News list for " conduct governance"

Mango Markets is winding down operations starting tomorrow following a settlement with the SEC

Mango Markets, the Solana on-chain DEX, is winding down its operations after reaching a settlement with the SEC, conducting a governance vote and dealing with legal issues arising from the 2022 breach. Yesterday Mango Markets announced through its X account that it was "closing the platform, it is time for users to position squaring". The move follows the "adjustment of interest rates and collateral" requirement in the governance proposal to end lending exposure on the platform, which will take ...

clock
2025-01-12 12:46:28
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.