Odaily reports that Omnity Network has announced it will gradually cease project operations due to depleted operating funds. Its Bitcoin DeFi products, RichSwap and Satsman, will shut down within the next 30 days. The team has reminded RichSwap liquidity providers to withdraw their liquidity as soon as possible and will upgrade the smart contract to remove existing lock-up restrictions, enabling users to withdraw funds without limitations. A detailed operational timeline and liquidity withdrawal guide will be announced soon. During the transition period, support channels will remain open for 30 days to assist users with related operations. Core team members will continue to support the Bitcoin ecosystem and plan to participate in related development through individual efforts and developer collaboration organizations.
Ceasing Operations: Omnity Network's Bitcoin DeFi Products to Shut Down Within 30 Days
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