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Backable Delisted Percolator Trade Financing Project

2026-11-10 07:14:02

The financing platform Backable, supported by MetaDAO, has removed the financing project for the perpetual contract protocol Percolator Trade from its website. Backable stated that the platform aims to allow users without connections or qualifications to establish valuable businesses, but some behaviors fall outside the scope it wishes to support; the platform made the above decision after reviewing relevant evidence. Backable will subsequently use the term "open" instead of "permissionless" and stated that it does not wish to be the judge of which projects to support on the platform, but a certain level of platform-level review still needs to be implemented.

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