Andre Cronje: The MULTI withdrawn from Fantom has not been sold yet, waiting for Multichain to announce that liquidity will be provided again

2023-05-25 20:25:23
Collection

ChainCatcher news, Fantom founder Andre Cronje responded to The Block regarding "the Fantom Foundation's withdrawal of approximately 450,000 MULTI liquidity from SushiSwap yesterday," stating that the foundation withdrew funds from SushiSwap's liquidity pool out of caution regarding the multichain situation.

He said, "Providing liquidity makes no sense in uncertain times. The assets are currently unsold in the wallet, and once Multichain is able to make a statement and resolve the issue, we will provide liquidity again." (source link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators