Swell, an Ethereum liquid staking protocol, is shutting down its Swellchain L2 after enabling users to bridge assets off by June 23. The project warned that funds left on the chain after the deadline may be unrecoverable, highlighting the risk when DeFi projects move on. https://cryptoslate.com/swellchain-shutdown-users-left-behind-when-crypto-projects-move-on/ #Web3 #Blockchain #DeFi
Latest bear market victim shows how quickly DeFi users are left behind when crypto projects move on

Swell warned users to bridge out by June 23, turning a planned L2 shutdown into a test of user exit procedures.

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