Blockchain Report on Nostr: Cosmos-based lending protocol UX Chain has announced it will gradually suspend ...
Cosmos-based lending protocol UX Chain has announced it will gradually suspend operations. Users are required to close all open positions before a full platform liquidation process begins on April 30. The protocol is expected to cease operations entirely by May 15. UX Chain's reserves and treasury will be utilized to address any funding shortfalls within the protocol.
#crypto #blockchain #news
Published at
2026-04-01 03:27:45 UTCEvent JSON
{
"id": "5949e63509b3724783358b4a29b85c4d030eb9210efb15c0da2154b334dccd4d",
"pubkey": "c215990326b98e7fff0ccbc865c159332802d9fd39ffa281ec0f8949bd2a3113",
"created_at": 1775014065,
"kind": 1,
"tags": [],
"content": "Cosmos-based lending protocol UX Chain has announced it will gradually suspend operations. Users are required to close all open positions before a full platform liquidation process begins on April 30. The protocol is expected to cease operations entirely by May 15. UX Chain's reserves and treasury will be utilized to address any funding shortfalls within the protocol.\n\n#crypto #blockchain #news ",
"sig": "6b4a82d267f39ef29524a922d72f459a0cf73c006a1366b14d8c8da9c2170e97c7fad91e962dcc48073851093c1aa6c9aa59d4c25de8ffad1a901091f6d6bc9b"
}