.
1. What’s being deprecated on November 12 is only the Blur frontend interface. The marketplace protocol will continue to run on-chain, and the $BLUR token will still control the fee switch. This does not mean the project is shutting down.
2. On the same day, the NFT lending protocol Blend will stop matching new loans. Borrowers need to repay their loans before the deadline; otherwise, the loans will enter the default process. After that, Blur will provide dedicated frontend tools to help users withdraw assets from Blend.
3. Users with active Blend loan positions or listings are advised to check them in advance: repay on time, cancel listings, and withdraw collateral. Don’t leave everything until the last day, to avoid unexpected issues caused by on-chain congestion.
The frontend can close, but on-chain positions won’t disappear on their own. For NFT lending users, this is more like a shift to “self-service”: once the interface is gone, users will take on even more responsibility for managing their positions.
#Blur #NFT #Blend
1. What’s being deprecated on November 12 is only the Blur frontend interface. The marketplace protocol will continue to run on-chain, and the $BLUR token will still control the fee switch. This does not mean the project is shutting down.
2. On the same day, the NFT lending protocol Blend will stop matching new loans. Borrowers need to repay their loans before the deadline; otherwise, the loans will enter the default process. After that, Blur will provide dedicated frontend tools to help users withdraw assets from Blend.
3. Users with active Blend loan positions or listings are advised to check them in advance: repay on time, cancel listings, and withdraw collateral. Don’t leave everything until the last day, to avoid unexpected issues caused by on-chain congestion.
The frontend can close, but on-chain positions won’t disappear on their own. For NFT lending users, this is more like a shift to “self-service”: once the interface is gone, users will take on even more responsibility for managing their positions.
#Blur #NFT #Blend