The asset management protocol Magnety on StarkNet announced the suspension of operations

2022-09-11 23:10:01
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Chain Catcher news, the asset management protocol Magnety based on StarkNet announced the suspension of operations. Magnety explained that on-chain asset management is very complex and involves many legal issues, thus requiring a significant amount of legal fees. All investors have been refunded, and the code has also been made public. In June of this year, Magnety launched its testnet.

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