Friend. Tech development team gives up contract control! FRIEND token plummets, Big Brother Maji's face turns green
Friend. Tech team relinquishes control
According to The Block, the SocialFi project Friend is based on the Base network The development team of Tech executed a function on the platform's smart contract earlier on September 8th, transferring its control to a null address on Ethereum, effectively locking the current system and preventing further changes. The team clarified in the announcement on X platform:
Currently, both smart contract and website revenue are no longer flowing to the multi signature addresses of the Friend. Tech development team
Although the platform appears to continue operating, it is almost impossible to deploy other new features as control has been revoked. Abandoning protocol control is one of the ways to achieve the vision of "decentralization" for mature protocols or applications, but for a protocol with weak user base and still room for improvement in protocol functionality, it will be considered as giving up the possibility of future project improvements. Therefore, after Friend. Tech announced this news, its token FRIEND fell more than 30% in the past 24 hours, and its market value fell below $6 million.
Big Brother Ma Ji, a giant whale on the list, suffered a tragic loss
Received a friend The most deeply hurt by Tech is undoubtedly Huang Licheng, the big brother of the holding chart giant whale Ma Ji. According to a previous report by Zombiet, as of mid August, Huang Licheng has spent 5211 ETH to purchase 11.16 million FRIEND tokens. Based on current market prices, these FRIEND tokens are only worth 278 ETH (approximately $640000), resulting in a loss of over $15 million. Additionally, due to insufficient liquidity, their actual market value will be even lower.
Friend. Tech Tides Rise and Fall
Friend. Tech was launched in August last year on the Layer 2 network base supported by Coinbase, with the endorsement of well-known venture capital Paradigm. The protocol quickly sparked discussions in the community. By September 15, 2023, the daily revenue of this protocol has exceeded that of Ethereum itself. However, after the initial boom (where the development team earned at least $20 million in protocol fees), trading activity on the platform began to plummet. According to The Block's data, since June, the protocol has only earned about $60000 in protocol fees.
(责任编辑:现货银)
- ·宁海县住房公积金查询
- ·Solana's second-generation mobile phone Seeker has exceeded 140000 pre orders and is expected to be launched in mid-2025
- ·STRK币最新价格 STRK币今日行情 STRK币最新消息
- ·全球虚拟货币交易平台排行_pi币期货交易所
- ·okex如何卖掉
- ·utc时间是什么-UTC时间是什么时间
- ·量子链ico价格
- ·Thumzup扩展加密支付能力支持USDC等稳定币
- ·Cardano 将于 5 月 27 日推出比特币 DeFi 集成,旨在促进 DeFi 增长
- ·哪个交易所usda-哪个交易所usdt最便宜
- · 欧易最新版本
- · okx交易所app官网
- · 欧亿交易所怎么样。
- · 易欧app官网下载
- · 虚拟货币交易平台有哪些
- · okx网页版
- · 虚拟货币交易平台排名
- · 数字货币交易app
- · 欧易交易所 电脑